At the closing time on the 25th, the number of rising stocks in the Nikkei average constituent stocks was 126 stocks rising, 99 stocks falling, and 0 stocks unchanged.

The Nikkei average continued to rise for 5 days. It closed the morning session at 38,068.22 yen, up 127.63 yen (+0.34%) from the previous day, with an estimated volume of 0.76 billion shares traded.

The U.S. stock market continued to rise on the 24th. The Dow Jones Industrial Average closed at 42,208.22, up 83.57 points (+0.20%), the Nasdaq rose 100.25 points (+0.56%) to 18,074.52, and the S&P 500 closed at 5,732.93, up 14.36 points (+0.25%). Expectations of additional rate cuts by the end of the year and China's stimulus measures improved the outlook for the global economy, leading to a rise after the opening. However, optimism about the economy waned after the consumer confidence index for September fell below expectations, leading to selling. Profit-taking sales were observed from near record highs in the Dow, which struggled to grow. The Nasdaq saw strong buying interest in semiconductor stocks like Nvidia driven by AI demand, resulting in a steady rise and pushing up the market. The Dow recovered into positive territory and set new record highs for consecutive days towards the end of the session.

The rise in U.S. stocks and the yen's appreciation against the dollar, with the exchange rate at the early 143 yen/dollar range, led to a lack of direction in the Tokyo market. While the current Nikkei average has risen for 4 days, making it susceptible to profit-taking selling, semiconductor stocks were generally up, supported by rising U.S. tech stocks like Nvidia. The Nikkei average reached a standoff around the 38,000 yen level after a round of buying and selling.

In the Nikkei average constituent stocks, Shiseido <4911> was bought due to China's stimulus measures. Machinery-related stocks such as Yasukawa Electric <6506>, Fanuc <6954>, SMC <6273>, Okuma <6103>, Minebea Mitsumi <6479> were also bought. Additionally, part of the semiconductor stocks like Advantest <6857> and Renesas Electronics <6723> rose. Furthermore, companies like Daikin <6367>, Toto <5332>, Sumitomo Metal Mining <5713> were bought.

On the other hand, due to increased uncertainty regarding atopic drug candidates, Kose Kirin <4151> experienced a sharp decline. Additionally, the 10-year government bond yield, a key indicator of long-term interest rates, temporarily fell to 0.795% as of August 5, resulting in noticeable declines in financial stocks such as Resona Holdings <8308>, Tokio Marine Holdings <8766>, Sumitomo Mitsui Financial Group <8316>, MS&AD Insurance <8725>, Mitsubishi UFJ Financial Group <8306>. Companies like Terumo <4543>, Nissui <1332>, ZOZO <3092> also experienced declines.

By industry, categories like machinery, glass and stone products, transportation equipment, nonferrous metals, wholesale trade saw increases, while insurance, banking, aquatic/agricultural/forestry, precision instruments, and other products saw declines.

The top contributor to the increase was Advantest <6857>, with one stock pushing the Nikkei average up by about 79 yen. The second place was taken by Daikin <6367>, followed by Fanuc <6954>, Yaskawa Electric <6506>, Toyo Electric <8035>, TDK <6762>, SMC <6273>, etc.

On the other hand, the top contributor to the decline was Fast Retailing <9983>, which pushed the Nikkei average down by about 48 yen with one stock. The second place was taken by Terumo <4543>, followed by Kyowa Kirin <4151>, SoftBank Group <9984>, Tokio Marine Holdings <8766>, Konami Holdings <9766>, KDDI Corporation <9433>, and others.

*As of 11:30.

Nikkei Average Stock Price 38068.22 (+127.63)

Number of Advancing Stocks 126 (Contribution +330.44)

Number of Declining Stocks 99 (Contribution -202.81)

Number of unchanged stocks 0

○ Top advancing stocks

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

<6857> Advante 6618 303 79.24

<6367> Daikin Industries, Ltd. Unsponsored ADR 19295 1065 34.82

<6954> Fanuc Corp 4146 195 31.87

<6506> Yasukawa Electric 4880 351 11.47

<8035> Toho Electric 24125 105 10.30

<6762> TDK 9470 91 8.92

<6273> SMC 63690 2650 8.66

<7203> Toyota Motor 2665 48 7.85

Shiseido Company,Limited Sponsored Adr 3786 226 7.39

Laser Tech 24550 445 5.82

M3 Inc. 1511 69 5.41

Mitsui & Co Ltd 3180 81 5.30

Omron 6495 155 5.07

Denso 2168 37 4.84

Minebea Mitsumi Inc 2865 145 4.74

NTT Data Corporation 2572 27 4.41

Nidec Corporation Sponsored ADR (6594) 6198 166 4.34

The Toro (5332) 5182 263 4.30

DISCO (6146) 36290 630 4.12

Mitsubishi Corp. (8058) 3001 41 3.97

Top decreasing stocks

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

FIRST REALTY INVESTMENT TR (9983) 47440 -490 -48.06

Terumo Corp (4543) 2646 -81.5 -21.31

＜4151＞ Kyowa Kirin 2644 -456.5 -14.92

＜9984＞ SoftBank Group 8629 -47 -9.22

＜8766＞ Tokio Marine Holdings 5280 -165 -8.09

＜9766＞ Konami Holdings 14360 -230 -7.52

＜9433＞ KDDI 4786 -36 -7.06

＜4519＞ Chugai Pharmaceutical Co., Ltd. 7030 -66 -6.47

＜7741＞ HOYA Corporation 19795 -275 -4.50

＜4901＞ Fujifilm Holdings Corporation 3730 -44 -4.32

<7733> Olympus 2648 -33 -4.32

<4568> Daiichi Sankyo 4693 -41 -4.02

<3092> ZOZO 4806 -93 -3.04

<4704> Trend Micro 8745 -82 -2.68

<7974> Nintendo 7638 -78 -2.55

<9735> Secom 10970 -70 -2.29

<8725> MS&AD 3324 -74 -2.18

<3659> Nexon 2781 -32 -2.09

Nippon Electric Paper 6988 12170 -60 -1.96

Canon Inc-Spons ADR 7751 4757 -40 -1.96