[Nikkei Stock Average and TOPIX (Table)]
The Nikkei average was 39,182.06, up 305.35. The TOPIX was 2,767.85, up 11.41.
On the 13th, the Nikkei average rebounded and started trading at 39,182.06 yen, up 305.35 yen. The US stock market on the 12th was mixed. The Dow Jones Industrial Average closed at 38,712.21, down 35.21 dollars, and the Nasdaq closed at 17,608.44, up 264.89 points. Following the announcement of lower-than-expected May Consumer Price Index(CPI), investment in response to expectations of a rate cut this year led to buying and rose. The Federal Reserve Board(FRB) decided to keep its policy interest rate as expected at the Federal Open Market Committee(FOMC), but as members' forecasts were revised downward from three rate cuts to one this year, interest rates stopped falling and the Dow turned downward. The Nasdaq continued to gain support from the semiconductor industry and set a new record high for the day.
[Sector]: Mining, insurance, banking, transportation equipment, wholesale trade, etc. are the top decliners, while pharmaceuticals, precision instruments, and electric and gas industries rose. The turnover of the Tokyo Stock Exchange Prime includes Laser Tech <6920>, Mirrors HD <8897>, Kawasaki Shipbuilding <9107>, Dai-ichi Life HD <8750>, Recruit HD <6098>, Marubeni <8002>, Mitsui & Co. <8031>, Honda <7267>, SMC <6273>, INPEX <1605>, Nissan Motor <7201>, and Nomura <8604>, all of which fell. Meanwhile, Nitori Holdings <9843>, Rakuten Group <4755>, and Daiichi Sankyo <4568>, among others, have risen.
Buying dominated the Tokyo stock market today. Although the Dow Jones average fell in the US stock market yesterday, the Philadelphia Semiconductor Index(SOX Index), consisting mainly of the Nasdaq Composite Index with a high proportion of high-tech stocks and major semiconductor-related stocks, rose sharply, providing support for high-tech and semiconductor-related stocks in the Tokyo market. In addition, there was a sense of security in the stock market, as the dollar-yen exchange rate temporarily fluctuated to 155.70 yen per dollar in the foreign exchange market, down about 1.50 yen from around 3 pm yesterday, indicating a stronger yen and a weaker dollar, but later the yen declined again. On the other hand, the Dow's slight decline in the US stock market yesterday weighed on the Tokyo market's stock prices. Events such as the announcement of the US Consumer Price Index(CPI) and the release of the Federal Open Market Committee(FOMC) results have passed, but in the US, tonight, the Producer Price Index(PPI) for May will be announced. Some investors refrain from actively buying to assess this, but buying was dominant at the opening. According to the state of foreign and domestic securities transactions(weekly) announced before the opening of trading, overseas investors sold more domestic stocks than they bought for the first time in seven weeks from June 2-8. Net sales amounted to 346.6 billion yen.
By sector, machinery, securities and futures products, services, electrical equipment, and oil and coal products were among the top gainers in terms of price gains, while marine transportation, mining, electricity and gas utilities, textile products, and pharmaceuticals were among the top losers. Among the top trading values on the Tokyo Stock Exchange Prime were TDK <6762>, Mitsubishi Heavy Industries <7011>, Renesas Electronics <6723>, Advantest <6857>, SUMCO <3436>, SoftBank Group <9984>, DISCO <6146>, Recruit Holdings <6098>, Shin-Etsu Chemical <4063>, Daikin Industries <6367>, Screen Holdings <7735>, Sony Group <6758>, Nidec Corporation <6594>, Murata Manufacturing <6981>, and Fast Retailing <9983>, all of which rose. On the other hand, Hokkaido Electric Power <9509>, Dai-ichi Life Holdings <8750>, TEPCO Holdings <9501>, Mitsubishi Shoji <8058>, Mitsui & Co <8031>, Canon <7751>, INPEX <1605>, Nippon Yusen <9101>, Nintendo <7974>, Nissan Motor <7201>, and Tokio Marine <8766> fell.
Translated text included in keys/values which should not be translated.