In the afternoon of the 19th, there are three points to focus on in trading.
・NIKKEI average continues to rise, and after a round of buying, Tokyoelectron loses momentum and has heavy upside. ・ The dollar-yen rate is at the level of 157 yen, and the selling of dollars, which is conscious of the decline in long-term US interest rates, has come to an end. ・ Softbank G <9984> contributed to the top of the increase, and Advantest <6857> was second.
In the morning of the 19th, the NIKKEI average continued to rise. It ended the morning session at 38707.21 yen (approximately 680 million shares traded), up 225.10 yen (+0.58%) from the previous day. On the 18th, the US stock market continued to rise. The Dow Jones Industrial Average closed at 38834.86 yen, up 56.76 yen (+0.15%), the Nasdaq was up 5.21 points (+0.03%) at 17862.23, and the S&P 500 was up 13.80 points (+0.25%) at 5487.03. Starting by reflecting the rise in US stocks, the Tokyo market opened trading with a strong buy. After the opening, the Nikkei average rose to 38797.97 yen, almost recovering from the previous week's sharp decline. After a round of buying, the Tokyo Electron <8035> lost momentum, and the Nikkei average ended its morning session at the level of the 25-day moving average. The trading volume was small, and the turnover in the prime market remained at 1.6 trillion yen. In the Nikkei 225 stock, Mitsubishi Motors <7211> soared due to its report on expanding shareholder return for the fiscal year ending March 2025, and Mitsubishi Heavy Industries <7011> received a positive report from a securities company and continued to be bought, updating the year-to-date high. In addition, Apple-related stocks such as Nippon Electric Glass <6988>, TDK <6762>, and Taiyo Yuden <6976> and the like are also strong. On the other hand, semiconductor stocks were mixed, with Tokyo Electron losing momentum, and Screen HD <7735> and Socionext <6526> widening their losses. The inbound-related stocks such as Shiseido <4911>, Mitsukoshi Isetan <3099>, and Keisei Electric Railway <9009> were not impressive. Shipping stocks such as Nippon Yusen <9101>, Kawasaki Kisen Kaisha <9107>, and Mitsui OSK Lines <9104> were also sold. In terms of industry sector, insurance, banking, transportation equipment, machinery, and other financial businesses rose while marine transportation, retail trade, petroleum and coal products, pulp and paper, and precision instruments fell.
- Softbank G <9984> was the top contributor to the price hike, and Advantest <6857> was the second one.
・NIKKEI average continues to rise, and after a round of buying, Tokyoelectron loses momentum and has heavy upside.
The NIKKEI average continues to rise. It ended the morning session at 38707.21 yen (approximately 680 million shares traded), up 225.10 yen (+0.58%) from the previous day.
On the 18th, the US stock market continued to rise. The Dow Jones Industrial Average closed at 38834.86 yen, up 56.76 yen (+0.15%), the Nasdaq was up 5.21 points (+0.03%) at 17862.23, and the S&P 500 was up 13.80 points (+0.25%) at 5487.03. The market rose after the results of May's retail sales justified the rate cut, but concerns about the economy widened and the market struggled to rise. There were also many profit-taking sales of high-tech near their all-time highs, but the decline in long-term interest rates supported the market and the market remained firm all day. The Nasdaq finished updating its all-time high for the 7th business day.
Starting by reflecting the rise in US stocks, the Tokyo market opened trading with a strong buy. After the opening, the Nikkei average rose to 38797.97 yen, almost recovering from the previous week's sharp decline. After a round of buying, the Tokyo Electron <8035> lost momentum, and the Nikkei average ended its morning session at the level of the 25-day moving average. The trading volume was small, and the turnover in the prime market remained at 1.6 trillion yen.
In Nikkei 225 stock, Mitsubishi Motors <7211> soared due to its report on expanding shareholder return for the fiscal year ending March 2025, and Mitsubishi Heavy Industries <7011> received a positive report from a securities company and continued to be bought, updating the year-to-date high. In addition, Apple-related stocks such as Nippon Electric Glass <6988>, TDK <6762>, and Taiyo Yuden <6976> and the like are also strong.
On the other hand, semiconductor stocks were mixed, with Tokyo Electron losing momentum, and Screen HD <7735> and Socionext <6526> widening their losses. The inbound-related stocks such as Shiseido <4911>, Mitsukoshi Isetan <3099>, and Keisei Electric Railway <9009> were not impressive. Shipping stocks such as Nippon Yusen <9101>, Kawasaki Kisen Kaisha <9107>, and Mitsui OSK Lines <9104> were also sold.
In terms of industry sector, insurance, banking, transportation equipment, machinery, and other financial businesses rose while marine transportation, retail trade, petroleum and coal products, pulp and paper, and precision instruments fell.
Tonight's US market is closed due to Juneteenth. The afternoon Tokyo market will be more cautious than the morning and trading will be thin. It is assumed that the NIKKEI average will be a swirling market between the 38737 yen level, where the 25-day moving average is located. Due to a lack of trading materials, including the closure of the US market on the 19th, Prime market trading volume is likely to be at its lowest level this year.
On the morning of the 19th, the dollar-yen rate was at the 157 yen level. Selling of dollars, which is conscious of the decline in long-term US interest rates, has come to an end. However, as the US market is closed on the 19th, there seems to be a shortage of significant trading materials.
On the morning of the 19th, the dollar-yen rate was at the 157 yen level. Selling of dollars, which is conscious of the decline in long-term US interest rates, has come to an end. However, as the US market is closed on the 19th, there seems to be a shortage of significant trading materials.
The trading range so far is between 157.73 yen and 157.92 yen, and the euro and dollar are struggling. It fluctuated from 1.0735 dollars to 1.0742 dollars. The euro yen is also struggling, fluctuating from 169.66 yen to 169.39 yen.
Check stocks for the afternoon session
- Four stocks including Manabi Aid <184A> and SB Technology <4726> hit their upper limits.
*Includes temporary stopper (indicated price)
- Softbank G <9984> was the top contributor to the price hike, and Advantest <6857> was the second one.
Economic indicators and remarks by important people
[Economic indicators]
- NZ Q1 Current Account Balance: -4.359 billion NZ dollars (estimate: -4.65 billion NZ dollars)
- Japan Trade Balance in May: -1.2113 trillion yen (estimate: -1.2805 trillion yen, April: -465.6 billion yen)
[Important Person's Remarks]
- Summary of the Bank of Japan's monetary policy meeting minutes
"There is a possibility of shortening the lag in the transmission of the weak yen effect to prices and wages" (a member)
"If the rate of inflation continues to rise, the pace of normalization may quicken"
- Chief Cabinet Secretary Lin
"Watching the management situation of Norinchukin and its impact on the affiliated financial institutions."
Not applicable.
- 15:00 UK Consumer Price Index (YoY expected: +2.0%, April: +2.3%)
- 15:00 UK Producer Price Index Output (YoY expected: +1.7%, April: +1.1%)
- US holiday (Juneteenth National Independence Day)