In the morning of the 19th, there are three points that deserve attention when it comes to trade.
Looking for a dip in high-tech stocks after a rotation pause.
Disco's first quarter operating profit was up 96.7% to 33.3 billion yen.
Main Topics in the First Half: Nippon Paper Industries Enters Oil-Resistant Paper for Food Packaging with Safe Considerations without PFAS.
Looking for a dip in high-tech stocks after a rotation pause.
On the 19th, in the unstable market, there is a move to find a dip. On the 18th of the US market, the Dow Jones Industrial Average fell 533 dollars and the Nasdaq fell 125 points. Employment and manufacturing-related indicators exceeded expectations, and there was a trend to realize profits in stocks sensitive to the economy, which had been rising strongly. The settlement value of Chicago Nikkei 225 futures was 40,055 yen, 185 yen lower than Osaka. The yen exchange rate is moving around 1 US dollar 157.20 yen.
It is likely to start with selling ahead of selling pressure in the form of moving closer to Chicago futures. The Nikkei 225 futures were sold to 39,870 yen in the night session and are below the milestone of 0.04 million yen. As it has fallen to the 25-day line level that is conscious as a support line, it may be a good idea to judge whether the first adjustment round is conscious or not. In the United States, there has been a profit-taking movements in stocks sensitive to the economy that has been rising strongly daily, and the movement of rotation has slowed down. If there is a move to aim for the dip in high-tech stocks that have been undergoing significant adjustments, it is likely to contribute to the stability of the Nikkei Stock Average.
The 25-day line of the Nikkei Stock Average is located around 39,950 yen, so first you want to determine if the same line functions as a support line. It is thought that there is a move that aims to sell below the 25-day line as a short-term strategy, but let us try to aim for the stance of aiming at a dip. However, today, around noon, the nomination acceptance speech by former President Trump is scheduled to be held. Since the attempted assassination incident, Trump's momentum has been increasing while there has been a movement to withdraw support from President Biden. It is also an area where a cautious attitude can be increased as Trump's remarks are expected to have a significant impact on the market.
Therefore, we want to determine the content of the nomination acceptance speech and the afternoon is likely to be a rough price movement. Although there is no aggressive pursuit of the upward trend as a search, short-term rebalancing to significantly declining high-tech stocks is expected due to the slowdown in rotation. In addition, let us aim for short-term value-taking movements in small and medium-sized companies that avoid the impact of trading related to indexes.
Disco's first quarter operating profit was up 96.7% to 33.3 billion yen.
On the first quarter of the fiscal year ending in March 2025, Disco (6146) announced that revenue was ¥82.799 billion, up 53.4% from the same period last year, and operating profit was ¥33.376 billion, up 96.7%. There was a sluggish investment in equipment for smartphone and PC semiconductors, but there was an active investment in specific applications such as expanding demand for generating AI-related equipment. Shipments of precision processing devices remained strong, centered on high-value-added products, and demand for precision processing tools, which are consumables, continued to be at a high level in line with customer equipment operating rates.
Materials of concern in the morning session
1 dollar =157.20-30 yen
The SOX index rose (5436.42, +27.71).
Expectations for inflation to ease in the US.
Request for improvement in corporate value by the Tokyo Stock Exchange.
Nippon Paper Industries entered the oil-resistant paper for food packaging with safe considerations without using PFAS.
Panasonic HD's refrigerated and refrigerated case performance verification and laboratory renewal at the Gunma base.
ANA HD, SoftBank, and industry-specific customer service AI development in partnership with BroaderthDy to solve labor shortages.
Inoue Agricultural Machinery and Yanmar expand collaboration in small domestic agriculture machinery.
Toyota Tsusho, a major industrial gas company in Germany and a new green hydrogen company in Europe.
Nissan lost the reversal and was taxed an additional 5 billion yen over tax avoidance.
Univance aims to decarbonize the pre-painting process by adopting plasma degreasing method.
Honda launches new FCV today, equipped with plug-in.
Hakuhodo DYHD, jointly invested with Mitsubishi Motors in offering new outdoor experiences.
Takuma introduces remote system into garbage incinerator center in Chita, Aichi.
Taiyo Yuden <6976> starts mass production of small inductors for wearable devices.
Mitsui Fudosan <8801>, Kyushu University, Kikuyo-cho in Kumamoto to verify the health and economic value to the residents and the effect of sports.
Sumitomo Chemical <4005> opens a dedicated website to connect buyers and sellers of natural materials.
Hokuriku Electric Power <9505> to create demand for daytime power by resolving output control.
Tokyu Real Estate Holdings <3289> opens commercial area, promotes information dissemination and exchange opportunities for Shibuya's complex facilities.
Soracom <147A> promotes construction site efficiency with Daiwa House Construction and web cameras.
☆ Schedule of events in the morning session
8:30 June national consumer price core index (YoY forecast: +2.7%, May: +2.5%).
Not applicable.