At the closing time 9 days ago, the number of rising stocks in the Nikkei average constituent stocks was 96 stocks, 127 stocks fell, and 2 stocks remained unchanged.

The Nikkei average rebounded. It closed the morning session at 39,178.70 yen, up 241.16 yen (+0.62%) from the previous day, with an estimated volume of 0.8 billion shares traded.

On the 8th, the U.S. stock market closed at 42,080.37, up 126.13 points, and the Nasdaq closed at 18,182.92, up 259.02 points. Tensions in the Middle East eased, leading to an initial rise after opening. New York Fed President Williams suggested that the option of a slight interest rate cut could still exist, causing the market to be sold off temporarily. However, high-tech stocks like NVIDIA in semiconductors were bought on dips due to expectations of a soft landing and strong demand for AI, supporting the market and pushing it higher again. The market expanded its gains towards the end and closed higher.

Due to the rise in U.S. stocks and stability in exchange rates, the Tokyo market started trading with a buying bias. The Nikkei average recovered in the 39,000 yen range, then slightly narrowed its gains, but maintained a solid move in positive territory compared to the previous day. Although the Shanghai Composite Index is down over 3% from the previous day, the Hang Seng Index is hovering around the previous day's closing level, showing a lack of direction in the Chinese market. Today's Tokyo market is also looking at the Asian stock markets, including China.

Among the Nikkei average adopted stocks, after reports that a Canadian company proposing an acquisition is raising the price, 7 & i HD <3382> temporarily surged more than 10% compared to the previous day, setting a new high for the year. In addition, following the rise of Nvidia in the US, Advantest <6857>, Lasertec <6920>, Screen HD <7735>, Tokyo Electron <8035>, and other semiconductor stocks were bought. Furthermore, IHI <7013>, Kawasaki Heavy Industries <7012>, Disco <6146>, ZOZO <3092>, Canon <7751>, among others, rose.

On the other hand, Nintendo fell after it was revealed that a Saudi government fund sold some of its holdings. Also, due to the drop in oil prices, resource-related stocks like INPEX and Idemitsu Kosan were weak, as well as trading firms like Mitsui & Co., Marubeni, and Mitsubishi Corporation. Sumitomo Chemical, Tokai Carbon, Nippon Steel, and JFE Holdings were lackluster.

In terms of industry sectors, retail trade, services, information and communications, precision instruments, pharmaceuticals, etc., rose, while mining, insurance, electric & gas, iron & steel, and wholesale trade declined.

The top contributor to the rise was Advantest <6857>, pushing the Nikkei average up by about 67 yen with one stock. The second place was Tokyo Electron <8035>, followed by Fast Retailing <9983>, Recruit Holdings <6098>, SoftBank Group <9984>, KDDI <9433>, Lasertec <6920>, among others.

On the other hand, the top contributor to the decline was Tokio Marine Holdings <8766>, which pushed the Nikkei average down by about 6 yen with one stock. Nintendo <7974> ranked second, followed by Mitsui Sumitomo <8031>, Mitsubishi Shoji <8058>, Omron <6645>, Daikin <6367>, Fanuc <6954>, and others.

*As of 11:30.

Nikkei Average Stock Price 39178.70 (+241.16)

Number of Advancing Stocks 96 (Contribution +342.53)

Number of Declining Stocks 127 (Contribution -101.38)

Number of unchanged stocks 2

○ Top advancing stocks

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

<6857> Advante 7625 255 67.08

<8035> Tokyo Electron Ltd. Unsponsored ADR 25840 380 37.48

<9983> First Retailing 50540 400 35.51

<6098> Recruit Holdings 9629 164 16.18

<9984> SoftBank Group 8662 81 15.98

<9433> KDDI Corporation 4752 67 13.22

<6920> Lear 24520 895 11.77

<9843> Nitori Holdings 21595 705 11.59

Daikin Industries, Ltd. Unsponsored ADR 3382 7&iHD 2340 110 10.85

Chugai Pharmaceutical 4519 中外製薬 7002 107 10.55

Bandai Namco Holdings 7832 バンナムHD 3504 102 10.06

Daiichi Sankyo 4568 第一三共 4923 82 8.09

Fujifilm 4901 富士フイルム 3769 62 6.12

DISCO 6146 ディスコ 37670 810 5.33

HOYA 7741 HOYA 21115 245 4.03

SCREEN 7735 SCREEN 10565 285 3.75

＜3092＞ ZOZO 5416 111 3.65

＜4704＞ Trend Micro 8390 109 3.58

＜6861＞ Keyence 68710 1080 3.55

＜2413＞ M3 1724 44 3.47

Top decreasing stocks

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

＜8766＞ Tokio Marine Holdings 5496 -130 -6.41

＜7974＞ Nintendo 7845 -193 -6.35

<8031> Mitsui & Co., Ltd. 3210 -86 -5.66

<8058> Mitsubishi Corporation 2947 -48 -4.73

<6645> Omron Corporation 6406 -122 -4.01

<6367> Daikin Industries, Ltd. Unsponsored ADR 19525 -110 -3.62

<6954> Fanuc Corp 4098 -21 -3.45

<3659> Nexon Co., Ltd. 2778 -48 -3.16

<8001> Itochu Corporation 7696 -95 -3.12

<7203> Toyota Motor Corporation 2550 -18.5 -3.04

<7267> Honda 1554 -12 -2.37

<8830> Sumitomo Realty 4760 -72 -2.37

<5019> Idemitsu Kosan 1091 -34.5 -2.27

<6301> Komatsu 4022 -62 -2.04

<5802> Sumitomo Electric Industries 2329 -55.5 -1.82

<4503> Astellas Pharma 1734 -10.5 -1.73

<8015> Toyota Tsusho 2659 -16.5 -1.63

<1928> Sekisui House 3818 -49 -1.61

Marubeni 2403 -47.5 -1.56

MS&AD 3397 -51 -1.51