Three things to watch in the afternoon session ~ Financial stocks are bought due to rising interest rates, but business is slow.

Fisco Japan · Jun 10 11:17

10日の後場の取引では以下の3つのポイントに注目したい。

・日経平均は反発、金利上昇で金融株買われるも商いは閑散

・ドル・円は伸び悩み、節目付近で売り

・値上り寄与トップはソフトバンクG＜9984＞、同2位はファーストリテ＜9983＞

■日経平均は反発、金利上昇で金融株買われるも商いは閑散

日経平均は反発。前営業日比188.26円高（＋0.49％）の38872.19円（出来高概算6億7000万株）で前場の取引を終えている。

7日の米国株式市場は下落。ダウ平均は87.18ドル安（－0.22％）の38798.99ドル、ナスダックは39.99ポイント安（－0.23％）の17133.13、S&P500は5.97ポイント安（－0.11％）の5346.99で取引を終了した。5月雇用統計が想定以上に強く早期利下げ期待を受けた買いが後退し、寄り付き後、下落。同時に、経済に楽観的な期待も広がり、一時上昇する局面もあったが、長期金利上昇を嫌気した売りに押され、相場は下落で終了した。

米国株は下落したものの、為替の円安推移などを材料に東京市場はやや買い優勢で取引を開始した。日経平均は寄付きからじりじりと上昇し38800円台でのもみ合いとなった。長期金利の指標となる新発10年物国債利回りが1.0％台に乗せたことなどから、時価総額が大きい金融株が相対的に買われたこともあり、TOPIXの上げがやや目立った。

日経平均採用銘柄では、長期金利上昇を受けてSOMPOホールディングス＜8630＞、第一生命ホールディングス＜8750＞、T&Dホールディングス＜8795＞、東京海上＜8766＞など保険株が上昇したほか、ソシオネクスト＜6526＞、SUMCO＜3436＞、レーザーテック＜6920＞など半導体の一角も堅調。このほか、シャープ＜6753＞、日立＜6501＞、富士通＜6702＞が買われた。

一方、証券会社のネガティブなレポートを受けて花王＜4452＞が売られたほか、日本郵船＜9101＞、川崎汽船＜9107＞、商船三井＜9104＞など船株も弱い。このほか、積水ハウス＜1928＞、アステラス製薬＜4503＞、大成建設＜1801＞が売られた。

業種別では、保険業、石油・石炭製品、ゴム製品、輸送用機器、陸運業などが上昇した一方、海運業、その他製品、証券・商品先物取引業、空運業の4セクターのみ下落した。

プライム市場の売買代金は1.6兆円台に留まっており先週末同様、商い閑散となっている。今週は日米の中央銀行会合が予定されていることから、商い閑散で方向感に乏しい地合いは続くと想定。一方、週末の日本銀行による金融政策決定会合開催を受けて、債券市場は思惑先行の地合いとなりやすいことから、金利動向も要注意となろう。後場は前場同様、商い閑散のなか金利動向をにらんだ地合いを想定。39000円台を試す可能性はあるが、買いは続かないと考える。

■ドル・円は伸び悩み、節目付近で売り

10日午前の東京市場でドル・円は伸び悩み。156円71銭から156円99銭まで上昇後、高値圏でのもみ合い。米10年債利回りの高止まりでドル買いに振れやすいほか、日経平均株価の堅調地合いで円売り基調に。ただ、節目付近の売りが重石となった。

ここまでの取引レンジは、ドル・円は156円71銭から156円99銭、ユーロ・円は168円84銭から169円17銭、ユーロ・ドルは1.0765ドルから1.0781ドル。

■後場のチェック銘柄

・ジェイック＜7073＞、ジオコード＜7357＞など、3銘柄がストップ高

※一時ストップ高（気配値）を含みます

・値上り寄与トップはソフトバンクG＜9984＞、同2位はファーストリテ＜9983＞

■経済指標・要人発言

【経済指標】

・日・1-3月期GDP2次速報：前期比年率-1.8％（予想：-2.0％、1次速報：-2.0％）

・日・4月経常収支：+2兆505億円（予想：+1兆6935億円、3月：+3兆3988億円）

【要人発言】

・ブレイナード国家経済委員会（NEC）委員長

「雇用統計、国内労働者にとり良いニュース」

「賃金の上昇は、消費者にとりプラス」

「消費者にとってコストは依然高過ぎる。我々は引き続き、ガソリンや日常品価格を巡る戦いを続ける」

＜国内＞

・14:00　5月景気ウォッチャー調査・現状判断（4月：47.4）

＜海外＞

特になし

In the afternoon trading on the 10th, the following three points should be noted.

- Nikkei Average rebounded, financial stocks bought due to rising interest rates, but trading was sluggish.

