[Nikkei Stock Average and TOPIX (Table)]
Nikkei average; 41366.79; + 176.11 TOPIX; 2905.76; + 11.20 On the 16th, the Nikkei average rebounded by 176.11 yen to start trading at 41366.79 yen. On the previous week's US stock market on the 12th before the Tokyo market's three-day holiday, the Dow Jones rose by 247.15 dollars and the Nasdaq rose by 115.04 points. Although the June producers' price index (PPI) exceeded expectations, the unexpected decline in the University of Michigan's consumer confidence index and expected inflation rates strengthened expectations for a significant rate cut and pushed up stock prices. On the 15th yesterday, the Dow Jones average was 210.82 dollars higher and the Nasdaq was 74.12 points higher. Following reports that Republican presidential candidate Trump was dominant after the attempted assassination, expectations for policies such as deregulation supported stock prices.
In today's Tokyo stock market, buying was the focus. During the Tokyo market's three-day holiday, the major indexes remained strong on the US stock market on the 12th and 15th with the Dow Jones rising more than 450 dollars and the Nasdaq rising nearly 190 points, supporting Tokyo market stock prices. In addition, the fact that long-term US interest rates have stabilized in overseas markets has also provided a sense of security for the Tokyo market. Furthermore, the Nikkei average fell more than 1,000 yen on the 12th of last weekend, making it easier to buy on dips. On the other hand, in the foreign exchange market, the dollar was traded at around 158.20 yen, a drop of about 80 yen compared to around 3:00 p.m. on the 12th of last weekend, which weighed on export stocks in the Tokyo market. In addition, although the Nikkei average fell significantly last weekend, there is still a short-term cautiousness about high prices, and some investors withheld active buying, but at the opening stage buying was dominant.
[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 16th, the Nikkei average rebounded by 176.11 yen to start trading at 41366.79 yen.
In today's Tokyo stock market, buying was the focus. During the Tokyo market's three-day holiday, the major indexes remained strong on the US stock market on the 12th and 15th with the Dow Jones rising more than 450 dollars and the Nasdaq rising nearly 190 points, supporting Tokyo market stock prices. In addition, the fact that long-term US interest rates have stabilized in overseas markets has also provided a sense of security for the Tokyo market. Furthermore, the Nikkei average fell more than 1,000 yen on the 12th of last weekend, making it easier to buy on dips. On the other hand, in the foreign exchange market, the dollar was traded at around 158.20 yen, a drop of about 80 yen compared to around 3:00 p.m. on the 12th of last weekend, which weighed on export stocks in the Tokyo market. In addition, although the Nikkei average fell significantly last weekend, there is still a short-term cautiousness about high prices, and some investors withheld active buying, but at the opening stage buying was dominant. The insurance industry, oil and coal products, mining, marine transportation, and securities and futures products are among the industries with the highest rate of increase, while the electric and gas industry, rubber products, retail trade, textiles and apparels, and pharmaceuticals are among the industries with the highest rate of decline. In the Tokyo stock market on the TOPIX prime board, Taiyo Yuden <6976>, Mitsubishi Heavy Industries <7011>, Sansan <4443>, IHI <7013>, Kawasaki Heavy Industries <7012>, Fanuc Corp <6954>, Murata Manufacturing <6981>, BayCurrent Consulting <6532>, TDK <6762>, Dai-ichi Life HD <8750>, MS & AD <8725>, Inpex <1605>, Daiichi Sankyo <4568>, Renesas <6723> and others are rising. On the other hand, SHIFT <3697>, AEON <8267>, Lohaco <6323>, Chugai Pharmaceutical <4519>, Takeda Pharmaceutical <4502>, Sosei Next <6526>, Daikin <6367>, Toenec <1946>, First Retailing <9983>, Sony Group Corp <6758>, Nintendo Co., Ltd. <7974> and others are declining.
In terms of sectors, the insurance industry, oil and coal products, mining, marine transportation, and securities and futures products are among the industries with the highest rate of increase, while the electric and gas industry, rubber products, retail trade, textiles and apparels, and pharmaceuticals are among the industries with the highest rate of decline. In the Tokyo Stock Exchange Prime Board, Taiyo Yuden <6976>, Mitsubishi Heavy Industries <7011>, Sansan <4443>, IHI <7013>, Kawasaki Heavy Industries <7012>, Fanuc Corp <6954>, Murata Manufacturing <6981>, BayCurrent Consulting <6532>, TDK <6762>, Dai-ichi Life HD <8750>, MS & AD <8725>, Inpex <1605>, Daiichi Sankyo <4568>, Renesas <6723> and others are rising, while SHIFT <3697>, AEON <8267>, Lohaco <6323>, Chugai Pharmaceutical <4519>, Takeda Pharmaceutical <4502>, Sosei Next <6526>, Daikin <6367>, Toenec <1946>, First Retailing <9983>, Sony Group Corp <6758>, and Nintendo Co., Ltd. <7974> are declining.