[Nikkei Stock Average and TOPIX (Table)]
Nikkei average; 40521.71; -575.98 TOPIX; 2881.05; -34.16 On the 18th, the Nikkei average fell by 575.98 yen to open trading at 40521.71 yen, continuing its decline. On the previous day, the Dow Jones Industrial Average closed at 41,198.08, up 243.60, while the Nasdaq closed at 17,996.93, down 512.41 points. After opening, the market was mixed due to uncertainty about the timing of the interest rate cut. Dow rose sharply due to buy expectations due to an increased number of housing starts exceeding estimates, and continued to stay strong all day, updating an all-time high for several consecutive days. Conversely, Nasdaq suffered a sharp decline as semiconductor-related stocks were sold off.
Today, the Tokyo stock market started off with selling. While the Dow average rose in the US stock market yesterday, the Nasdaq Composite Index, which has a high ratio of high-tech stocks, fell by 2.7%, and the Philadelphia Semiconductor Stock Index, which is composed of major semiconductor-related brands, fell by 6.8%. This weighed heavily on the stock prices of high-tech and semiconductor-related stocks in the Tokyo market. In addition, the foreign exchange market saw 1 dollar = 155.60 yen, showing a high value of the yen and a low value of the US dollar compared to around 3pm yesterday, which became a factor of buying restraint for export-oriented stocks in the Tokyo market. Furthermore, the Nikkei average remained cautious about short-term high price vigilance, making it easier to sell for profit taking. On the other hand, the fact that the Dow Jones Industrial Average rose for the sixth consecutive day in the US stock market yesterday supported the stock prices in the Tokyo market. Also, the fact that the long-term interest rates in the US were remaining weak became a source of reassurance for the Tokyo market. However, at the opening, selling was dominant. Also, the trade surplus for June, announced before the opening of the market, was 224 billion yen. This was a black surplus, while the median of private-sector predictions compiled by QUICK was a deficit of 244 billion yen. Today, Kados Corporation <211A> was listed on the Tokyo Stock Exchange.
[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.
In the sector breakdown, transportation equipment, electric appliances, machinery, precision instruments, metal products, etc. had a high rate of decline, while mining, electric and gas utilities, marine transportation, oil and coal products, pulp and paper were at the top of the increase in rate. Among the most active stocks on the Tokyo Stock Exchange Prime Board, Disco<6146>, Screen HD<7735>, Tohoku Electric<8035>, Renesas<6723>, Laser Tech<6920>, TOWA<6315>, Socionext<6526>, Advantest<6857>, SoftBank G<9984>, Mitsui E&S<7003>, HOYA<7741>, Hitachi<6501>, etc. fell. On the other hand, Nitori HD<9843>, Mercari<4385>, INPEX<1605>, and Mitsubishi UFJ<8306> rose.
23-year company-wide sales volume reached 18,000 kiloliters, a significant increase of +28.10% YoY. On the product structure, products with operating income of 10-30 billion yuan amounted to 4.01/12.88/0.06 billion yuan respectively.
The weather is good today The weather is good today.