At the closing time on the 10th, the number of rising stocks in the Nikkei average constituent stocks was 149, with 74 declining stocks and 2 unchanged.
The U.S. stock market continued to rise on the 9th. The Dow Jones Industrial Average closed at 42,512.00, up $431.63, while the Nasdaq closed at 18,291.62, up 108.70 points. After opening with a retreat due to diminishing expectations of a swift Fed rate cut, following a decline, market sentiment turned positive on expectations that China's government fiscal stimulus aimed at reviving the economy would support global economic recovery and corporate sales. It was revealed in the minutes of the Federal Open Market Committee (FOMC) meeting in September released by the Federal Reserve that all participants agreed to continue lowering interest rates, leading to an expansion of gains towards the end. The Dow reached a record high and closed at the highest level.
Following the strong movement of U.S. stocks, the Tokyo market started trading in a buying trend. The Nikkei average rose to the 39,600 yen level before a volatile Chinese stock market prompted caution, causing the market to pause. Tonight's release of the U.S. Consumer Price Index (CPI) for September is also being watched, leading to a cautious upward trend. Trading volume on the prime market has fallen below 4 trillion yen for the second consecutive day, signaling a wait-and-see stance prevailing.
The Nikkei average at the close was 39,380.89 yen, up 102.93 yen from the previous day (+0.26%). The trading volume on the TSE Prime market was 1,506,750,000 shares. The trading value was 3.5288 trillion yen. By industry type, rubber products, insurance, banking, pharmaceuticals, transportation equipment, etc., rose, while retail trade, services, textiles & apparels, other products, petroleum & coal products fell. The percentage of rising stocks on the TSE Prime market was 39%, while the percentage of falling stocks was 57%.
The top contributor to the rise was SoftBank G <9984>, which pushed the Nikkei average up by about 68 yen with one stock. The second place was taken by Fast Retailing <9983>, followed by Shin-Etsu Chemical <4063>, Daiichi Sankyo <4568>, Omron <6645>, NittanValve <6988>, Honda <7267>, and others.
On the other hand, the top contributor to the decline was Advantest <6857>, which pushed down the Nikkei average by about 26 yen with one stock. The second place was taken by Hitachi <8035>, followed by Recruit Holdings <6098>, Aeon <8267>, Fanuc <6954>, Bandai Namco Holdings <7832>, TDK <6762>, and others.
* As of 15:00
Nikkei Average Stock Price 39,380.89 (+102.93)
Number of rising stocks: 149 (contribution +267.33).
Number of falling stocks: 74 (contribution -164.40).
Number of unchanged stocks 2
○ Top advancing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
<9984> SoftBank Group 9041 345 68.06
<9983> First Retail 51360 650 57.71
<4063> Shin-Etsu Chemical 6193 64 10.52
First Sumitomo Pharmaceuticals, stock code 4568, closing price 4991, change 54, 5.33%.
Omron Corporation, stock code 6645, closing price 6560, change 131, 4.31%.
Nitto Denko Corporation, stock code 6988, closing price 2489, change 26, 4.27%.
Honda Motor Co., stock code 7267, closing price 1574, change 21, 4.14%.
Otsuka Holdings Co., Ltd., stock code 4578, closing price 8828, change 118, 3.88%.
Kyocera Corporation sponsored ADR, stock code 6971, closing price 1719, change 15, 3.81%.
Suzuki Motor Corporation, stock code 7269, closing price 1618, change 29, 3.81%.
Terumo Corporation, stock code 4543, closing price 2944, change 12, 3.16%.
<4503> astellas pharma 1766 19 3.12
<8015> toyota tsusho 2709 32 3.11
<7731> nikon corp spons 1798 95 3.11
<5108> bridgestone corporation unsponsored adr 5681 92 3.03
<7203> toyota motor 2581 18 2.88
<2801> kikkoman 1676 18 2.88
<9433> kddi corporation 4795 14 2.76
<4021> nissan chemical 5326 81 2.66
<6902> Denso 2141 19 2.43
Top decreasing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
<6857> Advantech 7538 -101 -26.57
<8035> Toei Electric 25515 -255 -25.15
<6098> Recruit Holdings 9604 -115 -11.34
<8267> Aeon 3542 -336 -11.05
<6954> Fanuc Corp 4071 -49 -8.06
<7832> Bandai Namco Holdings, 3415, -81, -7.99
<6762> TDK, 1899, -16, -7.89
<4519> Chugai Pharmaceutical, 6949, -79, -7.79
<6920> Lasertec Corporation, 24250, -420, -5.52
<9613> NTT Data Corporation, 2535, -29.5, -4.85
<9843> Nitori Holdings, 21370, -235, -3.86
<6146> Disco Corporation, 37370, -480, -3.16
<5803> Fujikura, 5170, -76, -2.50
Nidec Corporation sponsored ADR, 3000, -44, -2.31
Nexon, 2747, -32, -2.10
Keisei Electric Railway, 3930, -123, -2.02
Mercari, 2511, -58.5, -1.92
Toppan, 4382, -110, -1.81
SCREEN Holdings Co.,Ltd., 10420, -125, -1.64
ZOZO Inc., 5372, -47, -1.55