The Nikkei Average rebounded. The front-end transaction was closed at 37780.35 yen (estimated volume of 740 million shares), which was 151.87 yen higher (+0.40%) compared to the previous day.
The US stock market declined on the 25th. The Dow average closed at 375.12 dollars (-0.98%) of 38085.80 dollars, the NASDAQ depreciated 100.99 points (-0.64%) at 15611.76, and the S&P 500 closed at 5048.42, which was 23.21 points lower (-0.46%). It fell after falling close to sales that were concerned about a slowdown in growth due to a slowdown in gross domestic product (GDP) growth for the January-March fiscal year. At the same time, since growth in the price index for the same quarter accelerated more than expected, sales that were disgusted by long-term interest rate increases also strengthened. In high-tech, sales in response to meta's settlement also became heavy, and the NY Dow continued to decline as Caterpillar's decline pushed down. There was a soft trend throughout the day, but at the end of the day, the decline narrowed until the end of the game, supported by purchases expecting financial results from major companies, and ended.
Although US stocks fell, the Tokyo market started at a high level due to Alphabet and Microsoft's rapid growth due to overtime trading after financial results were announced. The Nikkei Average was in trouble at the previous day's closing price level, but after the first round of trading, US stock futures remained steady, and it rose to the 37800 yen level. However, since the results of the Bank of Japan's monetary policy meeting were announced at noon, aggressive trading was refrained, and the trading price on the previous prime market remained at around 2 trillion yen.
Among stocks adopted by the Nikkei Average, Keyence ＜6861＞, where the previous fiscal year's results slightly exceeded market consensus, rose drastically, and cyber ＜4751＞ rebounded because reports etc. from some securities companies were viewed as material. Also, SoftBank (9434), which announced that 1 share would be split into 10 shares, also rose. Additionally, SUMCO ＜3436＞, Socionext ＜6526＞, Canon ＜7751＞, and Nidec ＜6594＞ were purchased. Among stocks other than those adopted by the Nikkei Average, Nomura FHD (3231) had a buying advantage based on financial results.
Meanwhile, in connection with financial results, Shin-Etsu (4063) and Fujitsu (6702) had a sales advantage. In addition, Komatsu ＜6301＞, Hitachi Construction Equipment ＜6305＞, Shiseido ＜4911＞, and Nikon ＜7731＞ were sold. Among stocks other than those adopted by the Nikkei Average, financial results of Toko Takaoka ＜6617＞ were viewed negatively and temporarily stopped depreciating.
By industry, insurance, pharmaceuticals, electrical equipment, petroleum and coal products, metal products, etc. rose, while chemicals, electrical/gas industries, precision instruments, fisheries/agriculture and forestry, pulp/paper, etc. declined.
The exchange rate is in the 60 yen range of 155 yen per dollar. At the time of closing ahead, the results of the Bank of Japan monetary policy meeting have not yet been communicated, and the exchange market, like the stock market, is strengthening its wait-and-see attitude. Meanwhile, in the bond market, since it was reported at this meeting that a method to reduce government bond purchases was being examined, bond prices fell, and 10-year bond yields temporarily rose to the 0.935% range. Market interest in the announcement of the results of the Bank of Japan meeting is high, but there is also a strong mood to confirm the press conference of Bank of Japan Governor Ueda Kazuo at 15:30. If there were no surprises, there is a possibility that the wait-and-see mood will intensify in the Tokyo stock market later.