[Nikkei Stock Average and TOPIX (Table)]
Nikkei Average ; 38241.35 ; -227.28
TOPIX ; 2742.03 ; -17.64
[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.
On the 30th, the Nikkei average fell by 227.28 yen to 38,241.35 yen from the previous day's close. In the US stock market on the 30th, the Dow Jones Industrial Average fell 49.41 points to 40,539.93 and the NASDAQ closed at 17,370.20, up 12.32 points. The buying continued after the opening due to good corporate earnings and rose. Amid the lack of momentum without the release of major economic indicators, the Dow turned lower due to selling pressure ahead of the Federal Open Market Committee (FOMC) meeting. The NASDAQ remained stable on strong expectations for major tech company earnings.
The Tokyo stock market was dominated by selling. In light of the significant rise in the Nikkei average by more than 800 yen yesterday, it was easy to see selling pressure waiting for an immediate rebound. In addition, some investors were reluctant to engage in aggressive buying as they wanted to see the results of tomorrow's Bank of Japan monetary policy meeting and the Federal Open Market Committee (FOMC) announcement to be released early on the morning of the 1st of next month, respectively.
On the other hand, major indices in the US stock market were mixed yesterday, but the market in Tokyo felt reassured by the calmness after the significant rise at the end of last week. In addition, the foreign exchange market saw the dollar rise and the yen fall by about 50 yen compared to around 3:00 pm yesterday, which gave investors in Tokyo confidence in export stocks. However, at the opening, selling prevailed.
The seasonally adjusted unemployment rate for June, released before the opening of trading, was 2.5%, down 0.1 percentage points from the previous month. The central market forecast compiled by QUICK was 2.6%. The seasonally adjusted job availability rate for June was 1.23, down 0.01 points from the previous month. The central market forecast compiled by QUICK was 1.24 times. Today, Heartseed 219A was listed on the Tokyo Growth Market.
Among the sectors, mining, oil and coal products, banking, securities, commodities, futures, insurance, etc. were the top decliners, while marine transportation and real estate were the top gainers.
In the top trading volume on the Tokyo Prime market, Shionogi & Co. , Komatsu, Osaka Gas Co. , Screen HD, Sekisui House, Rakuten Group, Chirudo, SoftBank G, Takeda Pharmaceutical Co. , Mizuho, Laser Tek, Sumitomo Mitsui, Mitsubishi UFJ, Canon, Sosei Group and Disco were down. On the other hand, NSK Ltd., Fanuc, Mitsubishi Electric, Sony Group, Asics, Nissan Motors, Recruit HD, Hitachi, Kawasaki Kisen, Chugai Pharmaceutical, Honda, Toyota, IHI and TDK were up.