[Nikkei Stock Average TOPIX (table)]

Nikkei Average; 38058.67; -498.20

TOPIX; 2726.85; -14.77

[Backside Overview]

The backstage Nikkei Average started at 38058.67 yen, 498.20 yen lower than the previous day, and slightly reduced the decline from the previous draw (37974.47 yen). Nikkei 225 futures during lunchtime are in the range of 37,910 yen to 38070 yen, and they are strong and match. The dollar and yen are at a level of 1 dollar = 157.30-40 yen, and the yen appreciates and depreciates by about 20 yen from around 9:00 a.m. As for Asian market conditions, the Shanghai Composite Index fell about 0.1% without a determined sense of direction with the previous day's closing price in between, while there was a scene where the Hong Kong Hang Seng Index rose slightly in the morning, but after that it was soft and fell by about 0.9%.

The backstage of the Tokyo market began with buying slightly ahead of the previous closing. Although the Nikkei Average fell to the front market, it seems that there was a sense of security in the Tokyo market that the lower price developed steadily after the first round of sales in the morning. Meanwhile, long-term US interest rates, which rose yesterday in overseas markets, have remained strong even after that, and domestic long-term interest rates have also risen, which seems to weigh on stock prices in the Tokyo market.

In the sector, mining, wholesale, and electric/gas industries are at the top of the rate of decline, while pulp/paper, warehousing-related, and banking industries are at the top of the rate of increase.

Advantest ＜6857＞, Hokkaido Electric Power ＜9509＞, TEPCO HD ＜9501＞, Kyushu Electric Power ＜9508＞, Mitsubishi Electric Power ＜6503＞, Loze ＜6323＞, SoftBank G＜9984＞, Fast Lite ＜9983＞, TOWA ＜6315＞, and East Elec ＜8035＞ have declined. Meanwhile, ASICS ＜7936＞, Mitsubishi Heavy ＜7011＞, Sony G ＜6758＞, Mitsui E&S ＜7003＞, SOMPO ＜8630＞, Sumitomo Mitsui ＜8316＞, Kasumigaseki Capital ＜3498＞, Nintendo ＜7974＞, Mizuho ＜8411＞, and NTT ＜9432＞ are rising.