Japanese ADR (American Depositary Receipts) shares fell in comparison with the Tokyo Stock Exchange (1 dollar 157.42 yen conversion), Japan Post Bank ＜6178 ＞, SMC ＜6273＞, HOYA ＜7741＞, Daikin Industries ＜6367＞, Renesas ＜6723＞, Murata Seisakusho (6981), etc. fell, and general sales dominance became dominant. The Chicago Nikkei 225 futures settlement value is 38,495 yen, which is 345 yen lower than the Osaka daytime ratio.

The US stock market is mixed. The Dow average closed at 38,589.16 dollars, down 57.94 dollars, and the Nasdaq closed at 17,688.88, which was 21.32 points higher. Purchases, which were expected to cut interest rates, retreated, and then fell. Since the June Michigan Consumer Confidence Index fell more than expected, concerns about a slowdown in consumption became heavy, and the market price became one step lower. Due to falling interest rates and purchases in response to Adobe's good financial results, the NASDAQ recovered to the positive zone towards the end of the game and hit a record high for 5 consecutive days. Both the Dow reduced the decline and ended in a mixed manner without erasing the decline.

The dollar and yen rose from 156 yen 95 yen to 157 yen 50 yen in the New York foreign exchange market on the 14th, and closed at 157 yen 42 yen. Since the growth in the US May import price index decelerated more than expected, dollar sales became dominant. Although the June University of Michigan Consumer Confidence Index preliminary figures announced later deteriorated unexpectedly, dollar buying resumed because the expected inflation rate for the same index, which the Federal Reserve (Fed) is watching closely, exceeded expectations. Dollar buying to evade quality also intensified due to political unease in France. The euro dollar fell to 1.0668 dollars, then rose to 1.0705 dollars, and closed at 1.0704 dollars. Political unease continued to put pressure on the euro in preparation for the French general election.

Growth was sluggish for the 8-month NY crude oil futures period on the 14th (NYMEX crude oil 8-month closing price: 78.05 ↓ 0.21).

■Stocks with the highest ADR growth rate (14 days)

＜7259＞ Aisin Seiki 39.18 dollars 6168 yen (617 yen) +11.12%

＜8309＞ Sumitomo Mitsui Tiger HD 4.58 dollars 3605 yen (84 yen) +2.39%

＜8601＞ Daiwa Securities G Headquarters 7.84 dollars 1234 yen (22 yen) +1.82%

＜5802＞ Sumitomo Electric Industries 17.05 dollars 2684 yen (47.5 yen) +1.8%

＜6594＞ Nidec 11.99 dollars 7550 yen (116 yen) +1.56%

■Stocks with lower ADR depreciation rate (14 days)

＜7182＞ Japan Post Bank 8.5 dollars 1338 yen (-140 yen) -9.47%

＜8750＞ Dai-ichi Life HD 23 dollars 3621 yen (-288 yen) -7.37%

＜6178＞ Japan Post 9 dollars 1417 yen (-80 yen) -5.34%

＜5020＞ ENEOS 10.25 dollars 807 yen (-26.9 yen) -3.23%

＜6273＞ SMC 24.65 dollars 77608 yen (-1182 yen) -1.5%

■Other ADR stocks (14 days)

＜2914＞ Nippon Tobacco Industry 14.27 dollars 4493 yen (-31 yen)

＜3382＞ Seven & I HD $12.67 1995 yen (-10 yen)

＜4063＞ Shin-Etsu Chemical 19.29 dollars 6073 yen (-72 yen)

＜4502＞ Takeda Pharmaceutical 13.1 dollars 4124 yen (-18 yen)

＜4519＞ Chugai Pharmaceutical 15.65 dollars 4927 yen (-26 yen)

＜4543＞ Terumo 16.49 dollars 2596 yen (-29.5 yen)

＜4568＞ Daiichi Sankyo 34.31 dollars 5401 yen (-21 yen)

＜4661＞ Orienland 27.8 dollars 4376 yen (-32 yen)

＜4901＞ Fujifilm $11.72 3690 yen (-34 yen)

＜5108＞ Bridgestone 20.79 dollars 6546 yen (-53 yen)

＜6098＞ Recruit HD $10 7871 yen (-23 yen)

＜6146＞ Disco 41.3 dollars 65014 yen (-586 yen)

＜6178＞ Japan Post 9 dollars 1417 yen (-80 yen)

＜6201＞ Toyota Industries $83.39 $13127 (-148 yen)

＜6273＞ SMC 24.65 dollars 77608 yen (-1182 yen)

＜6301＞ Komatsu Seisakusho 28.38 dollars 4468 yen (-41 yen)

＜6367＞ Daikin Industries 14.61 dollars 22999 yen (-301 yen)

＜6501＞ Hitachi, Ltd. $216.69, 17056 yen (-129 yen)

＜6503＞ Mitsubishi Electric 32.38 dollars 2549 yen (-4.5 yen)

＜6594＞ Nidec 11.99 dollars 7550 yen (116 yen)

＜6702＞ Fujitsu 15.31 dollars 2410 yen (-10.5 yen)

＜6723＞ Renesas $9.93 3126 yen (-40 yen)

＜6758＞ Sony $82.22 12,943 yen (-92 yen)

＜6857＞ Advantest $35.3 5557 yen (16 yen)

＜6902＞ Denso 15.16 dollars 2386 yen (-20.5 yen)

＜6954＞ FANUC $13.75 4329 yen (-52 yen)

＜6981＞ Murata Manufacturing 10.14 dollars 3192 yen (-40 yen)

＜7182＞ Japan Post Bank 8.5 dollars 1338 yen (-140 yen)

＜7203＞ Toyota Motor Corporation 197.13 dollars 3103 yen (-13 yen)

＜7267＞ Honda Motor 32.04 dollars 1681 yen (-14.5 yen)

＜7741＞ HOYA 117.24 dollars 18456 yen (-249 yen)

＜7751＞ Canon $28.06 4417 yen (-30 yen)

＜7974＞ Nintendo 13.39 dollars 8431 yen (-50 yen)

＜8001＞ ITOCHU Corporation 94.9 dollars 7470 yen (-68 yen)

＜8002＞ Marubeni 191.65 dollars 3017 yen (-24 yen)

＜8031＞ Mitsui & Co., 955.08 dollars 7517 yen (-77 yen)

＜8035＞ Tokyo Electric 111.05 dollars 34963 yen (13 yen)

＜8053＞ Sumitomo Corporation 25.32 dollars 3986 yen (-29 yen)

＜8058＞ Mitsubishi Corporation 20.04 dollars 3154 yen (-36 yen)

＜8306＞ Mitsubishi UFJFG 10.02 dollars 1577 yen (-1.5 yen)

＜8316＞ Sumitomo Mitsui Financial Group 12.62 dollars 9933 yen (-57 yen)

＜8411＞ Mizuho Financial Group 3.89 dollars 3062 yen (-1 yen)

＜8591＞ ORIX $107.32 3379 yen (-16 yen)

＜8725＞ MS&AD Inci HD 19.7 dollars 3101 yen (-24 yen)

＜8766＞ Tokio Marine HD 34.46 dollars 5425 yen (-19 yen)

＜8801＞ Mitsui Fudosan 27.9 dollars 1464 yen (-12.5 yen)

＜9432＞ NTT 23.11 dollars 146 yen (-0.5 yen)

＜9433＞ KDDI 13.32 dollars 4194 yen (-28 yen)

＜9983＞ Fast Lite 25.42 dollars 40016 yen (-384 yen)

＜9984＞ SoftBank G 31.7 dollars 9980 yen (-120 yen)