At the closing on the 30th, the Nikkei average composition stocks had 13 stocks rising, 212 stocks declining, and 0 unchanged.
At the end of trading on the US market on the 27th last weekend, the Dow Jones average was 137.89 points higher (+0.33%) at 42,313.00 points, the NASDAQ was 70.70 points lower (-0.39%) at 18,119.59 points, and the S&P 500 closed at 5,738.17 points, down 7.20 points (-0.13%). The continue sluggish inflation trend in the August PCE price index was confirmed, and the significant rate cut observation supported the increase due to a slower pace than expected. Dow surged higher as the Michigan Consumer Sentiment Index exceeded expectations. Despite concerns about the worsening situation in the Middle East towards the end, it set a new record high after losing momentum. The decline in NVIDIA in the semiconductor sector weighed on the NASDAQ, causing a turnaround in the market performance. Amid mixed movements in the US market over the weekend, the Nikkei average started trading significantly lower. Positions were built up in anticipation of Mr. Takamichi's victory in the LDP leadership election over the weekend, but these were quickly unwound with Mr. Ishiba's reversal, giving back the gains from the 26th and 27th. Mr. Ishiba had shown a positive attitude towards strengthening taxes on financial income and corporate taxes, leading to strong market caution and a search for stability.
The closing Nikkei average was 19,910.01 yen lower (-4.80%) at 37,919.55 yen compared to the previous business day. The trading volume on the TSE Prime Market was 2.6 billion 0.05 million shares. Trading value was 6 trillion 121.6 billion yen. Among the global sectors, transportation equipment, real estate, securities and commodity futures trading industry, electric and gas industry, electric appliances, all declined while only the banking industry rose. The number of advancing stocks on the TSE Prime Market is 7%, while declining stocks account for 91%.
The top contributors to the decline were Toto Electronics <8035> in first place, followed by First Retailing <9983> in second place, pushing the Nikkei average down by about 380 yen with these two stocks. Also, the top two decliners among Nikkei average component stocks were Mitsukoshi Isetan <3099> with a 10.64% decline, followed by Laser Technology <6920> with a 10.02% decline.
On the other hand, the top contributors to the rise were Nitori HD <9843> in first place, followed by Nichirei <2871> in second place, pushing the Nikkei average up by about 5 yen with these two stocks. Additionally, the top two risers among Nikkei average component stocks were Resona HD <8308> with a 5.90% increase, followed by DeNA <2432> with a 5.57% increase.
* As of 15:00
Nikkei Average Stock Price 37,919.55 (-1910.01)
Number of stocks rising 13 (contribution degree +10.44)
Number of declining stocks 212 (contribution -1920.45)
Number of flat stocks: 0
○ Top advancing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
<9843> Nitori HD 21795 215 3.51
<2871> Nichirei 4467 98 1.60
<8331> Chiba Bank 1153 30 0.96
<5831> Shizuoka FG 1245 29 0.93
Dii & A 1783 94 0.92
Mitsui Sumitomo FG 3045 91 0.89
Concordia FG 792 18 0.58
Mizuho FG 2936 118 0.39
Fukuoka FG 3671 44 0.29
Resona HD 998 56 0.18
Mitsubishi UFJ 1454 3 0.08
Nippon Paper 980 21 0.07
<5019> Idemitsu Kosan Co., Ltd. 1028 1 0.03
Top decreasing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
Ticker 8035, Toyo Electric, 25,290 -2,185 -214.29
Ticker 9983, First Retail, 47,420 -1,690 -165.74
Ticker 9984, SoftBank Group, 8,427 -666 -130.63
Ticker 6857, Advantest, 6,741 -468 -122.40
Ticker 6762, TDK, 1,823 -147.5 -72.33
<4063> Shin-Etsu Chem 5977 -366 -59.82
<6098> Recruit Holdings 8705 -603 -59.14
<6954> Fanuc Corp 4190 -251 -41.03
<4543> Terumo Corp 2700 -154 -40.28
<4519> Chugai Pharmaceutical 6932 -407 -39.92
<6920> Laser Tech 23605 -2630 -34.39
<9433> KDDI 4594 -175 -34.33
<6988> Nitto Denko 2389 -209.5 -34.24
<7203> Toyota Motor 2543 -209 -34.16
<6971> Kyocera Corporation Sponsored ADR 1660 -99.5 -26.02
<9766> KonamiG 14545 -725 -23.70
<7267> Honda 1508 -114 -22.36
<6146> Deere & Co 37490 -3210 -20.99
<2801> Kikkoman 1628 -122.5 -20.02
<7741> HOYA 19785 -1055 -17.24