In the American depositary receipt (ADR) Japanese stocks, Yucho Bank <7182>, Nidec <6594>, Disco <6146>, Renesas <6723>, Bridgestone <5108>, Recruit Holdings <6098>, Mitsui & Co <8031>, among others, fell, with overall selling pressure. The settlement price of Chicago Nikkei 225 futures was 150 yen lower than Osaka daytime trading at 39,260 yen, based on the Tokyo Stock Exchange comparison (converted at 1 dollar = 154.53 yen).
The US stock market declined. The Dow Jones fell by 382.15 points to 43,910.98, while the Nasdaq ended trading at 19,281.40, down 17.36 points. Near the all-time high levels, cautious trading increased after the opening, resulting in mixed performances. With no new buying catalysts, further profit-taking due to temporary highs pushed the market lower. Throughout the day, concerns about an improvement in economic outlook and fears of rising long-term interest rates amid easing rate cut expectations led to a soft trend. The caution ahead of tomorrow's release of the Consumer Price Index (CPI) also served as a selling point, leading to sluggish rebounds and eventual close.
In the New York foreign exchange market on the 12th, the Dollar-Yen pair rose from 154.05 yen to 154.92 yen, closing at 154.62 yen. Improved economic prospects led to increased dollar buying as long-term interest rate increases amid speculation of a slowdown in the Federal Reserve Board's rate cuts. The Euro-Dollar pair fell from 1.0627 dollars to 1.0595 dollars, closing at 1.0625 dollars. Unexpected deterioration in the German November ZEW Economic Sentiment Index, coupled with fears that tariff policies by the upcoming Trump administration could slow European economic growth and potentially lead to aggressive rate cuts by the European Central Bank (ECB), continued to exert selling pressure on the Euro.
NY Crude Oil futures for December edged slightly higher (NYMEX Crude Oil December futures closing price: 68.12, up 0.08).
Top ADR Stock Gainers (12th)
Security Code, Company Name, Closing Price (Dollars), Japanese Yen Conversion Price, Japan Closing Price Difference, Change Rate
Kawasaki Kisen <9107> $14.7 2272 yen (156 yen) +7.37%
Sumitomo Realty <8830> $17 5254 yen (357 yen) +7.29%
<8035> Tokyo Electric at $76.6, ¥23,674 (+¥1069) +4.73%.
<2801> Kikkoman at $23.3, ¥1,800 (+¥75) +4.35%.
<9503> Kansai Electric at $8.25, ¥2,550 (+¥101.5) +4.15%.
Top ADR stock losers (12th)
Security Code, Company Name, Closing Price (Dollars), Japanese Yen Conversion Price, Japan Closing Price Difference, Change Rate
<7182> Japan Post Bank at $8.6, ¥1,329 (-¥117.5) -8.12%.
<7259> Aisin Seiki at $9.65, ¥1,491 (-¥131.5) -8.1%.
<3659> Nexon at $15.37, ¥2,375 (-¥197.5) -7.68%.
<8750> Dai-ichi Life HD $25.2 ¥3894 (-¥322) -7.64%
<6752> Panasonic $9.01 ¥1392 (-¥52.5) -3.63%
Other ADR stocks (12th)
Code name closing price (dollar) Japanese yen conversion price Japan closing price comparison
<2914> Japan Tobacco Inc $13.51 ¥4175 (-¥29)
<3382> Seven & I Holdings HD $14.26 ¥2204 (-¥23.5)
<4063> Shin-Etsu Chemical Co $18.49 ¥5715 (-¥48)
<4502> Takeda Pharmaceuticals Sp ADR $13.54 ¥4185 (-¥36)
<4519> Chugai Pharmaceutical Co., Ltd. $23.55 7278 yen (-38 yen)
<4543> Terumo Corporation $20.03 3095 yen (-21 yen)
<4568> Daiichi Sankyo Company, Limited $31.2 4821 yen (-29 yen)
<4661> Oriental Land Co., Ltd. $24.56 3795 yen (-7 yen)
<4901> Fujifilm Holdings Corporation $11.12 3437 yen (-32 yen)
<5108> Bridgestone Corporation $17.67 5461 yen (-85 yen)
<6098> Recruit Holdings Co., Ltd. $13.16 10168 yen (-142 yen)
<6146> DISCO Corporation $27.8 42959 yen (-791 yen)
<6178> Japan Post $10.06 1555 yen (-43 yen)
<6201> Toyota Industries $71.6 11064 yen (-$76)
<6273> SMC $21.81 67406 yen (+16 yen)
<6301> Komatsu $26.94 4163 yen (-35 yen)
<6367> Daikin Industries, Ltd. Unsponsored ADR $12.14 18760 yen (-105 yen)
<6501> Hitachi Ltd Sponsored ADR $51.3 3964 yen (-33 yen)
<6503> Mitsubishi Electric Corp. Unsponsored ADR $34.54 2669 yen (-4.5 yen)
<6594> Nippon Denso Co Ltd $4.6 2843 yen (-53 yen)
Fujitsu at $17.92, ¥2769 (-¥17).
Renesas at $6.86, ¥2120 (-¥36.5).
Sony at $18.67, ¥2885 (-¥36).
Advantest at $61.2, ¥9457 (-¥57).
Denso at $15, ¥2318 (-¥19.5).
Fanuc at $13.37, ¥4132 (-¥42).
Murata Manufacturing at $8.49, ¥2624 (-¥21).
Japan Post Bank at $8.6, ¥1329 (-¥117.5).
Toyota Motor is at $174.99, 2704 yen (-13 yen).
Honda Motor is at $26.6, 1370 yen (-13.5 yen).
HOYA is at $134.62, 20803 yen (-137 yen).
Canon is at $32.2, 4976 yen (-29 yen).
Nintendo Co Ltd is at $13.48, 8332 yen (-8 yen).
ITOCHU is at $102.68, 7934 yen (-45 yen).
MARUBENI is at $157.06, 2427 yen (-21 yen).
Mitsui & Co Ltd is at $409.41, 3163 yen (-41 yen).
Tokyo Electric at $76.6, ¥23674 (¥1069)
Sumitomo Corporation at $21.07, ¥3256 (-¥25)
Mitsubishi Corporation at $17.67, ¥2731 (¥30.5)
Mitsubishi UFJ Financial Group at $11.57, ¥1788 (-¥3.5)
Mitsui Sumitomo Financial Group at $13.94, ¥3590 (¥2)
Mizuho Financial Group at $4.51, ¥3485 (¥31)
Orix at $111.5, ¥3446 (¥7)
MS&AD Insurance Group Holdings at $23.54, ¥3638 (-¥31)
<8766> Tokio Marine Holdings at $38.31, 5920 yen (-$61)
<8801> Mitsui Fudosan at $25, 1288 yen (-$10.5)
<9432> NTT at $24.43, 151 yen (-$0.8)
<9433> KDDI at $16.04, 4957 yen (-$39)
<9983> Fast Retailing at $32.16, 49697 yen (-$183)
<9984> SoftBank Group at $30.95, 9565 yen (+$156)