- The dollar-yen is struggling to grow and is sold near the milestone.

- SoftBank Group <9984>, and the second most contributor is FastRetailing <9983>.

Nikkei average rebounded, financial stocks purchased due to rising interest rates, but trading was sluggish.

Nikkei average rebounded. It ended the morning trading at 38,872.19 yen (approximate trading volume 670 million shares), up 188.26 yen from the previous business day (+0.49%).

The US stock market fell on the 7th. The Dow Jones fell 87.18 dollars (-0.22%) to 38798.99 dollars, Nasdaq fell 39.99 points (-0.23%) to 17133.13, and S&P500 fell 5.97 points (-0.11%) to 5346.99. Purchases that were expected to benefit from the May employment statistics being stronger than expected and early interest rate cuts retreated and fell after the opening. At the same time, there were situations where it temporarily rose due to optimistic expectations for the economy, but the market ended up falling under selling pressure that disliked the rise in long-term interest rates.

Although the US stocks declined, the Tokyo market opened with slightly more buying on the material of the depreciation trend of the yen. The Nikkei average rose slowly from the opening and became entangled in the 38,800 yen range. Because the yield on newly issued 10-year government bonds, which is an indicator of long-term interest rates, was put in the 1.0% range, large market capitalization financial stocks were relatively bought, and the rise of TOPIX was somewhat noticeable.

In the Nikkei average adopted stocks, insurance stocks such as SOMPO Holdings <8630>, Dai-ichi Life Holdings <8750>, T&D Holdings <8795>, and Tokyo Marine <8766> rose in response to the rise in long-term interest rates, and some semiconductor companies, such as Socionext <6526>, SUMCO <3436>, and Laser Tech <6920>, were also firm. In addition, Sharp <6753>, Hitachi <6501>, and Fujitsu <6702> were bought.

On the other hand, Kao <4452> was sold after receiving negative reports from securities companies, and shipping stocks such as Nippon Yusen <9101>, Kawasaki Kisen <9107>, and Mitsui OSK <9104> were also weak. In addition, TAKEDA PHARMACEUTICAL <4502> and OBAYASHI <1802> were sold.

In terms of industries, insurance, petroleum and coal products, rubber products, transportation equipment, and land transportation rose, while marine transportation, other products, securities and commodity futures trading, and air transportation fell only in the 4 sectors.

The trading value in the prime market remains in the 1.6 trillion yen range and is sluggish as it was last weekend. This week, assuming that the Tokyo market will continue to have a directionless market with sluggish trading due to scheduled central bank meetings in Japan and the United States, be wary of interest rate movements as well, as the bond market tends to be speculative before the Bank of Japan's financial policy decision meeting to be held over the weekend. In the afternoon, a directionless market with sluggish trading is expected, focusing on interest rate movements. There is a possibility of trying the 39,000 yen range, but I don't think the buy-up will continue.

- The dollar-yen is struggling to grow, and sold near the milestone.

On the morning of the 10th in the Tokyo market, the dollar-yen is struggling to grow. After rising from 156.71 yen to 156.99 yen, it became entangled in the high-price range. It is more susceptible to a dollar buying due to the high yield of 10-year US bonds and the predominantly yen-selling trend due to the solid market performance of the Nikkei average stock price. However, the selling near the milestone became a heavy stone.

The trading range so far is 156.71 yen to 156.99 yen for dollar-yen, 168.84 yen to 169.17 yen for euro-yen, and 1.0765 dollars to 1.0781 dollars for euro-dollar.

Check stocks for the afternoon session

- JEC (7073) and Geocode (7357) have reached their daily limit-up, among other three stocks.

*Includes temporary stopper (indicated price)

- Softbank Group (9984) is the company with the highest price increase, followed by Fast Retailing (9983).

Economic indicators and remarks by important people

[Economic indicators]

- Japan's 1Q GDP second preliminary report: quarter-on-quarter annual rate -1.8% (estimation: -2.0%, first preliminary report: -2.0%)

- Japan's April current account balance: 2.505 trillion yen (estimation: 1.6935 trillion yen, March: 3.3988 trillion yen)

[Important Person's Remarks]

- Brenard, Chairman of the National Economic Commission (NEC)

"Employment statistics bring good news for domestic workers of individual stocks."

"Wage growth is a plus for consumers."

"The cost is still too high for consumers. We will continue the fight over gasoline and daily goods prices."

- 14:00 May Economic Watcher Survey, current situation judgment (April: 47.4)

Nothing special

The translation is provided by third-party software.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.

後場に注目すべき3つのポイント～金利上昇で金融株買われるも商いは閑散

Three things to watch in the afternoon session ~ Financial stocks are bought due to rising interest rates, but business is slow.

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