At the close of trading five days ago, the number of rising stocks in the Nikkei average constituent stocks was 58, the number of declining stocks was 166, and the number of unchanged stocks was 1.
The Nikkei average continues to fall. It closed the morning session at 38,527.60 yen (with an approximate volume of 860 million shares traded), down 309.86 yen (-0.80%) from the previous day.
The U.S. stock market rose on the 4th. The Dow Jones Industrial Average ended the session at 38,711.29 dollars, up 140.26 dollars (+0.36%), the Nasdaq rose 28.38 points (+0.17%) to 16,857.05, and the S&P 500 rose 7.94 points (+0.15%) to 5,291.34. After some fluctuations due to uncertainty about the economy and interest rates, the market turned upward as the JOLT job openings report released later was below expectations, rekindling hopes for a rate cut in September. The Nasdaq saw a mix of profit-taking selling and buying due to the decline in interest rates, but it rose as Nvidia in the semiconductor industry rose. The market extended its gains and closed higher.
Although U.S. stocks rose, the yen's appreciation and other factors were a drag on the Tokyo market, which opened with a selling bias. While the Nikkei fell as low as 38,343.98 yen at one point, the decline was partly supported by rising real estate stocks, which were buoyed by the decline in interest rates. Both Japan and the U.S. are now under the influence of fluctuations in interest rates.
Among the Nikkei average constituent stocks, Recruit Holdings <6098>, and Mitsukoshi-Isetan <3099> were pushed down due to profit-taking selling, while Kawasaki Kisen <9107>, Kawasaki Heavy Industries <7012> and Mitsubishi Electric <6503> were sold. In addition, some semiconductor-related stocks such as SUMCO <3436> and SCREEN Holdings <7735> were also sold off.
On the other hand, retail-related stocks such as Nichirei <2871>, Nitori Holdings <9843>, and Seven & i HD <3382> rose as the yen appreciated and the dollar fell to around 154 yen. In addition, real estate stocks such as Mitsui Fudosan <8801>, Mitsubishi Estate <8802>, Sumitomo Realty & Development <8830>, and Tokyu Fudosan HD <3289> were also bought due to the decline in interest rates in Japan and the U.S.
Insurance, marine transportation, mining, nonferrous metals, and iron & steel declined, while real estate, pharmaceuticals, electric & gas, precision instruments, and land transportation rose by industry.
The top negative contributors were Tokyo Electron <8035>, which pushed down the Nikkei average by approximately 84 yen alone, followed by Recruit Holdings <6098>, Advantest <6857>, Toyota <7203>, KDDI <9433>, Honda <7267>, and Toyota Tsusho <8015>.
On the other hand, Softbank Group <9984>, with a positive contribution of approximately 18 yen alone, was the top positive contributor, followed by Fast Retailing <9983>, Terumo <4543>, Daiichi Sankyo <4568>, Olympus <7733>, Nitori Holdings <9843>, and Eisai <4523>.
*As of 11:30.
Nikkei Stock Average: 38,527.60 (-309.86)
Number of advancing stocks: 58 (contribution: +118.75)
Number of declining stocks: 166 (contribution: -428.61)
Number of unchanged issues 1
○ Top advancing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
<9984> SoftBank Group 9095 92 18.05
<9983> Fast Retailing 40,670 160 15.69
<4543> Terumo 2676 50 12.95
<4568> Daiichi Sankyo 5546 113 11.08
<7733> Olympus 2577 65 8.50
<9843> Nitori Holdings 17765 480 7.85
<4523> Eisai 7069 104 3.40
<4578> Otsuka Holdings 6561 98 3.20
Mitsui Fudosan Co., Ltd. <8801> 1524 32 3.14
Sony Group Corp <6758> 13420 80 2.62
NTT Data Corporation <9613> 2378 15 2.45
Kyocera Corporation Sponsored ADR <6971> 1854 9 2.22
Astellas Pharma Inc. <4503> 1590 13 2.12
Seven & I Holdings Co., Ltd. <3382> 2067 21 2.06
The Nichirei Corporation <2871> 3728 123 2.01
Sumitomo Realty & Development Co., Ltd. <8830> 5049 61 1.99
Oriental Land Co., Ltd. Unsponsored ADR <4661> 4611 58 1.90
Mitsubishi Estate Co., Ltd. <8802> 2690 50 1.63
ZOZO Inc. <3092> 3838 38 1.24
Kikkoman Corporation <2801> 1844 8 1.23
Top decreasing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
Toshiba Corporation <8035> 33600 -860 -84.34
Recruit Holdings Co., Ltd. <6098> 7858 -396 -38.84
Advento, Inc. <6857> 5248 -83 -21.71
Toyota Motor <7203> 3231 -67 -10.95
KDDI Corporation <9433> 4324 -50 -9.81
Honda Motor Co., Ltd. <7267> 1677 -49.5 -9.71
Toyota Tsusho Corporation <8015> 9106 -296 -9.68
DENSO Corporation <6902> 2480 -70 -9.15
<6273> SMC 77290 -2680 -8.76
Fanuc Corp <6954> 4404 -51 -8.34
Tokio Marine Holdings, Inc. <8766> 5381 -153 -7.50
Canon Inc-Spons ADR <7751> 4525 -139 -6.82
Laser Tech Corporation <6920> 37950 -510 -6.67
Mitsubishi Corporation <8058> 3241 -64 -6.28
Daikin Industries, Ltd. unsponsored adr <6367> 23120 -180 -5.88
YASKAWA Electric Corporation <6506> 6159 -176 -5.75
Mitsukoshi Holdings Co Ltd <3099> 3114 -172 -5.62
ITOCHU Corporation <8001> 7296 -170 -5.56
Mitsui & Co Ltd <8031> 7668 -165 -5.39
SCREEN Holdings Co Ltd <7735> 14790 -410 -5.36