[Nikkei Stock Average and TOPIX (Table)]
The Nikkei average is 35272.34, up 441.19 points.
TOPIX is 2497.29, up 35.59 points.
[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 9th, the Nikkei average rebounded and started trading at 35272.34 yen, up 441.19 yen. The previous day's US stock market rebounded. The Dow average closed at 39446.49 yen, up 683.04 dollars, and the Nasdaq closed at 16660.02, up 464.21 points. With the weekly number of jobless claims lower than expected, comfort spread and prices rose after the opening. Concerns about the labor market and the economy receded, and it remained firm all day, and expanded the gain toward the end.
Buying dominated the Tokyo stock market today. The major indexes on the US stock market rebounded significantly yesterday, providing support for stock prices in Tokyo. In particular, the Nasdaq Composite Index with a high proportion of high-tech stocks rose by 2.87%, which is a larger increase compared to the Dow average (up 1.76%). Furthermore, the Philadelphia Semiconductor Stock Index (SOX Index), which consists of major semiconductor-related stocks, rose sharply by 6.86%, providing support for the stock prices of high-tech and semiconductor-related stocks in the Tokyo market. In addition, the foreign exchange market has been moving at a lower yen and a higher dollar level, with 1 dollar = 147.40 yen, about 1 yen 30 sen lower than around 3 pm yesterday, which also provides a sense of relief for the stock market. Moreover, the earnings announcements for major domestic companies in the April-June period are approaching the end, and the desire to find stocks with good performance and earnings remains a support factor for stock prices. On the other hand, some people refrain from actively buying because it is expected that the market will continue to be volatile for a while and they want to find a calm point for stock prices and the yen exchange rate, but buying was dominant at the opening. Today is the special clearing index (SQ) calculation day for stock index futures options in August.
In terms of sectors, mining, non-ferrous metals, iron and steel, wholesale trade, insurance, and others are among the top gainers, while metal products are declining. In the top traded stocks on the Tokyo Stock Exchange Prime Market, Laser Tech <6920>, TDK Corp <8035>, Fujikura <5803>, SoftBank Group <9984>, Itochu Corp <8001>, Terumo Corp <4543>, Advantest Corp <6857>, Komatsu Ltd <6301>, Disco Corp <6146>, Renesas Electronics Corp <6723>, Hitachi Ltd <6501>, Mitsubishi Heavy Industries Ltd <7011>, Honda Motor Co <7267>, Hoya Corp <7741>, and others are rising, while Nexon <3659>, TOWA Corp <6315>, SUMCO Corp <3436>, Shiseido Co Ltd <4911>, Bandai Namco Holdings Inc <7832>, Nitori Holdings Co Ltd <9843>, KDDI Corp <9433>, Daiichi Sankyo Co Ltd <4568>, Astellas Pharma Inc <4503>, Daikin Industries Ltd <6367>, Fast Retailing Co Ltd <9983>, and others are falling.