As of the closing on 4 days ago, the number of rising stocks among the Nikkei average constituent stocks was 15, the number of declining stocks was 208, and the number of unchanged stocks was 2.

The Nikkei average fell sharply. It closed the morning session of trading at 37,405.59 yen (volume estimated at around 0.9 billion 50 million shares), down 1,280.72 yen (= -3.31%) from the previous day.

On the 3rd, the US stock market fell sharply. The Dow average closed at 40,936.93 dollars, down 626.15 dollars (= -1.51%). The Nasdaq closed at 17,136.30, down 577.33 points (= -3.26%). The S&P 500 closed at 5,528.93, down 119.47 points (= -2.12%). This was due to concerns about a hard landing as the August ISM Manufacturing Index fell below expectations, leading to a drop in the market after the opening. The Dow also accelerated profit-taking selling from its all-time high, leading to selling throughout the day. Selling in the semiconductor sector, including Nvidia, also exerted further pressure, leading to significant selling in the Nasdaq and an expansion of the decline towards the end.

Following the significant decline in US stocks and the strengthening of the yen, the Tokyo market opened with a dominant selling sentiment. The Nikkei average fell below the 38,000 yen level and expanded its decline to 37,122.33 yen at one point. The decline in semiconductor stocks was noticeable as the Philadelphia Semiconductor Index (SOX Index) fell more than 7% compared to the previous day. Profit-taking on the rise since August 5th led the market, and the trading value in the prime market reached 2.4 trillion yen, marking the first time in a long time to surpass the 2 trillion yen level.

Among the stocks adopted in the Nikkei Average, semiconductor stocks such as Renesas Electronics <6723>, Socionext <6526>, Screen HD <7735>, SUMCO <3436>, Tokyo Electron <8035>, and SoftBank Group <9984> are prominent in their decline. In addition, Furukawa Electric <5801>, Disco <6146>, Fujikura <5803>, TEPCO Holdings <9501>, Mercari <4385>, Recruit HD <6098>, and others fell.

On the other hand, Nitori Holdings <9843>, Aeon <8267>, Kao <4452>, Sapporo HD <2501>, and Meiji Holdings <2269> are among the stocks that benefit from the strengthening yen and have risen. In addition, Bandai Namco HD <7832> and ZOZO <3092> were bought. It should be noted that only 15 stocks in the Nikkei Average rose.

While all industries declined, declines in mining, petroleum and coal products, securities and commodity futures trading, nonferrous metals, and electrical equipment were prominent.

The top contributor to the decline was Tokyo Electron <8035>, which pushed the Nikkei average down by about 174 yen. The second place was Advantest <6857>, followed by Softbank Group <9984>, Fast Retailing <9983>, Shin-Etsu Chemical <4063>, Recruit Holdings <6098>, TDK <6762>, and others.

On the other hand, the top contributors to the price increase were Ban-nam HD (7832), which pushed up the Nikkei average by about 10 yen with one stock. The second place was Nitto HD (9843), followed by Kao (4452), ZOZO (3092), Aeon (8267), Asahi (2502), Shionogi Pharmaceutical (4507), and others.

*As of 11:30.

Nikkei average stock price 37405.59 (-1280.72)

Number of stocks price increase 15 (contribution +31.56)

Number of stocks price decrease 208 (contribution -1312.28)

Number of unchanged stocks 2

○ Top advancing stocks

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

<7832> Bandai Namco Holdings Co., Ltd. 3219 105 10.30

<9843> Nitori Holdings Co., Ltd. 22005 555 9.07

<4452> Kao Corporation 6660 99 3.24

<3092> ZOZO Inc. 4613 79 2.58

<8267> AEON Co., Ltd. 3719 69 2.26

<2502> Asahi Group Holdings, Ltd. 5361 30 0.98

<4507> Shionogi & Co., Ltd. 6683 26 0.85

<2503> Kirin Holdings Company, Limited 2203 18 0.59

<2501> Sapporo HD 7550 73 0.48

<2269> Meiji HD 3667 27 0.35

<7951> Yamaha 3563 10 0.33

<9007> Odakyu Electric Railway 1717 20 0.32

<4631> DIC 3155 34 0.11

<2002> Nisshin Flour Milling 1867 2 0.07

<9602> Toho 5800 12 0.04

Top decreasing stocks

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

<8035> Tokyo Electron, 23370, -1775, -174.08

<6857> Advantest, 6168, -475, -124.23

<9984> Softbank Group, 7935, -498, -97.68

<9983> Fast Retailing, 46180, -800, -78.46

<4063> Shin-Etsu Chemical, 5962, -411, -67.18

<6098> Recruit Holdings, 8554, -506, -49.62

<6762> TDK, 9418, -457, -44.82

<6954> Fanuc Corp. 4055 -207 -33.84

<6367> Daikin Industries, Ltd. Unsponsored ADR 17640 -910 -29.75

<9433> KDDI Corporation 4858 -122 -23.93

<6146> Disco Corporation 37280 -2880 -18.83

<6920> Laser-Tec 25150 -1345 -17.59

<6988> Nitto Denko Corporation 11735 -460 -15.04

<6971> Kyocera Corporation Sponsored ADR 1754 -54 -14.12

<4519> Chugai Pharmaceutical Co., Ltd. 6973 -144 -14.12

<4901> Fujifilm 3828 -141 -13.83

<8058> Mitsubishi Corporation 2915 -119 -11.67

<7267> Honda 1549 -56 -10.98

<8015> Toyota Tsusho 2684 -104.5 -10.25

<6902> Denso 2146 -78 -10.20