At the closing time on the 26th, there were 168 stocks that rose, 57 stocks that fell, and 0 stocks that remained unchanged among the constituent stocks in the Nikkei Average.
The Nikkei average rebounded for the first time in 8 days and ended the morning session at 38,057.61 yen (+0.50%) up 188.10 yen from the previous day (with an approximate trading volume of 920 million shares).
The U.S. stock market on the 25th was mixed. The Dow Jones Industrial Average rose 81.20 dollars (+0.20%) to 39,935.07 dollars, the Nasdaq fell 160.68 points (-0.93%) to 17,181.73, and the S&P 500 fell 27.91 points (-0.51%) to 5,399.22 at the end of the trading day. Risk aversion remained strong, and the market opened mixed. However, due to the better-than-expected growth in domestic gross domestic product (GDP) and consumption in the April-June quarter, the pessimistic view of the economy retreated and buying back prices regained the positive territory. However, pre-closing sales ahead of the release of important inflation indicators capped the upside, and the Nasdaq lost steam due to weakness in high-tech stocks, ending mixed.
Although the Dow rose, the Tokyo market started trading with a predominance of selling as U.S. high-tech stocks continued to be weak. The Nikkei average widened its loss to 37,668.93 yen at one point, but bounced back to the 38,000 yen range after the selling spree. It is reported that it was reassuring that the exchange rate was about 2 yen cheaper against the dollar than at 5:00 pm the previous day, at around 153.80 yen per dollar, and that overseas U.S. futures were trading in the positive territory.
In selected Nikkei average stocks, Hino Motors <7205>, Fujitsu <6702>, Canon <7751>, and Tokuyama <4043> were the most bought in anticipation of good results, as well as defense-related stocks such as IHI <7013> and Mitsubishi Heavy Industries <7011>. Nippon Shinyaku <4519>, SUMCO <3436>, Hitachi <6501>, Teijin <3401>, and Fanuc <6954> were also bought.
On the other hand, some semiconductor stocks such as Renesas Electronics <6723>, Laser Tech <6920>, Tokyo Electron Ltd. <8035>, and Advantest <6857> were sold under pressure from the Nasdaq decline, as well as auto-related stocks such as Nissan <7201>, Toyota <7203>, and Isuzu <7202>. In addition, Nippon Steel <5401>, Kao <4452>, and Kikkoman <2801> were sold.
In terms of industry types, petroleum and coal products, metal products, machinery, banking, and mining rose, while transportation equipment, fisheries and agriculture, air transportation, electric and gas utilities, and services fell.
First Retail <9983> was the top contributor to the gain, raising the Nikkei Average by about 83 yen with one stock. The second highest was Shin-Etsu Chemical <4063>, followed by Chugai Pharmaceutical <4519>, TDK <6762>, Canon <7751>, Fanuc <6954>, and Daikin <6367>.
Toshiba Electronic <8035> was the top contributor to the decline, pushing down the Nikkei Average by about 65 yen with one stock. The second highest was Advantest <6857>, followed by Recruit HD <6098>, Daiichi Sankyo <4568>, Toyota <7203>, Laser Tech <6920>, and Softbank G <9984>.
*As of 11:30.
Nikkei Average Stock Price 38,057.61 (+188.10)
Number of rising stocks 168 (contribution +370.17)
Number of declining stocks 57 (contribution -182.07)
Number of unchanged stocks 0
○ Top advancing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
<9983> First Retail 40,980 850 83.36
<4063> Shin-Etsu Chemical 6389 159 25.99
<4519> Chugai Pharmaceutical 6277 251 24.62
<6762> TDK 9724 183 17.95
<7751> Canon 4692 359 17.60
<6954> Fanuc 4135 105 17.16
Daikin Industries, Ltd. unsponsored adr (6367) 21980 295 9.64
Fujitsu (6702) 2692 256 8.37
NTT DATA CORPORATION (9613) 2350 51 8.25
Nitto Denko Corp. (6988) 12910 185 6.05
Mitsubishi Corporation (8058) 3157 60 5.88
Eisai Co., Ltd. (4523) 6740 141 4.61
Trend micro incorporated (4704) 7319 141 4.61
Seiko Epson Corp. unsponsored adr (6724) 2604 62 4.05
Astellas Pharma Inc. (4503) 1688 24 3.92
SMC Corporation (6273) 71210 1200 3.92
Taiyo Yuden Co., Ltd. (6976) 4471 119 3.89
Honda Motor Co., Ltd. (7267) 1605 20 3.82
Asahi Group Holdings, Ltd. (2502) 5736 107 3.50
Yaskawa Electric Corporation (6506) 5115 102 3.33
Top decreasing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
Toshiba Electronic Devices & Storage Corporation (formerly Toshiba Corp.) (8035) 28345 -665 -65.22
Advantest Corporation (6857) 5614 -94 -24.58
Recruit Holdings Co., Ltd. (6098) 8134 -141 -13.83
Daiichi Sankyo Co., Ltd. (4568) 5656 -140 -13.73
Toyota Motor Corporation (7203) 2945 -75.5 -12.34
Laser Tech Corporation (6920) 25830 -910 -11.90
Softbank Group Corp. <9984> 9306 -59 -11.57
Renesas Electronics Corp. <6723> 2440 -143.5 -4.69
KDDI Corporation <9433> 4535 -19 -3.73
Kikkoman Corporation <2801> 1919 -15 -2.45
Konami Corporation <9766> 11405 -60 -1.96
Kao Corporation <4452> 6679 -52 -1.70
Sony Group Corp <6758> 13365 -50 -1.63
Ajnomoto Co. Inc. <2802> 6148 -47 -1.54
Tokio Marine Holdings Inc. <8766> 5677 -19 -0.93
Yamaha Motor Co. Ltd. <7272> 1371 -9 -0.88
Sosei Group Corporation <6526> 3047 -25 -0.82
Dai Nippon Printing Co. Ltd. <7912> 4888 -47 -0.77
Japan Airlines Co. Ltd. <9201> 2445 -20.5 -0.67
Japan Exchange Group Inc. <8697> 3663 -20 -0.65