At the closing time on the 7th, the number of Nikkei average constituent stocks that rose was 193 stocks, 29 stocks fell, and 3 stocks remained unchanged.

At the end of last weekend, the Dow Jones average in the US market closed at 42,352.75, up 341.16 points, and the Nasdaq closed at 18,137.85, up 219.38 points. Encouraged by the end of the East Coast port union strike and strong September employment statistics, buying activity led to an increase after the opening. The market remained strong throughout the day due to a significant improvement in economic outlook. The rise in Nvidia and other semiconductor stocks driven by increasing demand for AI-related products lifted the Nasdaq. Later in the session, the market expanded its gains, with the Dow reaching a new all-time high. With the US stock market rising, buying dominated the Tokyo stock market today. The Nikkei average also started rising following the trend of Chicago futures. While geopolitical risks such as the situation in the Middle East are still being monitored, expectations of a significant rate cut at the next Federal Open Market Committee (FOMC) meeting following the US employment data have diminished. The exchange rate reached around 149 yen per dollar, accelerating the depreciation of the yen and leading to a strong day for export-related stocks. After an initial round of buying, the Nikkei average faced resistance on the upside, but closed above the 39,000 yen mark for the first time since September 27th.

At the closing of the Nikkei average, it rose by 697.12 yen from the previous trading day, reaching 39,332.74 yen. The trading volume on the Tokyo Stock Exchange Prime Market was 1.912 million shares. The turnover was 4.4765 trillion yen. Among the industry sectors, banking, insurance, securities and commodity futures trading, other products, and service industries rose, while only the five sectors of pulp and paper, air transportation, iron & steel, marine transportation, and real estate declined. Rising stocks accounted for 74% on the Tokyo Stock Exchange Prime Market, while declining stocks accounted for 21%.

The top contributors to the rise were Fast Retailing, ranked 1st, and Advantest, ranked 2nd, pushing the Nikkei average up by about 167 yen with these two stocks. Furthermore, the top gaining stock in the Nikkei average constituents was Resona Holdings, up 8.68%, followed by Konami Group, up 8.15%.

On the other hand, the top contributors to the decline were Disco, ranked 1st, and Nitori Holdings, ranked 2nd, pushing the Nikkei average down by about 24 yen with these two stocks. Additionally, the top declining stock in the Nikkei average constituents was Disco, down by 6.27%, followed by Nitori Holdings, down by 2.35%.

* As of 15:00

Nikkei Average Stock Price: 39,332.74 (+697.12)

Number of Rising Stocks: 193 (Contribution +733.58)

Number of declining stocks: 29 (Contribution -36.46).

Number of unchanged stocks 3

○ Top advancing stocks

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

<9983> First REIT 50450 1240 110.09

<6857> Advante 7191 217 57.08

<6098> Recruit HD 9439 482 47.55

<9766> Konami G 14790 1115 36.66

<9984> SoftBank Group 8745 184 36.30

<6762> TDK 1963 65 31.81

<8035> Toyo Electric 25650 295 29.10

<4063> Shin-Etsu Chemical 6142 119 19.56

<6758> Sony Group 2881 114 18.66

<6954> Fanuc Corp 4265 111 18.25

<6988> Nisshin Electric 2461 72 11.84

<6367> Daikin Industries, Ltd. Unsponsored ADR 20400 360 11.84

<7974> nintendo 8087 344 11.31

<7832> bandai namco hd 3398 112 11.05

<9433> KDDI Corporation 4740 53 10.46

<8766> tokyo marine hd 5797 207 10.21

<7203> toyota motor 2646 60 9.78

<7741> hoya 20695 505 8.30

<4543> terumo 2844 30 7.89

<5803> fujikura 4987 208 6.84

Top decreasing stocks

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

DISCO 37220 -2490 -16.37

NIITORIHD 20395 -490 -8.06

SUMITOMOREALESTATE 4871 -53 -1.74

ION 3940 -42 -1.38

YASKAWAELECTRIC 4993 -30 -0.99

SECOM 5337 -14 -0.92

<4578> Otsuka Holdings 8499 -24 -0.79

<8802> Mitsubishi Estate 2343 -23 -0.76

<4519> Chugai Pharmaceutical 6908 -7 -0.69

<2269> Meiji Holdings 3628 -48 -0.63

<1928> Sekisui House 3934 -17 -0.56

<2871> Nichirei 4403 -34 -0.56

<6526> Sosei Next 2868 -16 -0.53

<2282> Nippon Ham 5320 -30 -0.49

<9107> Kawasaki Kisen 2051 -16.5 -0.49

<6701> NEC Corporation 13925 -145 -0.48

<4151> Kyowa Kirin 2617 -9 -0.30

<1963> JGC Holdings 1320 -5.5 -0.18

SoftBank Group Corp. (9434) 193 -0.5 -0.16

<2501> Sapporo Holdings 7806 -21 -0.14