At the closing point 2 days ago, there were 7 stocks that saw an increase in value and 218 stocks that saw a decrease in value, with 0 stocks remaining unchanged in the Nikkei average stock composition. In terms of the products structure, operating income for products worth between 10 and 30 billion yuan were 401/1288/60 million yuan, respectively.
Nikkei Average fell sharply. It ended the morning session at 36,261.85 yen (estimated trading volume of 1.504 billion shares) down 1864.48 yen (-4.89%) from the previous day.
The US stock market fell sharply on the first day of the month. The Dow Jones fell 494.82 dollars (-1.21%) to 40,347.97 dollars, the Nasdaq fell 405.26 points (-2.30%) to 17,194.14, and the S&P500 fell 75.62 points (-1.37%) to 5,446.68 at the end of trading. The buying expectations triggered by the interest rate cut continued to rise and went up in the opening hours. Later on, as concerns over rapid economic deterioration increased due to factors such as the number of jobless benefit applications reached the highest level in a year and the unexpected decline in the ISM manufacturing business conditions index, the selling accelerated, and the market turned downward. Caution ahead of major high-tech corporate earnings also weighed on the market, keeping it weak throughout the day and expanding the decline towards the end.
Influenced by the drop in US stocks and the appreciation of the yen in the exchange market, the Tokyo market began trading with a seller's advantage. The SOX index, a Philadelphia Semiconductor Stock Index, fell more than 7% from the previous day, causing a sharp drop in semiconductor stocks, and led the Nikkei Average to fall below the 37,000 yen level. The selling pressure began and resulted in the Nikkei Average dropping by over 2,000 yen at one point. In the Prime Market's morning session, the value of transactions reached 3.3 trillion yen and business expanded. It became an all-round decline as 97% of the issues fell. Securities stocks such as Daiwa Securities Group headquarters <8601> and Nomura Holdings <8604> and semiconductor stocks such as Screen HD <7735>, Tokyo Electron <8035>, Socionext <6526>, SUMCO <3436>, Laser Tech <6920>, and Advantest <6857> fell sharply too. In addition, a wide range of stocks such as MitsukoshiIsetan <3099>, Mitsui & Co. <8031>, Ebara Corporation <6361>, Mitsui Chemicals <4183>, Nippon Steel <5631>, Mitsubishi Heavy Industries <7011>, Mitsubishi UFJ <8306>, and Hitachi <6501> were sold.
In the Nikkei Stock Average adopted stocks, securities, such as Daiwa Securities Group headquarters <8601> and Nomura Holdings <8604> became sharp declines due to deteriorating stock market conditions, and semiconductor stocks such as Screen HD <7735>, Tokyo Electron <8035>, Socionext <6526>, SUMCO <3436>, Laser Tech <6920>, and Advantest <6857> also fell sharply. In addition, a wide range of stocks such as MitsukoshiIsetan <3099>, Mitsui & Co. <8031>, Ebara Corporation <6361>, Mitsui Chemicals <4183>, Nippon Steel <5631>, Mitsubishi Heavy Industries <7011>, Mitsubishi UFJ <8306>, and Hitachi <6501> were sold. Only these seven stocks rose in the Nikkei Stock Average adopted stocks.
On the other hand, Japan Ham <2282>, which had higher-than-expected first-quarter results, and Konami Group <9766>, Sumitomo Electric Industry <5802>, and Nippon Steel <5401>, which were considered to have good performance, also rose. In addition, Astellas Pharma <4503>, Kyowa Kirin <4151>, and Tokyo Gas <9531> rose. Note that only these seven stocks rose among the Nikkei Stock Average adopted stocks.
In all industries that were sold, securities/commodity futures trading, insurance, banking, electric appliances, and mining were among those that declined significantly.
The top contributors to the decrease in value were Tokyo Electron <8035>, which reduced the Nikkei average by about 343 yen with one stock decrease. Advantest <6857> was in second place, followed by SoftBank G <9984>, TDK <6762>, Shin-Etsu Chemical <4063>, Fast Retailing <9983>, and Recruit Holdings <6098>.
On the other hand, Konami Holdings <9766> was the top contributor to an increase in value, pushing the Nikkei average up by about 21 yen with one stock increase. Nippon Ham <2282> was in second place, followed by Astellas Pharma <4503>, Sumitomo Electric Industries <5802>, Kyowa Kirin <4151>, Tokyo Gas <9531>, and Nippon Steel <5401>.
*As of 11:30.
Nikkei Average Stock Price: 36261.85 (-1864.48)
Number of stocks that saw an increase in value: 7 (contribution degree +31.09)
Number of stocks that saw a decrease in value: 218 (contribution degree -1895.57)
Number of unchanged stocks 0
○ Top advancing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
<9766> Konami Holdings 11760 655 21.41
<2282> Nippon Ham 5090 367 6.00
<4503> Astellas Pharma 1726 12 1.88
<5802> Sumitomo Electric Industries 2255 35 1.14
<4151> Kyowa Kirin 3126 9 0.29
<9531> Tokyo Gas 3171 33 0.22
<5401> Nippon Steel 3239 47 0.15
Top decreasing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
<8035> Tokyo Electron 27235 -3505 -343.75
<6857> Advantest 6270 -593 -155.09
<9984> SoftBank Group 7979 -576 -112.98
<6762> TDK 9330 -855 -83.85
<4063> Shin-Etsu Chemical 6059 -427 -69.80
<9983> Fast Retailing 40520 -580 -56.88
<6098> Recruit Holdings 7958 -473 -46.39
<4543> Terumo 2534 -152 -39.75
<6367> Daikin Industries, Ltd. sponsored adr 20100 -1140 -37.27
<6971> Kyocera Corporation sponsored adr 1713 -131 -34.26
<6954> Fanuc Corp 4110 -206 -33.67
<6920> LaserTech 23075 -2265 -29.62
<6988> Nitto Denko Corporation 11510 -755 -24.68
<6758> Sony Group Corp 12350 -735 -24.03
<9613> NTT Data Group 2172 -145 -23.70
<8766> Tokyo Marine Holdings, Inc. 5158 -460 -22.56
<8031> Mitsui & Co., Ltd. 3070 -329 -21.51
<4901> Fujifilm Holdings Corporation 3242 -186 -18.24
<4568> Daiichi Sankyo Co., Ltd. 5616 -184 -18.05
<7735> SCREEN Holdings Co., Ltd. 10650 -1365 -17.85