[Nikkei Stock Average and TOPIX (Table)]
Nikkei average; 34122.35; -553.11 TOPIX; 2401.89; -32.32 On the 7th, the Nikkei average fell by 553.11 yen to 34,122.35 yen and opened lower. The previous day's US stock market rebounded. The Dow Jones average was 294.39 dollars higher at 38,997.66 dollars and the Nasdaq closed at 16,366.86, up 166.78 points. Yesterday's decline was seen as overdone and was bought from a value perspective, rising after the opening. In addition to easing concerns about a serious economic downturn and improving investor sentiment, the market was led by buybacks all day long in response to some major companies such as Caterpillar (CAT) reporting good earnings. High-tech also rose and expanded its gain. It ended up in the plus side after losing momentum towards the end.
Today, selling pressure led the Tokyo stock market. After yesterday's Nikkei average saw a significant rebound of more than 3,200 yen, there was likely to be short-term waiting to sell. In addition, some investors were holding back from making aggressive purchases in order to identify the stability of stock prices and the exchange rate of the yen. On the other hand, the rebound of major indices in the US stock market for the first time in four days supported stock prices in the Tokyo market. Further, the calming trend in the foreign exchange market became a sense of security in the equity market. In addition, the earnings reports of major domestic companies for the April-June period continued to be announced, and the desire to search for high-performance and good earnings stocks became a factor in supporting stock prices, but selling prevailed at the opening stage.
[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.
In the sector breakdown, mining, non-ferrous metals, real estate, transportation equipment, and metal products were among the top decliners, while other financial businesses rose. In the top traded stocks on the TSE Prime, Dai kin<6367>, Ricoh<7752>, Ajinomoto<2802>, Sony Group<6758>, Renesas<6723>, Recruit Holdings<6098>, Kawasaki Kisen<9107>, Suzuki<7269>, Toyota<7203>, Advantest<6857>, Fast Retailing<9983>, Screen HD<7735>, and OLC<4661> all fell. On the other hand, Canon<7751>, Disco<6146>, Sumitomo Mitsui<8316>, Mitsubishi UFJ<8306>, Orix<8591>, Tokio Marine<8766>, Resona HD<8308>, KDDI<9433>, Softbank<9434>, and Hoya<7741> all rose.
Today, selling pressure led the Tokyo stock market. After yesterday's Nikkei average saw a significant rebound of more than 3,200 yen, there was likely to be short-term waiting to sell. In addition, some investors were holding back from making aggressive purchases in order to identify the stability of stock prices and the exchange rate of the yen. On the other hand, the rebound of major indices in the US stock market for the first time in four days supported stock prices in the Tokyo market. Further, the calming trend in the foreign exchange market became a sense of security in the equity market. In addition, the earnings reports of major domestic companies for the April-June period continued to be announced, and the desire to search for high-performance and good earnings stocks became a factor in supporting stock prices, but selling prevailed at the opening stage.
In the sector breakdown, mining, nonferrous metals, real estate, transportation equipment, and metal products were among the top decliners, while other financial businesses rose. In the top traded stocks on the TSE Prime, Dai kin<6367>, Ricoh<7752>, Ajinomoto<2802>, Sony Group<6758>, Renesas<6723>, Recruit Holdings<6098>, Kawasaki Kisen<9107>, Suzuki<7269>, Toyota<7203>, Advantest<6857>, Fast Retailing<9983>, Screen HD<7735>, and OLC<4661> all fell. On the other hand, Canon<7751>, Disco<6146>, Sumitomo Mitsui<8316>, Mitsubishi UFJ<8306>, Orix<8591>, Tokio Marine<8766>, Resona HD<8308>, KDDI<9433>, Softbank<9434>, and Hoya<7741> all rose.