[Nikkei Stock Average and TOPIX (Table)]
Nikkei Average: 39364.73, +191.58 points.
TOPIX: 2794.02, +6.65 points.
[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.
On the 26th, the Nikkei Average opened for trading with an increase of 191.58 yen to 39,364.73 yen, rising for the third consecutive day. On the previous day of the 25th, the US stock market was mixed. The Dow Jones Industrial Average closed at 39,112.16, down 299.05 dollars, and the Nasdaq Composite Index rose 220.84 points to 17,717.65. The opening was mixed. The cautiousness of the outlook for the economy following the decline in the June consumer confidence index and the stance of Federal Reserve officials who had been reluctant to lower interest rates one after another weighed on the market. The rebound of the semiconductor company Nvidia supported investor sentiment, and buying also entered semiconductor and artificial intelligence (AI) stocks, and the Nasdaq rose. Nvidia had fallen more than 10% from its recent high and entered an adjustment phase, but there seemed to be also a sense of value in it.
Buying prevailed in the Tokyo stock market today. Although the Dow Jones Industrial Average fell in the US stock market yesterday, the Philadelphia Semiconductor Index (SOX) and the Nasdaq Composite Index, which are composed of major semiconductor-related stocks with a high ratio of high-tech stocks, rebounded for the first time in 4 days, supporting the stock prices of export and semiconductor-related stocks in the Tokyo market. In addition, the foreign exchange market has been stable at a level of 1 dollar = 159.60 yen, which is a low-yen and high-dollar level, which has also become a sense of security in the stock market. On the other hand, the decline of the Dow Jones Industrial Average in the US stock market yesterday was a burden on the Tokyo stock market. In addition, the possibility of geopolitical risks in the Middle East, political instability in Europe, and intervention in exchange rates are still being watched, and there are voices that refrained from active buying. Furthermore, the Nikkei Average has risen more than 570 yen in the past two days, approaching the 39,300 yen range, which is the upper limit of the sideways trend since May, so there is a view that there is not much short-term upside potential from here, but buying was dominant at the opening.
In terms of sectors, pharmaceuticals, services, futures for securities and commodities, electric appliances and banks were among the top gainers, while steel, marine transportation, rubber products, air transportation and wholesale trade were among the top losers. In the top trading value of the TSE Prime, Advantest <6857>, Disco <6146>, Asics <7936>, Rakuten Group <4755>, Chugai Pharmaceutical <4519>, Softbank G <9984>, Daiichi Sankyo <4568>, Toshiba <8035>, Laser Tech <6920>, Renesas <6723>, NEC <6701>, Sumitomo Mitsui <8316>, Recruit HD <6098> rose. On the other hand, Monogatari Corp. <3097>, Mitsubishi Shoji <8058>, Daikin <6367>, KDDI <9433>, Toyota <7203>, Hitachi <6501>, Bridgestone Corp. <5108>, Kawasaki Kisen <9107>, JT <2914>, Fast Retailing <9983>, Tokio Marine <8766>, Murata Manufacturing <6981>, and IHI Corp. <7013> declined.