ADR (American Depositary Receipt) Japanese stocks such as Japan Post <6178>, SMC <6273>, Mizuho Financial Group <8411>, Mitsubishi Corporation <8058>, Mitsubishi UFJ Financial Group <8306>, SoftBank Group <9984>, Sumitomo Mitsui Financial Group <8316>, etc. rose compared to the Tokyo Stock Exchange (1 dollar equivalent to 153.24 yen), generally somewhat leaning towards buying. Chicago Nikkei 225 futures settlement price closed at 38,605 yen, down 65 yen from Osaka daytime trading.

The U.S. stock market rose. The Dow Jones Industrial Average closed at 42,387.57, up 273.17 points, while the Nasdaq closed at 18,567.19, up 48.58 points. Limited retaliatory attacks by Israel against Iran eased concerns about escalating tensions in the Middle East, leading to an increase in trading post-opening. Following expectations of strong earnings reports from major tech companies scheduled for this week, buying continued to rise. The Nasdaq, wary of rising long-term interest rates towards the end, faltered, but the market remained strong throughout the day and closed.

On the 28th in the New York foreign exchange market, the dollar-yen pair initially declined to 152.41 yen, then rose to 153.37 yen before closing at 153.25 yen. With the drop in crude oil prices, the decline in interest rates led to a predominance of selling dollars. Subsequently, the unexpected improvement in the U.S. October Dallas Fed manufacturing activity index, along with lackluster results from the U.S. 2-year and 5-year bond auctions, caused bond yields to rise, prompting a resurgence in dollar purchases. Following the results of the lower house election, speculation about a December additional rate hike by the Bank of Japan receded, further fueling yen selling. The Euro-dollar pair rose to 1.0828 dollars, then fell to 1.0810 dollars before closing at 1.0816 dollars.

NY crude oil futures for December plummeted (NYMEX crude oil December futures closing price: 67.38, down 4.40).

Top ADR gainers on the 28th:

Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate

<8830> Sumitomo Realty $17 5210 yen (up 608 yen) +13.21%

<6178> Japan Post $10 1532 yen (up 157 yen) +11.42%

Kawasaki Kisen Kaisha, Ltd. unsponsored adr at $15.08, ¥2311 (¥198) +9.37%.

Nitto Denko at $16.36, ¥2507 (¥72.5) +2.98%.

Kikkoman Co., Ltd. unsponsored adr at $24.1, ¥1847 (¥52) +2.9%.

ADR bottom performing stocks (28th)

Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate

Japan Post Bank at $7.85, ¥1203 (-¥139) -10.36%.

Dai-ichi Life Holdings, Inc. unsponsored adr at $22.2, ¥3402 (-¥352) -9.38%.

Nomura Holdings, Inc. at $6.32, ¥968 (-¥38.5) -3.83%.

Aisin Seiki Co., Ltd. at $10.65, ¥1632 (-¥51) -3.03%

Olympus Corporation at $17.13, ¥2625 (-¥53) -1.98%

■ Other ADR Stocks (28th)

Code name closing price (dollar) Japanese yen conversion price Japan closing price comparison

Japan Tobacco Inc at $13.43, ¥4116 (-¥17)

Seven & I Holdings Co., Ltd. at $14.91, ¥2285 (¥6)

Shin-Etsu Chemical Co., Ltd. at $18.21, ¥5581 (-¥12)

Takeda Pharmaceuticals SP ADR at $13.6, ¥4168 (¥35)

<4519> Nichi-Iko Pharmaceuticals $25.57 7837 yen (-18 yen)

<4543> Terumo $18.84 2887 yen (0.5 yen)

<4568> Daiichi Sankyo $32.02 4907 yen (19 yen)

<4661> Orient Land $23.57 3612 yen (-2 yen)

<4901> Fujifilm Holdings $11.87 3638 yen (-10 yen)

<5108> Bridgestone Corporation $18.03 5526 yen (22 yen)

<6098> Recruit Holdings $11.98 9179 yen (-38 yen)

<6146> DISCO $25.9 39689 yen (19 yen)

<6178> Japan Post $10 1532 yen (157 yen)

<6201> Toyota Industries $75 11493 yen (23 yen)

<6273> SMC $21.14 64790 yen (960 yen)

<6301> Komatsu $26.19 4013 yen (8 yen)

<6367> Daikin Industries $11.94 18297 yen (-33 yen)

<6501> Hitachi Ltd Sponsored ADR $52.68 4036 yen (12 yen)

<6503> Mitsubishi Electric Corp. Unsponsored ADR $30.55 2341 yen (0.5 yen)

<6594> Nidec $5.27 3230 yen (27 yen)

<6702> Fujitsu $19.4 2973 yen (+2 yen)

<6723> Renesas $6.8 2084 yen (-15.5 yen)

<6758> Sony $17.75 2720 yen (+22 yen)

<6857> Advantest $53.2 8152 yen (-29 yen)

<6902> Denso $13.98 2142 yen (-9 yen)

<6954> Fanuc Corp $13.06 4003 yen (-13 yen)

<6981> Murata Manufacturing $9.01 2761 yen (-16 yen)

<7182> Japan Post Bank $7.85 1203 yen (-139 yen)

<7203> Toyota Motor $176.63 2707 yen (¥0)

<7267> Honda Motor $31 1583 yen (¥1)

<7741> HOYA $131.43 20140 yen (¥40)

<7751> Canon Inc-Spons ADR $32.87 5037 yen (-¥9)

<7974> Nintendo Co Ltd $13.3 8152 yen (-¥8)

<8001> Itochu Corp $98.95 7582 yen (¥43)

<8002> Marubeni Corp $153.87 2358 yen (¥9.5)

<8031> Mitsui & Co Ltd $413.8 3171 yen (¥19)

<8035> Tokyo Electric Co. is at $77.5 and ¥23752 (-$108)

<8053> Sumitomo Corp. is at $21.41 and ¥3281 (+$10)

<8058> Mitsubishi Corp. is at $18.5 and ¥2835 (-$30)

<8306> Mitsubishi UFJ Financial Group Inc. is at $10.3 and ¥1578 (-$16)

<8316> Mitsui Sumitomo Financial Group Inc. is at $12.48 and ¥3187 (-$27)

<8411> Mizuho Financial Group Inc. is at $4.12 and ¥3157 (-$42)

<8591> Orix is at $105.78 and ¥3242 (-$9)

<8725> MS&AD Insurance Group Holdings Inc. is at $22.22 and ¥3405 (-$15)

Tokio marine holdings, inc. 36.2 dollars 5547 yen (+26 yen)

Mitsui fudosan co ltd 26 dollars 1328 yen (+6 yen)

Nippon telegraph & telephone corp 23.93 dollars 147 yen (+0.2 yen)

Kddi corporation 15.49 dollars 4747 yen (-17 yen)

Fast retailing co ltd 32.71 dollars 50125 yen (-305 yen)

Softbank group corp 29.69 dollars 9099 yen (+90 yen)