ADR (American Depositary Receipt) Japanese stocks were generally sold, including Yucho Bank <7182>, Daikin Industries <6367>, Japan Post <6178>, Recruit HD <6098>, Murata Manufacturing <6981>, Mitsubishi Electric <6503>, and Toyota Industries <6201>, with a total sales volume of 18,000 kiloliters in 2023, up 28.10% year-on-year. In terms of product structure, the operating income of products worth 10-30 billion yuan is 401/1288/60 million yuan, respectively. Chicago Nikkei 225 futures settlement price closed at 33,605 yen, down 635 yen from Osaka daytime trading compared to the Tokyo stock exchange conversion rate of 1 dollar to 144.51 yen.
The US stock market rebounded, with the Dow Jones average closing at 38,997.66, up 294.39 points, and the Nasdaq closing at 16,366.86, up 166.78 points. Yesterday's sell-off was considered too much, prompting bargain hunting. After the opening, the market rose. Concerns about a severe economic downturn eased, improving investor sentiment. In addition, Caterpillar (CAT) and other major companies have received optimistic financial estimates, and the market was dominated by buybacks all day. High-tech stocks were also bought and rose rapidly. Although it weakened at the end, the market closed in positive territory.
In the New York foreign exchange market on the 6th, the dollar-yen rate fell to 144.05 yen before rising to 145.40 yen, closing at 144.67 yen. Although the June US trade deficit narrowed compared to the previous month, financial estimates exceeded expectations, leading to a stronger yen. However, concerns about a severe economic downturn in the market eased, causing long-term interest rates to rise and leading to a stronger dollar buyback. Safe-haven yen buying also weakened. The euro-dollar exchange rate fell to 1.0904 dollars before rising to 1.0935 dollars and closing at 1.0931 dollars.
NY crude oil futures for September rose slightly (NYMEX crude oil September futures closing price: 73.20, up 0.26).
ADR top risers (6th)
Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate
<8766> Tokio Marine Holdings, $33.71, 4871 yen (+171 yen), up 3.64%
<8113> Unicharm, $7.21, 5210 yen (+174 yen), up 3.46%
<9503> Kansai Electric Power, $8.72, 2520 yen (+71.5 yen), up 2.92%
<8316> Mitsui Sumitomo Financial Group, $11.38, 8223 yen (+223 yen), up 2.79%
<8411> Mizuho Financial Group, $3.69, 2666 yen (+69.5 yen), up 2.68%
ADR top losers (6th)
Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate
<7182> Japan Post Bank, $8.2, 1185 yen (-175.5 yen), down 12.9%
<8750> Dai-ichi Life Holdings, $22.2, 3208 yen (-386 yen), down 10.74%
<6367> Daikin Industries, $12.1, 17486 yen (-1614 yen), down 8.45%
<8830> Sumitomo Realty, $14, 4046 yen (-340 yen), down 7.75%
<6178> Japan Post, $9, 1301 yen (-72 yen), down 5.24%
Other ADR stocks (6th)
Code name closing price (dollar) Japanese yen conversion price Japan closing price comparison
<2914> Japan Tobacco, $12.75, 3685 yen (-83 yen)
<3382> Seven & i Holdings, $11.56, 1671 yen (-32.5 yen)
<4063> Shin-Etsu Chemical, $20, 5780 yen (-170 yen)
Takeda Pharmaceuticals SP ADR, ¥3,847 (-¥66) or $13.31
Chugai Pharmaceutical Co Ltd, ¥5,957 (-¥90) or $20.61
Terumo Corp, ¥2,395 (-¥71) or $16.57
Daiichi Sankyo Co Ltd, ¥5,312 (-¥114) or $36.76
Orient Land Co Ltd, ¥3,880 (-¥115) or $26.85
Fujifilm Holdings Corp, ¥3,124 (-¥76) or $10.81
Bridgestone Corp Unsponsored ADR, ¥5,621 (-¥163) or $19.45
Recruit Holdings Co Ltd, ¥7,312 (-¥270) or $10.12
DISCO Corp, ¥38,006 (-¥1,094) or $26.30
Japan Post Holdings Co Ltd, ¥1,301 (-¥72) or $9.00
Toyota Industries Corp, ¥10,248 (-¥337) or $70.92
SMC Corp, ¥65,868 (-¥1,242) or $22.79
Komatsu Ltd, ¥3,542 (-¥57) or $24.51
Daikin Industries, Ltd. Unsponsored ADR, ¥17,486 (-¥1614) or $12.10
Hitachi Ltd Sponsored ADR, ¥3,058 (-¥86) or $42.32
Mitsubishi Electric Corp. Unsponsored ADR, ¥2,030 (-¥69) or $28.10
Nidec Corp, ¥5,659 (-¥145) or $9.79
Fujitsu Ltd, ¥2,374 (-¥73.5) or $16.43
Renesas Electronics Corp, ¥2,156 (-¥64.5) or $7.46
Sony Group Corp, ¥12,002 (-¥313) or $83.05
<6857> Advantest $41.5 5997 yen (-141 yen)
<6902> Denso $14.39 2079 yen (-64.5 yen)
<6954> Fanuc Corp $13.32 3850 yen (-111 yen)
<6981> Murata Manufacturing Co Ltd $9.3 2688 yen (-93 yen)
<7182> Japan Post Bank Co Ltd $8.2 1185 yen (-175.5 yen)
<7203> Toyota Motor $169.6 2451 yen (-67 yen)
<7267> Honda Motor Co Ltd $29.6 1426 yen (-9.5 yen)
<7741> Hoya Corp $126.15 18230 yen (-490 yen)
<7751> Canon Inc-spons ADR $28.16 4069 yen (58 yen)
<7974> Nintendo Co Ltd $12.59 7278 yen (-229 yen)
<8001> Itochu Corp $86.2 6228 yen (-172 yen)
<8002> Marubeni Corp $144.56 2089 yen (-58 yen)
<8031> Mitsui & Co Ltd $363.5 2626 yen (-64 yen)
<8035> Tokyo Electron Ltd $86.53 25009 yen (-706 yen)
<8053> Sumitomo Corp $20.18 2916 yen (-63 yen)
<8058> Mitsubishi Corp $18.08 2612 yen (-49.5 yen)
<8306> Mitsubishi UFJ Financial Group Inc $9.27 1340 yen (22 yen)
<8316> Sumitomo Mitsui Financial Group Inc $11.38 8223 yen (223 yen)
<8411> Mizuho Financial Group Inc $3.69 2666 yen (69.5 yen)
<8591> Orix $109.83 3174 yen (-29 yen)
<8725> MS&AD Insurance Holdings, Inc. $20.20 ¥2919 (-¥81)
<8766> Tokio Marine Holdings, Inc. $33.71 ¥4871 (+¥171)
<8801> Mitsui Fudosan Co., Ltd. $29.60 ¥1426 (-¥30.5)
<9432> NTT $25.28 ¥146 (+¥0.1)
<9433> KDDI Corporation $14.91 ¥4309 (-¥50)
<9983> Fast Retailing Co., Ltd. $26.38 ¥38122 (-¥1198)
<9984> SoftBank Group Corp. $24.51 ¥7084 (-¥88)