[Nikkei Stock Average and TOPIX (Table)]

Nikkei Average; 38911.04; +189.38

TOPIX; 2716.54; +8.12

[Sector]: Mining, insurance, banking, transportation equipment, wholesale trade, etc. are the top decliners, while pharmaceuticals, precision instruments, and electric and gas industries rose. The turnover of the Tokyo Stock Exchange Prime includes Laser Tech <6920>, Mirrors HD <8897>, Kawasaki Shipbuilding <9107>, Dai-ichi Life HD <8750>, Recruit HD <6098>, Marubeni <8002>, Mitsui & Co. <8031>, Honda <7267>, SMC <6273>, INPEX <1605>, Nissan Motor <7201>, and Nomura <8604>, all of which fell. Meanwhile, Nitori Holdings <9843>, Rakuten Group <4755>, and Daiichi Sankyo <4568>, among others, have risen.

On the 14th, the Nikkei Average started trading at 38911.04 yen, up 189.38 yen, marking a rebound after three days. The previous day, the US stock market was mixed. The Dow was up 47.21 dollars at 43958.19 dollars, while the Nasdaq closed down 50.68 points at 19230.73. As the October Consumer Price Index (CPI) matched financial estimates, buying began for a sense of security, leading to a strong opening. Simultaneously, the CPI raised expectations for additional interest rate cuts at the Federal Open Market Committee (FOMC) in December, boosting the market further. The Dow remained robust throughout the day, but the Nasdaq lost momentum towards the end and turned down.

Today, the Tokyo stock market was favored by buying. The increase in the Dow on the US stock market yesterday supported stock prices in the Tokyo market. Furthermore, the foreign exchange market remained at about 155.50 yen per dollar, continuing the trend of yen depreciation and dollar appreciation, which supported stock prices of export companies in Tokyo. Additionally, the ongoing earnings reports from major companies for the April-September period boosted sentiment towards stocks with good earnings, serving as a support factor for stock prices. On the other hand, although the Dow rose slightly in the US stock market yesterday, the Nasdaq Composite Index and the Philadelphia Semiconductor Index (SOX index), which consists of major semiconductor-related stocks, fell, weighing on the stock prices of tech and semiconductor-related stocks in the Tokyo market. There were also continued concerns regarding the policies of the incoming Trump administration in the USA, but buying was predominant at the opening stage. Additionally, according to the situation of foreign and domestic securities trading contracts released before the start of trading (weekly), overseas investors have been net buyers of domestic stocks for seven consecutive weeks from November 3-9, with a net purchase amount of 513.9 billion yen.

By sector, transportation equipment, rubber products, warehouse and transportation-related, wholesale trade, and nonferrous metals saw the highest percentage increases, while oil & coal products, electrical utilities, mining, land transportation, and metal products saw the largest declines. Among the top trading volumes on the Tokyo Stock Exchange main board were Mitsui E&S <7003>, Sumitomo Electric <5802>, Mercari <4385>, Komatsu <6301>, Furukawa Electric <5801>, Panasonic HD <6752>, Toyota <7203>, Itochu <8001>, Mitsui Sumitomo Trust <8309>, nintendo co ltd <7974>, Mitsubishi Heavy <7011>, Honda <7267>, and Fast Retailing <9983>, all rising. Meanwhile, declines were noted for Mitsukoshi Isetan <3099>, Lasertec <6920>, rakuten <4755>, Disco <6146>, 7&i HD <3382>, Tokyo Electric Power HD <9501>, Renesas <6723>, Tokyo Electron <8035>, INPEX <1605>, Nissan <7201>, HOYA <7741>, sony group corp <6758>, and Advantest <6857>.