“Chicago Nikkei Average Futures (CME)” (17th)

JUN24

O 38545 (in dollars)

H 38870

L 38545

C 38755 large margin +15 (evening ratio +65)

Vol 4641

JUN24

O 38535 (in yen)

H 38860

L 38535

C 38745 large margin +5 (evening ratio +55)

Vol 16039

“American Depositary Receipts Overview (ADR)” (17th)

In the ADR market, AGC ＜5201＞, Sumitomo Denshi ＜5802＞, Renesas ＜6723＞, SoftBank G ＜9984＞, Kashima ＜1812＞, Bridgestone ＜5108＞, and Denso ＜6902＞ declined in comparison with the Tokyo Stock Exchange (equivalent to 155.65 yen per dollar), and overall sales dominance.

Code stock name closing price compared to previous day Japanese yen conversion price Japanese closing price ratio

7203 (TM) TOYOTA 219.76 4.13 3421 -15

8306 (MUFG) Mitsubishi UFJ 10.03 0.27 1561 7.5

6758 (SONY) Sony G 83.75 0.36 13036 -64

9432 (NTTYY) NTT 24.34 -0.36 152 0.2

9983 (FRCOY) Fast Retay 26.24 0.00 40850 -160

8316 (SMFG) Sumitomo Mitsui 12.53 0.51 9751 28

6954 (FANUY) FANUC 14.71 0.07 4579 -18

9984 (SFTBY) SoftBank G 27.20 0.19 8467 -83

8031 (MITSY) Mitsui Mono 1025.02 12.52 7977 9

8001 (ITOCY) ITOCHU 92.97 0.10 7235 -19

7974 (NTDOY) Nintendo 13.64 -0.04 8492 -11

8766 (TKOMY) Tokio Marine HD 31.57 -0.10 4914 -6

7267 (HMC) Honda 33.24 0.42 1725 -2

6902 (DNZOY) DENSO 16.83 0.00 2619 -13.5

8411 (MFG) Mizuho FG 4.06 0.11 3160 26

7741 (HOCPY) HOYA 121.65 -1.09 18935 -15

6503 (MIELY) Mitsubishi Electric 36.24 0.17 2820 0.5

6723 (RNECY) Renesas 8.65 0.14 2692 -34.5

8053 (SSUMY) Sumitomo Corporation 26.44 -0.13 4115 6

8002 (MARUY) Marubeni 192.00 0.62 2988 -4

5108 (BRDCY) Bridgestone 22.10 0.13 6880 -41

6702 (FJTSY) Fujitsu 15.12 0.20 2353 -7.5

6301 (KMTUY) Komatsu 29.55 0.10 4599 4

4901 (FUJIY) FUJIFILM 10.92 0.04 3401 -13

8591 (IX) oryx 109.30 0.89 3403 10

8802 (MITEY) Ryojisho 17.54 -0.22 2730 -9

2802 (AJINY) Ajinomoto 38.61 -0.65 6010 15

8604 (NMR) Nomura HD 5.91 0.01 920 2.7

8267 (AONNY) AEON 21.18 0.08 3297 -7

6762 (TTDKY) TDK 46.52 0.11 7241 -21

1925 (DWAHY) Daiwa House 26.35 -0.05 4101 -12

8309 (SUTNY) Mitsui Trust 4.64 -0.02 3611 43

7270 (FUJHY) SUBARU 10.32 -0.13 3213 -7

1928 (SKHSY) Sekisui House 22.90 -0.37 3564 20

9735 (SOMLY) SECOM 15.97 -0.02 9943 -42

7201 (NSANY) Nissan since 7.10 -0.02 553 0.9

2503 (KNBWY) giraffe 14.44 -0.05 2248 10.5

4911 (SSDOY) Shiseido 31.64 0.46 4925 9

5802 (SMTOY) Sumitomo Electric 15.02 0.17 2338 -33

6988 (NDEKY) Nittoden 39.17 -0.20 12194 -26

7202 (ISUZY) ISUZU 12.97 0.07 2019 -2.5

9202 (ALNPY) ANA 4.00 0.13 3116 111

3407 (AHKSY) Asahi Kasei 13.27 0.11 1033 -5

1812 (KAJMY) Kashima 17.03 0.41 2651 -20

6586 (MKTAY) Makita 30.98 0.27 4822 -1

7912 (DNPLY) Dainichi Seal 15.34 0.15 4775 -4

3402 (TRYIY) Toray 10.07 0.11 784 -3

5201 (ASGLY) AGC 6.90 -0.20 5370 -127

6361 (EBCOY) Ebara 40.40 0.04 12576 -19

6645 (OMRNY) OMRON 34.70 -0.62 5401 8

(Top 50 by market capitalization, converted to 155.65 yen per dollar)

