[Nikkei Stock Average and TOPIX (Table)]
Nikkei Average: 39336.74; -257.65. TOPIX: 2820.38; -13.01. On the 24th, the Nikkei Average opened trading with a decline of 257.65 yen to 39336.74 yen, continuing its sixth consecutive fall. The previous day, the US stock market fell. The Dow Jones Industrial Average closed at 40358.09, down 57.35 dollars, and the Nasdaq closed at 17997.35, down 10.22 points. Ahead of the announcement of corporate earnings and amid cautious sentiment, the opening price was mixed. Also, adjustments continued to await important inflation and economic indicators scheduled to be announced this week, and buying based on strong earnings and expectations for interest rate cuts held firm, supporting a solidly steady market, but it turned to a decline toward the end of the day.
Today's Tokyo stock market opened with selling pressure. The fall of major indices in the US stock market yesterday weighed on the Tokyo market's stock prices. Of particular note, the Philadelphia Semiconductor Index (SOX) comprising major semiconductor-related stocks fell 1.46%, which was a larger decline than the Dow Jones Industrial Average (0.14% decline) and the Nasdaq Composite Index (0.06% decline), and became a factor that influenced the cautious buying of semiconductor-related stocks in the Tokyo market. In addition, the foreign exchange market saw a decline of about 50 yen in the dollar and an appreciation of the yen, with the dollar trading at around 155.80 yen at 3 pm yesterday, which was a further factor impeding the stock prices of export-related shares, among others. On the other hand, the Nikkei Average had fallen more than 1,600 yen for the past five days, making it easier for buyers waiting for a dip to enter the market. The expectation of the financial results of the first quarter of March for companies reporting earnings mainly from the latter half of this week continued to be a factor supporting stock prices, but the selling pressure was dominant at the opening.
[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 2023, the company's overall sales volume of 18,000 kiloliters, +28.10% year-on-year, significant growth. Product structure, 10-30 billion yuan products operating income of 401/1288/60 million yuan respectively.
The weather is good today The weather is good today.
In terms of sectors, chemicals, mining, securities futures, machinery and non-ferrous metals were among the top decliners, while oil and coal products rose. On the sell side of the Tokyo Stock Exchange's prime securities, Mitsubishi Motors <7211>, Asics <7936>, Sociomatch <6526>, Disco <6146>, Daiichi Life Holdings <8750>, First Retail <9983>, Daikin <6367>, Denso <6902>, Shin-Etsu Chemical <4063>, Mazda <7261>, Panasonic <6752>, Hitachi <6501>, and Nissan Motor <7201> were among the decliners, while Nidec <6594>, Toyota <7203>, Kawasaki Shipbuilding <9107>, NYK (Nippon Yusen) <9101>, SoftBank Group <9984>, Sumitomo Mitsui Financial Group <8316>, Chugai Pharmaceutical <4519>, Mitsubishi Heavy Industries <7011>, and Mitsubishi Corporation <8058> were rising.