At the closing on the 7th, the number of rising stocks in Nikkei Stock Average constituent stocks was 162, the number of declining stocks was 63, and the number of unchanged stocks was 0.

The US stock market rebounded on the 6th. The Dow Jones Industrial Average closed at 38,997.66 (+294.39, +0.76%), the Nasdaq at 16,366.86 (+166.78, +1.03%), and the S&P500 at 5,240.03 (+53.70, +1.04%). Many shares were bought because the previous day's drop was considered to be an overreaction. Concerns over serious economic downturns eased, and the investor mood improved. In addition, the good earnings of some major companies such as Caterpillar prompted traders to buy back shares during the day. High-tech stocks also rose sharply and the market ended in the plus zone despite losing momentum at the end.

While US stocks are regaining stability, the volatile Tokyo market started trading with selling dominance. After the start, the Nikkei Average widened its losses to 33,739.46 yen, but in the cash market banking stocks were bought back and the TOPIX turned around. Just after 10:00, BOJ Deputy Governor Uchida Shinichi stated at the Financial Economic Discussion Meeting being held in Hakodate, "There will be no interest rate hikes in an unstable financial capital market," and said, "We need to continue monetary easing firmly at the current level for the time being." As a result, the exchange rate temporarily fluctuated with the dollar rising about 3 yen to the 147-yen level. At the timing of the weaker yen, the Nikkei Average quickly turned around and temporarily expanded its gains by more than 1,000 yen. While the current back and forth is frustrating, the steady progress of US stock futures also supported the downside.

At the close, the Nikkei Average was 35,089.62 yen, up 414.16 yen (+1.19%) from the previous day. The trading volume on the Tokyo Stock Exchange Prime Market was 3.29536 billion shares, with a trading value of 7.3744 trillion yen. Stocks in the banking, wholesale, securities and commodity futures trading, insurance, machinery, and other sectors rose, while rubber products, mining, marine transportation, oil and coal products, and metal products declined. The ratio of risers to fallers on the Tokyo Stock Exchange Prime Market was 66.3% to 31.9%.

The top contributor to the gain was Softbank Group <9984>, which pushed up the Nikkei Stock Average by about 72 yen with one stock. KDDI <9433> came in second, followed by Disco <6146>, Recruit HD <6098>, Canon <7751>, Kyocera <6971>, TDK <6762>, and so on.

On the other hand, the top decliner was Daikin <6367>, which pushed down the Nikkei Stock Average by about 62 yen with one stock. NTT Data G <9613> came in second, followed by Fast Retailing <9983>, Advantest <6857>, Toshiba <8035>, Kikkoman <2801>, Bridgestone <5108>, and so on.

* As of 15:00

Nikkei Stock Average: 35089.62 (+414.16)

Number of advancing stocks: 162 (contributed to +626.38)

Number of declining stocks: 63 (contributed to -212.22)

Number of unchanged stocks 0

○ Top advancing stocks

Code, Stock Name, Latest Price, Day Change, Contribution

<9984> Softbank Group 7544 372 72.97

<9433> KDDI 4583 224 43.94

<6146> Disco 43950 4850 31.71

<6098> Recruit HD 7779 197 19.32

<7751> Canon 4405 394 19.32

<6971> Kyocera 1654 72 18.83

<6762> TDK 9183 189 18.54

<4568> Daiichi Sankyo 5605 179 17.56

<8058> Mitsubishi Corp. 2834 172 16.87

<8031> Mitsui & Co. 2889 199 13.01

<7733> Olympus 2424 97 12.68

<8766> Tokio Marine Holdings 4957 257 12.60

<4519> Chugai Pharmaceutical 6172 125 12.26

<6988> Nippon Electric Glass 11020 335 10.95

Astellas Pharma <4503> 1694 67 10.87

Eisai <4523> 5541 294 9.61

Fujifilm <4901> 3289 89 8.73

Komatsu <6301> 3858 259 8.47

Hoya <7741> 19235 515 8.42

Otsuka Holdings <4578> 7695 244 7.98

Top decreasing stocks

Code, Stock Name, Latest Price, Day Change, Contribution

Daikin Industries, Ltd. unsponsored adr <6367> 17200 -1900 -62.11

NTT Data <9613> 1960 -237.5 -38.82

Fast Retailing <9983> 39060 -260 -25.50

Advantest Corp <6857> 6062 -76 -19.88

Toshiba Electron <8035> 25640 -75 -7.36

Kikkoman <2801> 1713 -31 -5.07

Bridgestone Corporation unsponsored adr <5108> 5643 -141 -4.61

Ajinomoto <2802> 5117 -106 -3.47

Dentsu Group Inc <4324> 3895 -88 -2.88

Toyota Motor <7203> 2501 -17.5 -2.86

M3 Inc <2413> 1182 -32 -2.51

Honda Motor Co Ltd <7267> 1423 -12.5 -2.45

Ricoh <7752> 1193 -71 -2.32

Yamaha Motor <7272> 1187 -21.5 -2.11

<9301> Mitsubishi Warehouse -127 -2.08

<4151> Kyowa Kirin -63 -2.06

<6920> Laser Tech 22170 -155 -2.03

<4183> Mitsui Chemical -286 -1.87

<2502> Asahi GHD -53 -1.73

<2503> Kirin HD 1962 -49.5 -1.62