Japanese ADR (American Depositary Receipts) stocks fell in comparison with the Tokyo Stock Exchange (converted to 1 dollar 156.94 yen), Kashima ＜1812＞, SoftBank G ＜9984＞, Ebara ＜6361＞, HOYA ＜7741＞, Isuzu ＜7202＞, TDK ＜6762＞, NTT ＜9432＞, etc. fell, and became almost completely depreciated. The Chicago Nikkei 225 futures settlement value is 38,560 yen, which is 540 yen lower than the Osaka daytime ratio.

The US stock market continues to decline. The Dow average closed at 39,065.26 dollars, which depreciated 605.78 dollars, and the Nasdaq closed at 16,736.04, which fell 65.50 points. Semiconductor NVIDIA's favorable financial results led to an improvement in investor sentiment, and it remained steady. After that, long-term interest rates rose due to employment-related indicators and PMI being stronger than expected and expectations of interest rate cuts receding, and the upper price of the market was suppressed. Furthermore, Boeing's decline weighed on the Dow, pushing down the index further and turning into a decline, and remained soft throughout the day. The NASDAQ also remained strong in the early stages, but until the end, profit-taking sales ahead of consecutive holidays also became heavy and turned into a decline, and it ended.

The dollar and yen rose from 156 yen 53 yen to 157 yen 20 yen in the New York foreign exchange market on the 23rd, and closed at 156 yen 96 yen. The number of new unemployment insurance claims for the US last week declined more than expected from the previous time, showing the strength of the labor market, and furthermore, the May manufacturing PMI unexpectedly maintained 50 units showing expansion of activity, and since the service industry PMI preliminary value also rose unexpectedly from April, the economy was stronger than expected, further boosting speculation that interest rate cuts would be delayed, spurring dollar purchases associated with rising interest rates. Yen sales also became dominant due to cautious remarks about US Treasury Secretary Yellen's intervention. The euro dollar rose to 1.0861 dollars, then fell to 1.0805 dollars and closed at 1.0814 dollars. As wage growth accelerated in the first quarter in the Eurozone, uncertainty spread over the European Central Bank (ECB) interest rate cut in June, and euro buybacks became dominant. After that, French Central Bank President Bill Lois de Gallows reconfirmed that “wage data should not be excessively interpreted” and that interest rate cuts began in June, and euro sales resumed.

NY crude oil futures fell for the July period (NYMEX crude oil closing price for the July period: 76.87 ↓ 0.70).

■Stocks with the highest ADR growth rate (23rd)

＜4911＞ Shiseido $31.34 4918 yen (103 yen) +2.14%

＜9202＞ ANA 3.97 dollars 3115 yen (63 yen) +2.06%

＜6460＞ Sega Sammy HD 3.56 dollars 2238 yen (18.5 yen) +0.83%

＜7012＞ Kawashige 14.59 dollars 5725 yen (41 yen) +0.72%

＜8306＞ Mitsubishi UFJ 9.96 dollars 1563 yen (-0.5 yen) + -0.03%

■Stocks with the lowest ADR depreciation rate (23rd)

＜7731＞ Nikon 10.29 dollars 1615 yen (-34 yen) -2.06%

＜6753＞ Sharp 1.4 dollars 879 yen (-72.7 yen) -7.64%

＜1812＞ Kashima 16.4 dollars 2574 yen (-80 yen) -3.01%

＜9984＞ SoftBank G 27.09 dollars 8503 yen (-227 yen) -2.6%

＜6361＞ Ebara 38.6 dollars 12116 yen (-269 yen) -2.17%

■Other ADR stocks (23rd)

＜1812＞ Kashima 16.4 dollars 2574 yen (-80 yen)

＜1925＞ Daiwa House 26.22 dollars 4115 yen (-54 yen)

＜1928＞ Sekisui House 22.46 dollars 3525 yen (-35 yen)

＜2503＞ Kirin 13.95 dollars 2189 yen (-17 yen)

