[Nikkei Stock Average TOPIX (table)]
Nikkei Average; 38206.43; -874.82
TOPIX; 2656.13; -39.38
[Backside Overview]
The backstage Nikkei Average started at 38206.43 yen, 874.82 yen lower than the previous day, almost at the same level as the previous draw (38196.53 yen). Nikkei 225 futures during lunchtime are in the range of 38080 yen to 38230 yen. The dollar and yen depreciated by about 30 yen from around 9:00 a.m., and the dollar was at a high level of 1 dollar = 152.30-40 yen. As for Asian market conditions, the Shanghai Composite Index has risen about 0.3% without a determined sense of direction with the previous day's closing price in between, while the Hong Kong Hang Seng Index has remained in the positive zone and has risen by about 0.8%.
The Nikkei Average in the back quarter started at about the same level as the previous closing. The Nikkei Average has fallen by more than 1000 yen in the previous total of yesterday and today, and there is a view that it is falling too far. Meanwhile, important events such as tonight's US employment statistics announcement and next week's US presidential election are ahead, and there is also a tendency to forego aggressive purchases ahead of the Tokyo market 3 consecutive holidays starting tomorrow.
In the sector, nonferrous metals, chemicals, and electrical equipment are at the top of the rate of decline, while banking is rising. Lasertech <6920>, Socionext <6526>, Fujitsu <6702>, Ibiden <4062>, Fujikura <5803>, Hitachi <6501>, Renesas <6723>, SoftBank G <9984>, IHI <7013>, and TDK <6762> have declined. Meanwhile, Mitsubishi Electric <6503>, Pana HD <6752>, Fuji Electric <6504>, Sakura <3778>, OLC <4661>, TEPCO HD <9501>, Kawasaki Ships <9107>, Takeda Pharmaceutical <4502>, Mizuho <8411>, and screen HD <7735> are rising.