[Nikkei Stock Average and TOPIX (Table)]
Nikkei average; 37792.87; -76.64 TOPIX; 2705.21; -4.65 On the 26th, the Nikkei average started trading with a fall of 76.64 yen to 37,792.87 yen, which continued its 8th consecutive decline. The US stock market on the previous day, the 25th, was mixed. The Dow Jones Industrial Average ended at 39,935.07, up 81.20 dollars, and the Nasdaq ended at 17,181.73, down 160.69 points. The caution about risks was strong. It was mixed after the opening bell. However, the pessimistic view on the economy, which had retreated due to higher-than-expected growth in domestic gross domestic product (GDP) and consumption in April-June, led to buyback and the market recovered into the positive territory. However, selling to close positions ahead of the publication of important inflation indicators suppressed the upside, and the Nasdaq composite index turned to decline as high tech weakened and lost its momentum in the final stages.
Today, selling dominated the Tokyo stock market. Although the Dow Jones Industrial Average rose in the US stock market yesterday, the weight of high-tech stocks, such as the Nasdaq composite index and the Philadelphia Semiconductor Stock Index (SOX Index), which is composed of major semiconductor-related stocks, has weighed on high-tech stocks and semiconductor-related stocks in the Tokyo market. The US Federal Reserve (FRB) will announce the US personal consumption expenditure (PCE) price index, which the FRB considers important, tonight in the United States, and important events such as the Bank of Japan monetary policy decision meeting and the Federal Open Market Committee (FOMC) will be held next week, so some investors are cautious about buying in order to assess the situation of these events. On the other hand, the rise in the Dow Jones Industrial Average in the US stock market yesterday supported the Tokyo market stock prices. In addition, the Nikkei average fell for the seventh consecutive day until yesterday, with a drop of over 3,400 yen, making it easier for bargain hunters to enter the market. Furthermore, the fact that the forex market stood at around 153.40 yen to the dollar, indicating a slight slowdown in the recent trend of yen appreciation and dollar depreciation, has also become a source of reassurance in the stock market. However, selling was dominant at the start of trading. In addition, the July Tokyo metropolitan area consumer price index (CPI, mid-term preliminary value), which was released before the start of trading, showed a 2.2% increase in the comprehensive index excluding fresh food compared to the same month last year. The median market forecast compiled by QUICK was also for a 2.2% increase.
[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.
Please use your Futubull account to access the feature.
In today's Tokyo stock market, selling took the lead. Although the Dow Jones Industrial Average rose in the US stock market yesterday, the weight of high-tech stocks, such as the Nasdaq composite index and the Philadelphia Semiconductor Stock Index (SOX Index), which is composed of major semiconductor-related stocks, has weighed on high-tech stocks and semiconductor-related stocks in the Tokyo market. In addition, important events such as the announcement of the US personal consumption expenditure (PCE) price index, which FRB considers to be important and is scheduled for tonight in the United States, and important events such as the Bank of Japan monetary policy decision meeting and the Federal Open Market Committee (FOMC) next week, have made some investors cautious about buying and wanting to assess the situation of these events. On the other hand, the rise in the Dow Jones Industrial Average in the US stock market yesterday supported the Tokyo market stock prices. Moreover, since the Nikkei average fell for seven consecutive days until yesterday, experiencing a drop of over 3,400 yen, it was easier for bargain hunters to enter the market. Additionally, the forex market has been showing a slight slowdown in the recent trend of yen appreciation and dollar depreciation, standing at around 153.40 yen to the dollar. This has also become a source of reassurance in the stock market. However, at the opening bell, selling was dominant. In addition, the insurance industry, transportation equipment, marine transportation, securities commodity futures, and service industries were among the top decliners in the sector, while metal products, pulp and paper, fisheries and forestry, textiles and apparel, and information and communication industries were among the top gainers. Among the top trading values in the TSE prime market, Renesas <6723>, Kokusai <6525>, Dai-ichi Life Holdings <8750>, Asics <7936>, Tokyo Marine <8766>, Recruit Holdings <6098>, Nissan Motor <7201>, Daiichi Sankyo <4568>, Tohoku Electric Power <8035>, MS & AD Insurance <8725>, and Laser Tech <6920> fell. On the other hand, Fujitsu <6702>, Canon <7751>, Chugai Pharmaceutical <4519>, SUMCO <3436>, Fuji Electric <6504>, Fanuc <6954>, Honda Motor <7267>, Taiyo Yuden <6976>, First Retailing <9983>, Mitsubishi Heavy Industries <7011>, Nidec <6594>, Misubishi Shoji <8058>, and Shin-Etsu Chemical <4063> rose.
In the sector, the insurance industry, transportation equipment, marine transportation, securities commodity futures, and service industries were among the top decliners, while metal products, pulp and paper, fisheries and forestry, textiles and apparel, and information and communication industries were among the top gainers. Among the top trading values in the TSE prime market, Renesas <6723>, Kokusai <6525>, Dai-ichi Life Holdings <8750>, Asics <7936>, Tokyo Marine <8766>, Recruit Holdings <6098>, Nissan Motor <7201>, Daiichi Sankyo <4568>, Tohoku Electric Power <8035>, MS & AD Insurance <8725>, and Laser Tech <6920> fell. On the other hand, Fujitsu <6702>, Canon <7751>, Chugai Pharmaceutical <4519>, SUMCO <3436>, Fuji Electric <6504>, Fanuc Corp <6954>, Honda Motor <7267>, Taiyo Yuden <6976>, Fast Retailing <9983>, Mitsubishi Heavy Industries <7011>, Nidec Corporation Sponsored ADR <6594>, Mitsubishi Shoji <8058>, and Shin-Etsu Chemical <4063> rose.