＜2802＞ Ajinomoto 37.8 dollars 5932 yen (-69 yen)

＜3402＞ Toray $9.77 767 yen (-10 yen)

＜3407＞ Asahi Kasei 13.19 dollars 1035 yen (-17 yen)

＜4901＞ Fujifilm 10.78 dollars 3384 yen (-47 yen)

＜4911＞ Shiseido $31.34 4918 yen (103 yen)

＜5108＞ Bridgestone 21.51 dollars 6752 yen (-90 yen)

＜5201＞ AGC 7.07 dollars 5548 yen (-17 yen)

＜5802＞ Sumitomo Electric 14.82 dollars 2325 yen (-42.5 yen)

＜6301＞ Komatsu 29.38 dollars 4611 yen (-53 yen)

＜6361＞ Ebara 38.6 dollars 12116 yen (-269 yen)

＜6503＞ Mitsubishi Electric 35.38 dollars 2776 yen (-33 yen)

＜6586＞ Makita $30.07 4719 yen (-55 yen)

＜6645＞ Omron $33.84 5311 yen (-57 yen)

＜6702＞ Fujitsu 14.79 dollars 2321 yen (-32.5 yen)

＜6723＞ Renesas $8.98 2819 yen (-30 yen)

＜6758＞ Sony G $80.8 12,681 yen (-204 yen)

＜6762＞ TDK 47.95 dollars 7525 yen (-147 yen)

＜6902＞ Denso 16.07 dollars 2522 yen (-34 yen)

＜6954＞ FANUC 14.56 dollars 4570 yen (-58 yen)

＜6988＞ Nittoden 38.5 dollars 12084 yen (-181 yen)

＜7201＞ Nissan from 7.04 dollars 552 yen (-5.4 yen)

＜7202＞ Isuzu 12.5 dollars 1962 yen (-38.5 yen)

＜7203＞ Toyota 214.72 dollars 3370 yen (-33 yen)

＜7267＞ Honda 32.71 dollars 1711 yen (-20.5 yen)

＜7270 ＞ SUBARU 10.45 dollars 3280 yen (-58 yen)

＜7741＞ HOYA 116.79 dollars 18,329 yen (-366 yen)

＜7912＞ Dainichito 15.12 dollars 4746 yen (-36 yen)

＜7974＞ Nintendo $13.04 8186 yen (-95 yen)

＜8001＞ ITOCHU 91.19 dollars 7156 yen (-106 yen)

＜8002＞ Marubeni 192.81 dollars 3026 yen (-56 yen)

＜8031＞ Mitsui Mono 1031.47 dollars 8094 yen (-128 yen)

＜8053＞ Sumitomo Corporation 25.77 dollars 4044 yen (-47 yen)

＜8267＞ AEON 20.97 dollars 3291 yen (-42 yen)

＜8306＞ Mitsubishi UFJ 9.96 dollars 1563 yen (-0.5 yen)

＜8309＞ Mitsui Trust $4.52 3547 yen (-15 yen)

＜8316＞ Sumitomo Mitsui 12.42 dollars 9746 yen (-44 yen)

＜8411＞ Mizuho FG 4 dollars 3139 yen (-12 yen)

＜8591＞ ORIX 105.92 dollars 3325 yen (-27 yen)

＜8604＞ Nomura HD 5.97 dollars 937 yen (-9.1 yen)

＜8766＞ Tokio Marine HD 32.79 dollars 5146 yen (-57 yen)

＜8802＞ Ryojisho 16.12 dollars 2530 yen (-43.5 yen)

＜9202＞ ANA 3.97 dollars 3115 yen (63 yen)

＜9432＞ NTT 23.93 dollars 150 yen (-2.8 yen)

＜9735＞ SECOM 15.81 dollars 9925 yen (-105 yen)

＜9983＞ Fast Retay $25.74 40396 yen (-724 yen)

＜9984＞ SoftBank G 27.09 dollars 8503 yen (-227 yen)