At the closing time one day ago, the number of rising stocks in the Nikkei Average constituent stocks was 35, with 188 falling stocks and 2 unchanged stocks.
Nikkei average continued to decline significantly. It closed at 38,196.53 yen (volume approximate 0.99 billion shares) with a decrease of 884.72 yen (-2.26%) from the previous day's close after the morning session.
The U.S. stock market continued to decline on October 31st. The Dow Jones fell 378.08 points to 41,763.46, while the Nasdaq ended trading at 18,095.15, down 512.78 points. The core PCE price index exceeded expectations leading to a drop after the opening bell. Concerns about the worsening Middle East situation due to reports of Iran preparing for a massive retaliatory attack against Israel also contributed to the selling pressure.
Due to the decline in technology stocks in the U.S. market, the Tokyo market started with a selling bias. The Nikkei average started around 38,500 yen, then widened its losses. Laser Tech <6920> and Socionext <6526> plummeted as semiconductor stocks declined noticeably. The trading volume in the morning prime market exceeded 2.2 trillion yen, remaining active.
In the Nikkei average constituent stocks, Laser Tech faced a significant decline due to missing market consensus, while Socionext, Fujitsu <6702>, Nikon <7731>, Sumitomo Heavy <6302> were also under selling pressure due to disappointing earnings. Additionally, Fujikura <5803>, Furukawa Electric <5801> and other electric wire stocks showed weakness. Shiseido Company,Limited Sponsored ADR <4911>, SoftBank Group Corp <9984>, AGC Inc <5214>, Tokyo Electron Ltd. Unsponsored ADR <8035>, JT <2914>, among others, were sold off.
However, Mitsubishi Electric Corp. Unsponsored ADR <6503>, Panasonic <6752> saw noticeable gains due to earnings reports, while Keisei Electric Railway <9009> surged on business alliance and stock splits with Aeon <8267>. Chiba Bank <8331>, Resona Holdings <8308>, Shizuoka Bank <5831>, Concordia Financial Group <7186>, and other banking stocks held firm. JTEKT Corp <6473>, NGK Insulators <5333>, Nichirei Corp <2871>, Kyowa Kirin Co <4151> were also bought up.
Among the industry categories, nonferrous metals, chemicals, airlines, electric appliances, transportation equipment, etc., declined, whereas only banking stocks showed an increase.
The top contributor to the decline was SoftBank Group <9984>, which pushed the Nikkei Average down by about 101 yen with one stock. The second place was Tokyo Electron <8035>, followed by First Retailing <9983>, Advantest <6857>, Laser Tech <6920>, TDK <6762>, Shin-Etsu Chemical <4063>, and others.
On the other hand, the top contributing gainer was mitsubishi electric corp. unsponsored adr <6503>, which pushed the Nikkei average up by about 11 yen with one stock. Panasonic Corporation <6752> ranked second, followed by Fuji Electric Co., Ltd. <6504>, Keisei Electric Railway Co., Ltd. <9009>, Oriental Land Co., Ltd. unsponsored adr <4661>, NGK Insulators, Ltd. <5333>, JTEKT Corporation <6473>, etc.
*As of 11:30.
Nikkei Average Stock Price 38196.53 (-884.72)
Number of advancing stocks 35 (Contribution +32.96)
Number of declining stocks 188 (Contribution -917.68)
Number of unchanged stocks 2
○ Top advancing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
<6503> | Mitsubishi Electric Corp. | 2747 | 359 | 11.80 |
<6752> | Panasonic Corporation | 1367 | 129 | 4.23 |
<6504> | Fuji Electric | 8354 | 404 | 2.66 |
<9009> | Keisei Electric Railway | 4133 | 141 | 2.32 |
<4661> | Oriental Land Co., Ltd. unsponsored ADR | 3775 | 70 | 2.30 |
<5333> | Japanese ceramics | 1957 | 52 | 1.69 |
<6473> | JTEKT | 1088 | 42 | 1.38 |
<8331> | Chiba Bank | 1160 | 30 | 0.99 |
<2871> | Nippon | 4314 | 56 | 0.92 |
<6301> | komatsu | 4039 | 28 | 0.92 |
<4151> | Kyowa Kirin | 2550 | 27 | 0.87 |
<8830> | sumitomo realty | 4615 | 15 | 0.49 |
<5831> | しずおかFG | 1239 | 12 | 0.38 |
<7951> | Yamaha | 1248 | 4 | 0.35 |
<9107> | Kawasaki Kisen Kaisha, Ltd. | 2136 | 10 | 0.30 |
<9531> | Tokyo Gas | 3811 | 42 | 0.28 |
<9602> | Toho | 5873 | 46 | 0.15 |
<9007> | Odakyu Electric Railway | 1612 | 7 | 0.12 |
<4902> | Konica Minolta | 648 | 4 | 0.12 |
<9104> | Mitsui O.S.K. Lines | 5234 | 11 | 0.11 |
Top decreasing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
<9984> | SoftBank Group | 8985 | -513 | -101.21 |
<8035> | 東エレク | 22500 | -900 | -88.78 |
<9983> | Fast Retailing | 48540 | -980 | -87.00 |
<6857> | Advante | 8842 | -306 | -80.49 |
<6920> | Laser Tech | 19950 | -3525 | -46.36 |
<6762> | TDK | 1759 | -83.5 | -41.18 |
<4063> | Shin-Etsu Chemical | 5570 | -185 | -30.42 |
<6098> | Recruit Holdings | 9321 | -212 | -20.91 |
<6988> | Nippon Electric Glass Co., Ltd. | 2453 | -105.5 | -17.34 |
<6971> | Kyocera Corporation Sponsored ADR | 1511 | -62 | -16.31 |
<9613> | NTT Data Group | 2355 | -89.5 | -14.71 |
<6526> | socio next | 2531 | -391.5 | -12.87 |
<9766> | Konami Holdings Corporation | 13700 | -390 | -12.82 |
<4543> | Terumo | 2896 | -48.5 | -12.76 |
<6954> | ファナック | 4042 | -75 | -12.33 |
<5803> | Fujikura | 5383 | -349 | -11.48 |
<4519> | Chugai Pharmaceutical Co., Ltd. | 7234 | -106 | -10.46 |
<6146> | Disco | 42910 | -1560 | -10.26 |
<4568> | Daiichi Sankyo | 4885 | -96 | -9.47 |
<7203> | Toyota Motor | 2630 | -53 | -8.71 |