At the closing time 18 days ago, the number of rising stocks of the Nikkei average constituents was 156, the number of falling stocks was 66, and the number of unchanged stocks was 3.

The Nikkei average rebounded. It ended the morning trading at 36,461.44 yen, up 258.22 yen (+0.71%) from the previous day, with an estimated volume of 704 million 40 million shares.

On the 17th, the U.S. market was mixed. The Dow Jones fell by 15.90 points (-0.04%) to 41,606.18, the Nasdaq rose by 35.93 points (+0.20%) to 17,628.06, and the S&P500 closed at 5,634.58, up 1.49 points (+0.03%). The Federal Open Market Committee (FOMC) meeting initially raised expectations of a rate cut, leading to an increase. However, after the August retail revenue exceeded market expectations, the expectation of a significant rate cut slightly receded. There was caution ahead of the FOMC meeting and adjustments, causing the market to struggle. Profit-taking selling was observed near record highs for the Dow, leading to a downturn. The Nasdaq was supported by a positive interest rate outlook, trading firmly and closing mixed.

American stocks lacked direction with mixed highs and lows, but as the exchange rate rose to the 142 yen range, the Tokyo market started with a predominance of buying. The Nikkei average rebounded but paused its rise around the previous day's high of 36,600 yen, gradually reducing the upward momentum. There was a strong cautious mood and a wait-and-see attitude ahead of the FOMC results announced at 3 a.m. on the 19th in Japan, with active buying being restrained.

In Nikkei average constituent stocks, Sumitomo Metal <5713>, Mitsubishi Materials <5711>, and other resource-related stocks were bought as NY gold prices hit a 3-day high, while Mazda <7261>, Toyota Motor <7203>, Hino Motors <7205>, Honda <7267>, Suzuki <7269>, and other automobile-related stocks rose on the back of a pause in the yen's appreciation. In addition, parts of the financial stocks sold yesterday, such as Credit Saison <8253>, T&D Holdings <8795>, and Resona Holdings <8308>, rebounded.

On the other hand, IHI <7013>, which hit a year-to-date high in the morning, continued to decline, alongside Mitsubishi Heavy Industries <7011>, another defense-related stock. Furthermore, railway stocks such as Keio Corporation <9008>, Odakyu Electric Railway <9007>, Tobu Railway <9001>, Keisei Electric Railway <9009>, and JR West Japan <9021> fell overall. Additionally, such as Mitsukoshi Isetan <3099>, Chugai Pharmaceutical <4519>, and Kao <4452> were sold.

In terms of global sectors, transportation equipment, petroleum and coal products, warehouse and transportation-related industries, rubber products, iron & steel, among others, rose, while land transportation, air transportation, pharmaceuticals, food products, fisheries and agriculture, among others, declined.

The top contributor to the rise was Fast Retailing <9983>, which pushed up the Nikkei average by about 104 yen with one stock. The second place was Advantest <6857>, followed by TDK <6762>, SoftBank Group <9984>, Toyota <7203>, DaiKin <6367>, M3 <2413>, and others.

On the other hand, the top contributor to the decline was Chugai Pharmaceutical Co., Ltd. (4519), which pushed the Nikkei Average down by about 12 yen with one stock. The second place was held by Shin-Etsu Chemical Co., Ltd. (4063), followed by Daiichi Sankyo Co., Ltd. (4568), Otsuka Holdings Co., Ltd. (4578), Mitsubishi Shoji Co., Ltd. (8058), Kao Corporation (4452), and Shionogi & Co., Ltd. (4507), among others.

*As of 11:30.

Nikkei Stock Average 36461.44 (+258.22)

Number of advancing issues 156 (contribution +327.23)

Number of declining issues 66 (contribution -69.01)

Number of unchanged stocks 3

○ Top advancing stocks

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

<9983> Fast Retailing 45140 1070 104.94

<6857> Advantest 6112 96 25.11

<6762> TDK 8694 180 17.65

<9984> SoftBank Group 8242 74 14.51

<7203> Toyota Motor 2480 74 12.01

<6367> Daikin Industries 17740 235 7.68

<2413> M3 1436 88 6.87

<7267> Honda 1487 30 5.88

<6971> Kyocera Corporation Sponsored ADR 1689 21 5.49

<7733> Olympus 2585 41 5.30

<6146> Disco 34400 690 4.51

<6098> Recruit HD 8694 44 4.32

<7269> Suzuki 1540 33 4.32

<8253> Credit Saison 3519 126 4.12

<8015> Toyota Tsusho 2544 42 4.07

<8035> Toshiba 22480 40 3.92

<7832> Bandai Namco Holdings 3257 36 3.53

<5108> Bridgestone 5380 100 3.27

<6305> Hitachi Construction Machinery 3425 87 2.84

<9766> Konami Holdings 13925 85 2.78

Top decreasing stocks

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

<4519> Chugai Pharmaceutical 6737 -130 -12.75

<4063> Shin-Etsu Chemical 5606 -32 -5.23

<4568> Daiichi Sankyo 4915 -53 -5.20

<4578> Otsuka Holdings 7904 -140 -4.58

<8058> Mitsubishi Corporation 2789 -36 -3.53

<4452> Kao 6849 -97 -3.17

<4507> Shionogi 6298 -57 -1.86

<3099> Mitsukoshi Isetan 2141 -56 -1.83

<4661> Oriental Land 3846 -56 -1.83

<9843> Nitori Holdings 22625 -110 -1.80

<4901> Fujifilm 3804 -18 -1.77

<7011> Mitsubishi Heavy Industries 1774 -51.5 -1.68

<6758> Sony Group 12760 -45 -1.47

<8801> Mitsui Fudosan 1359 -14 -1.37

<6702> Fujitsu 2890 -41.5 -1.36

<6861> Keyence Corporation 65080 -350 -1.14

<1925> Daiwa House Industry 4538 -35 -1.14

<9009> Keisei Electric Railway 4458 -66 -1.08

<4523> Eisai 5642 -30 -0.98

<6273> SMC 58380 -250 -0.82