At the closing price four days ago, the number of rising stocks in the Nikkei average constituents was 158 stocks up, 67 stocks down, and 0 stocks unchanged.

The Nikkei average continued to rise. At the end of the morning session, it closed at 38,732.41 yen, up 180.35 yen (+0.9 percent) (with an estimated volume of 12.46 million shares).

The previous day in the U.S. market, the Dow Jones Industrial Average closed at 42,011.59, down 184.93 points, and the Nasdaq closed at 17,918.48, down 6.64 points. Concerns over the worsening situation in the Middle East weighed on the market. However, there was a temporary recovery due to better-than-expected ISM non-manufacturing business conditions index, bringing it back to positive territory. Yet, U.S. President Biden's suggestion of a possible oil facility attack following Israel's retaliation against Iran increased crude oil prices and geopolitical risks, leading to accelerated selling and subsequent decline. Nvidia's rise in the semiconductor sector supported the Nasdaq but cautious profit-taking ahead of employment statistics data release led to a sluggish end.

Amid a declining U.S. stock market, buying predominated in today's Tokyo stock market. Although the major indices fell in the U.S. market yesterday, the Philadelphia Semiconductor Index, consisting of major semiconductor-related stocks, continued to rise, providing support for semiconductor-related stocks in Tokyo. The stability of the yen in the foreign exchange market provided reassurance. However, concerns about geopolitical risks in the Middle East persist, coupled with the upcoming release of the U.S. employment statistics for September tonight, contributing to a cautious buying stance and limiting the upward momentum.

In individual stocks, bank stocks like Mitsui Sumitomo and Mizuho performed well, while companies like M3, SoftBank Group, Sony Group, Fast Retailing, Mitsubishi Heavy Industries, Recruit Holdings, and Nintendo saw significant increases. Aoki Pharmaceuticals surged after announcing favorable first-quarter results and share buybacks. Companies like World, which exceeded previous financial estimates for first-half operating profit, also ranked high in terms of price increases.

On the other hand, shares in marine transportation companies like Kawasaki Kisen and Nippon Yusen, impacted by expectations of rising freight rates due to the end of the U.S. dockworker strike, were traded weakly. Shares in Disco, Toyo Electric, Toyota Motor, Fujikura, and Itochu declined. Expectations of declining U.S. interest rates led to downgrades in U.S.-based securities, resulting in substantial declines for Sumitomo Forestry and Kewpie, which also felt a sense of peaking out in the short term. Other companies like Mizuho, Ricoh, and Japan Display were among the top price decliners.

By sector, mining, petroleum and coal products, and banking sectors rose, while only marine transportation, transportation equipment, and warehouse and transportation-related sectors declined.

The top contributor to the rise was Fast Retailing <9983>, which pushed the Nikkei average up by about 75 yen with one stock. The second place was Advantest <6857>, followed by Terumo <4543>, Recruit Holdings <6098>, SMC <6273>, Nitori Holdings <9843>, Olympus <7733>, and others.

On the other hand, the top contributor to the decline was Toyo Electric <8035>, which pushed the Nikkei average down by about 35 yen with one stock. Kawasaki Kisen <9107> took second place, followed by Shin-Etsu Chemical <4063>, Konami Holdings <9766>, Nippon Yusen <9101>, Mitsui O.S.K. Lines <9104>, Disco <6146>, and others.

*As of 11:30.

Nikkei Average Stock Price 38732.41(+180.35)

Number of advancing stocks 158 (contribution +270.46)

Number of declining stocks 67 (contribution -90.11)

Number of unchanged stocks 0

○ Top advancing stocks

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

First Retail 49340 850 75.46

Advante 6945 80 21.04

Terumo 2803 49 12.76

Recruit HD 9054 83 8.19

SMC 66600 2060 6.77

Nitori HD 21105 390 6.41

Olympus 2789 40 5.20

SoftBankG 8705 25 4.93

＜6988＞ Nippon Electric Corporation 2399 30 4.93

＜2413＞ mThree Inc. 1666 61 4.81

＜4901＞ FujiFilm Holdings Inc. 3774 48 4.73

＜9433＞ KDDI Corporation 4673 23 4.54

＜6724＞ Seiko Epson Corp. Unsponsored ADR 2764 66 4.31

＜7832＞ Bandai Namco Holdings Inc. 3261 42 4.14

＜6762＞ TDK Corporation 1922 7 3.21

＜4578＞ Otsuka Holdings Co., Ltd. 8502 97 3.19

<7741> HOYA 20250 190 3.12

<3092> ZOZO 5180 88 2.89

<4385> Mercari 2547 88 2.89

<2801> Kikkoman 1672 17 2.79

Top decreasing stocks

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

<8035> Toh-Erek 25405 -355 -35.02

<9107> Kawasaki Kisen 2079 -211.5 -6.26

SIN-EI Corp. is at 6015, down 31, -5.10%.

KONAMI HOLDINGS CORP is at 13940, down 150, -4.93%.

NIPPON YUSEN K.K. is at 5002, down 483, -4.76%.

MITSUI O.S.K. LINES, LTD. is at 4800, down 349, -3.44%.

DISCO CORP is at 39940, down 460, -3.03%.

Kyocera Corporation Sponsored ADR is at 1710, down 8.5, -2.24%.

DAIKIN INDUSTRIES, LTD. Unsponsored ADR is at 20020, down 65, -2.14%.

Ebara Corporation is at 2433, down 63, -2.07%.

＜3659＞ Nexon 2794 -31 -2.04

＜4523＞ Eisai 5491 -55 -1.81

＜7269＞ Suzuki 1589 -13.5 -1.78

＜7203＞ Toyota Motor 2591 -10.5 -1.73

＜6645＞ Omron 6498 -47 -1.55

＜6976＞ Taiyo Yuden 2983 -44.5 -1.46

＜6594＞ Nidec Corporation Sponsored ADR 3025 -25 -1.32

＜9009＞ Keisei Electric Railway 4109 -66 -1.09

dow inc. DISPLAY 10310 -75 -0.99

root inc. Mitsubishi Warehouse 5297 -36 -0.59