[Nikkei Stock Average and TOPIX (Table)]

Nikkei average; 39,108.27; +182.64

TOPIX; 2,717.42; -3.70

[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 27th, the Nikkei average continued to rise, starting trading at 39,108.27 yen, up 182.64 yen. The previous day, the U.S. stock market rose. The Dow rose 260.36 points to 42,175.11, while the Nasdaq closed at 18,190.29, up 108.08 points. Following higher-than-expected economic indicators, there was buying due to improving economic outlook, leading to an increase after the opening. The Chinese government indicated a policy of strengthening fiscal support to achieve growth targets, with expectations of demand recovery serving as support. Micron (MU) led the rise in semiconductors on the Nasdaq. The market remained strong throughout the day.

Buying dominated the Tokyo stock market today. The previous day's rise in major indices in the U.S. stock market supported stock prices in Tokyo. In particular, the Philadelphia Semiconductor Index (SOX) consisting of major semiconductor-related stocks rose by 3.47%, a larger increase compared to the Dow (0.62% increase), supporting semiconductor-related stock prices in the Tokyo market. Additionally, the foreign exchange market saw the dollar stabilize around 145.00 yen, providing a sense of security in the stock market.

On the other hand, yesterday's Nikkei average surged by over 1000 yen, with gains exceeding 2700 yen since the 18th of last week, raising immediate concerns of high levels. Some investors refrained from active buying in anticipation of the results of today's Liberal Democratic Party leadership election, but buying prevailed at the opening. Today marks the ex-dividend date for interim dividends of March earnings, with an expected downward impact of around 260 yen on the Nikkei average.

The Tokyo metropolitan area consumer price index (CPI, mid-month preliminary value) for September, released before the start of trading, showed a 2.0% year-on-year increase in the comprehensive index excluding fresh food. The market consensus compiled by QUICK was a 2.0% increase. According to weekly data on foreign and domestic securities trading conditions released before trading, foreign investors sold domestic stocks for the 6th consecutive week from the 15th to the 21st, with net sales totaling 1 trillion 926.4 billion yen. Today, Ai Robotics <247A> was listed on the Tokyo Stock Exchange Growth Market.

By sector, machinery, electric appliances, rubber products, real estate, nonferrous metals, etc., are among the top gainers, while oil & coal products, iron & steel, banking, mining, pulp & paper, etc., are among the top losers in terms of price change.

In the Tokyo Stock Exchange Prime, Shiseido Company,Limited Sponsored ADR <4911>, Fanuc Corp <6954>, Laser-Tec <6920>, Dai <6367>, Toyourelec <8035>, Disco <6146>, Renesas <6723>, Advantest <6857>, Mercari <4385>, Mitsukoshi Isetan <3099>, Shin-Etsu Chemical <4063>, First Retailing <9983>, etc., are rising. On the other hand, Nippon Yusen <9101>, Mitsui O.S.K. Lines <9104>, kddi corporation <9433>, INPEX <1605>, SoftBank <9434>, Nippon Steel <5401>, JFE Holdings,inc <5411>, Takeda Pharmaceutical <4502>, Sumitomo Mitsui Financial Group <8316>, Honda <7267>, Mizuho Financial Group <8411>, etc., are declining.