“Top 5 ADR Growth Rate Stocks” (17th)

Code stock name closing price Japanese yen conversion price Japanese closing price ratio (%)

9202 (ALNPY) ANA 4.00 3116 111 3.69

1801 (TISCY) Taisei Construction 9.20 5728 165 2.97

6952 (CSIOY) Casio 75.63 1177 27 2.35

8309 (SUTNY) Mitsui Trust 4.64 3611 43 1.21

5801 (FUWAY) Furukawa Electric 12.61 3925 44 1.13

“Top 5 ADR Decline Rate Stocks” (17th)

Code stock name closing price Japanese yen conversion price Japanese closing price ratio (%)

6753 (SHCAY) sharp 1.26 784 -39.4 -4.79

6471 (NPSKY) Nissei 9.66 752 -26 -3.34

5201 (ASGLY) AGC 6.90 5370 -127 -2.31

7731 (NINOY) Nikon 10.53 1639 -28.5 -1.71

6460 (SGAMY) SEGA SAMMY HD 3.60 2241 -34.5 -1.52

“US Stock Market Overview” (17th)

NYDOW

Closing price: 40003.59 compared to the previous day: 134.21

Opening Price: 39911.72 High Price: 40010.88 Low Price: 39858.86

Year-to-date high: 39807.37 year-to-date low: 37266.67

Previous year high: 37710.10 Previous year low price: 31819.14

Nasdaq

Closing price: 16685.97 YoY: -12.35

Opening Price: 16708.49 High Price: 16726.41 Low Price: 16613.84

Year-to-date high: 16442.20 year-to-date low: 14510.30

Previous year high: 15099.18 Previous year low price: 10305.24

S&P 500

Closing price: 5303.27 compared to the previous day: 6.17

Opening Price: 5303.10 High Price: 5305.45 Low Price: 5283.59

Year-to-date high: 5254.35 year-to-date low: 4688.68

Previous year high: 4783.35 Previous year low price: 3808.10

US 30-year government bonds 4.559% US 10-year government bonds 4.42%

The US stock market is mixed. The Dow average rose by 134.21 dollars to 40,003.59 dollars, and the NASDAQ closed down 12.35 points at 16,685.97.

Soft landing rose after being close to expected purchases. While the pace is slow, there is a strong view that the next action of the Federal Reserve (Fed) is to cut interest rates, and furthermore, the fact that China announced large-scale financial measures to support the real estate market supported the housing sector, and the Dow remained steady throughout the day and expanded the range of increases until the end of the day, reaching an all-time high of 40,000 dollars. Meanwhile, the NASDAQ ended in mixed conditions due to the rise in long-term interest rates due to heavy increases in long-term interest rates. By sector, while energy rose, semiconductors and manufacturing equipment declined.

Reddit (RDDT), which provides a social network platform, has risen because the announcement of a partnership with the AI (artificial intelligence) development company Open AI was well received. At Robinhood Markets (HOOD), a stock and crypto asset trading application, analysts who had been weak against the company until now raised the company's investment decisions by 2 levels due to a rekindling of the meme stock trading boom, and it rose. The airline company United (UAL) and Darden Restaurants (DRI), which operates Reslan, also rose, respectively, due to increased investment decisions from analysts. Game sales company Game Stop (GME) declined after announcing a decrease in sales and stock sale plans for the first quarter provisional results. It was also sold with AMC Entertainment (AMC), which operates movie theaters, which is traded as meme stocks.

The VIX Index, which shows investors' psychological fears, fell to 11.91 and was the lowest since the beginning of the year.

(Horiko Capital Management LLC)