While Advantest ＜6857＞, Disco ＜6146＞, SoftBank G＜9984＞, Renesas ＜6723＞, etc. rose in comparison with the Tokyo Stock Exchange (converted to 159.66 yen per dollar), Japan Post Bank (7182), Japan Post (Japan Post Office (6178)), Nidec ＜6594＞, Takeda Pharmaceutical (4502), etc. fell, and the overall situation was mixed. The Chicago Nikkei 225 futures settlement value is 39290 yen, 140 yen higher than the Osaka daytime ratio.

The US stock market is mixed. The Dow average closed at 39,112.16, down 299.05 dollars, and the Nasdaq index rose 220.84 points to 17,717.65. There are many ways to snuggle. A sense of caution about the future of the economy in response to the decline in the consumer confidence index in June, and the fact that Fed officials showed a cautious stance on interest rate cuts one after another weighed on the market price. The backlash from semiconductor NVIDIA supported investor sentiment, and purchases in semiconductor and artificial intelligence (AI) stocks also went up, and the NASDAQ rose. NVIDIA fell more than 10% from its most recent high and was in an adjustment phase, but it seems that there was also a sense of affordability.

The dollar and yen rose from 159 yen 43 yen to 159 yen 76 yen in the New York foreign exchange market on the 25th, and closed at 159 yen 68 yen. While US Federal Reserve Director Bowman's view that “it is necessary to leave policy interest rates unchanged for a while” (lecture manuscript in London), dollar buying intensified in the wake of an unexpected positive shift in the Chicago Federal Bank US Activity Index in May. The 10-year bond yield rose from 4.20% to 4.25%. Meanwhile, the June consumer confidence index declined from the previous month even though the forecast was higher, but dollar sales became limited. After falling to 1.0691 dollars, the euro dollar rose to 1.0718 dollars and closed at 1.0712 dollars. There was a buyback of European currency when interest rates declined slightly in response to the smooth results of the US 2-year bond bidding.

NY crude oil futures fell for the 8-month period (NYMEX crude oil 8-month closing price: 80.83 ↓ 0.80).

■Stocks with the highest ADR growth rate (25th)

＜6857＞ Advantest $37.5 5987 yen (173 yen) +2.98%

＜8601＞ Daiwa Securities G Headquarters 7.76 dollars 1239 yen (32 yen) +2.65%

＜6146＞ Disco $38.3 61150 yen (1450 yen) +2.43%

＜7259＞ Aisin Seiki $33.72 5384 yen (111 yen) +2.11%

＜3659＞ Nexon 18.86 dollars 3011 yen (60 yen) +2.03%

■Stocks with lower ADR depreciation rate (25th)

＜7182＞ Japan Post Bank 8.45 dollars 1349 yen (-140.5 yen) -9.43%

＜8750＞ Dai-ichi Life HD 24 dollars 3832 yen (-366 yen) -8.72%

＜6178＞ Japan Post 9 dollars 1437 yen (-135.5 yen) -8.62%

＜8830＞ Sumitomo Real Estate 14 dollars 4470 yen (-243 yen) -5.16%

＜5020＞ ENEOS $10 798 yen (-34.4 yen) -4.13%

■Other ADR stocks (25th)

＜2914＞ Nippon Tobacco Company 14 dollars 4470 yen (-21 yen)

＜3382＞ Seven & I HD 12.23 dollars 1953 yen (-11.5 yen)

＜4063＞ Shin-Etsu Chemical 19.23 dollars 6141 yen (16 yen)

＜4502＞ Takeda Pharmaceutical 12.98 dollars 4145 yen (-31 yen)

＜4519＞ Chugai Pharmaceutical 17.58 dollars 5614 yen (-23 yen)

＜4543＞ Terumo 16.28 dollars 2599 yen (-0.5 yen)

＜4568＞ Daiichi Sankyo 34.98 dollars 5585 yen (27 yen)

＜4661＞ Orienland 28.32 dollars 4522 yen (18 yen)

＜4901＞ Fujifilm $11.59 3701 yen (-1 yen)

＜5108＞ Bridgestone $20.3 6482 yen (-8 yen)

＜6098＞ Recruit HD 10.43 dollars 8326 yen (18 yen)

＜6146＞ Disco 38.3 dollars 61150 yen (1450 yen)

＜6178＞ Japan Post 9 dollars 1437 yen (-135.5 yen)

＜6201＞ Toyota Industries $85.37 $13,630 yen (0 yen)

＜6273＞ SMC 23.94 dollars 76445 yen (185 yen)

＜6301＞ Komatsu Seisakusho 29.09 dollars 4645 yen (1 yen)

＜6367＞ Daikin Industries 14.43 dollars 23039 yen (19 yen)

＜6501＞ Hitachi, Ltd. $221, 17,642 yen (117 yen)

＜6503＞ Mitsubishi Electric 31.89 dollars 2546 yen (7 yen)

＜6594＞ Nidec $11.33 7236 yen (-55 yen)

＜6702＞ Fujitsu 15.27 dollars 2438 yen (11.5 yen)

＜6723＞ Renesas 9.48 dollars 3027 yen (49 yen)

＜6758＞ Sony $82.08 13105 yen (-65 yen)

＜6857＞ Advantest 37.5 dollars 5987 yen (173 yen)

＜6902＞ Denso 15.56 dollars 2484 yen (1.5 yen)

＜6954＞ FANUC $13.48 4304 yen (-19 yen)

＜6981＞ Murata Manufacturing 10.3 dollars 3289 yen (-11 yen)

＜7182＞ Japan Post Bank 8.45 dollars 1349 yen (-140.5 yen)

＜7203＞ Toyota Motor Corporation 206.22 dollars 3293 yen (-3 yen)

＜7267＞ Honda Motor 32.41 dollars 1725 yen (-5 yen)

＜7741＞ HOYA 118.39 dollars 18902 yen (97 yen)

＜7751＞ Canon 27.67 dollars 4418 yen (-17 yen)

＜7974＞ Nintendo 13.5 dollars 8622 yen (-10 yen)

＜8001＞ ITOCHU Corporation 95.21 dollars 7601 yen (-14 yen)

＜8002＞ Marubeni 185.67 dollars 2964 yen (-1 yen)

＜8031＞ Mitsui & Co., 936.31 dollars 7475 yen (29 yen)

＜8035＞ Tokyo Electric $109.41 34,937 yen (537 yen)

＜8053＞ Sumitomo Corporation 25 dollars 3992 yen (23 yen)

＜8058＞ Mitsubishi Corporation 19.75 dollars 3153 yen (-12 yen)

＜8306＞ Mitsubishi UFJFG 10.25 dollars 1637 yen (-4.5 yen)

＜8316＞ Sumitomo Mitsui Financial Group 12.98 dollars 10358 yen (8 yen)

＜8411＞ Mizuho Financial Services 4.09 dollars 3265 yen (0 yen)

＜8591＞ ORIX $110.05 3514 yen (2 yen)

＜8725＞ MS&AD Inci HD 21.03 dollars 3358 yen (-8 yen)

＜8766＞ Tokio Marine HD 36.27 dollars 5791 yen (11 yen)

＜8801＞ Mitsui Fudosan 27.4 dollars 1458 yen (-5.5 yen)

＜9432＞ NTT 23.58 dollars 151 yen (0.1 yen)

＜9433＞ KDDI 13.29 dollars 4244 yen (-16 yen)

＜9983＞ Fast Lite 25.67 dollars 40985 yen (95 yen)

＜9984＞ SoftBank G 31.65 dollars 10106 yen (168 yen)