Growth market index on the Tokyo Stock Exchange: 824.18 +10.31 / volume 0.2 billion 14.71 million shares / turnover 131.6 billion yen.
Growth market 250 index on the Tokyo Stock Exchange: 643.97 +9.59 / volume 0.1 billion 49.2 million shares / turnover 97.7 billion yen.
Today's growth market saw significant gains in the Tokyo Stock Exchange Growth Market Index and the Tokyo Stock Exchange Growth Market 250 Index, with 278 gainers, 268 losers, and 44 unchanged.
Today's growth market had a solid performance. The U.S. market on the 28th was closed for the Thanksgiving holiday. Despite the closure of the U.S. market, the Tokyo metropolitan area consumer price index released in the morning exceeded market expectations, leading to speculation of a rate hike by the Bank of Japan. This caused the USD/JPY to break into the 149 yen range for the first time in a month. With the yen's strength in mind, the Tokyo Stock Exchange Growth Market Index started lower after the opening bell. However, it quickly rose into positive territory and extended its gains from mid-morning. It reached a high of 825 points in the afternoon and closed trading in the high range. While key stocks in the main board market showed lackluster movements, the Nikkei Stock Average and TOPIX remained in negative territory. On the other hand, funds flowed into emerging markets with many small-cap stocks related to domestic demand, deemed less affected by exchange rate fluctuations. Due to the lack of clues from the U.S. market being closed the previous day, some investors turned to bargain hunting in emerging markets.
However, it immediately rose into positive territory and widened its gains around midday. The buying trend continued into the afternoon session, further expanding the gains to reach a high of 825 points before closing trading at a high. While key stocks in the main board market showed somewhat subdued movements and the Nikkei Stock Average and TOPIX remained in the negative, funds flowed into emerging markets perceived to be less affected by exchange rate movements. Additionally, with the U.S. market closed the day before causing a lack of guiding material, there could have been a shift towards bargain hunting in emerging markets.
Noteworthy individual stocks include WealthNavi <7342>, which attracted attention due to acquisition reports by Mitsubishi UFJ <8306>, with a 28% increase hitting the daily limit up, and Last One Mile <9252> which saw an 18% increase due to dividend announcements and mid-term management plan announcements attracting investment funds. Furthermore, Headwaters <4011> announced a strategic capital business tie-up with BTM <5247> and rose by 17% hitting the daily limit up. Among the top market capitalization stocks, Trial <141A> and Free <4478> showed strong performance. QPS Research Institute <5595>, Japan Warranty Support <7386>, and Data Horizon <3628> appeared among the top gainers.
On the other hand, Digital Lift <9244>, which had surged the day before, fell by 22% due to profit-taking dominance, and AR Advanced Technology <5578>, which had been seeing selling momentum since the previous day, declined by 11%. Additionally, Data Section <3905>, which has been experiencing recent weakness, dropped by 8%. Among the top market capitalization stocks, GENDA <9166> and Integral <5842> showed subdued performance. Among the top losers were Japan Denki <5759>, Logly <6579>, and Perseus Proteomics <4882>.
In the Tokyo Stock Exchange Growth Market Core Index, Trial, Free, GNI Group <2160>, among others, rose.
[Top 10 gainers and losers on the Tokyo Stock Exchange Growth Market]
Top 10 gainers
koss corp | Stock Symbol | Current Price | Change from Previous Day | Ratio compared to the previous period | |
1 | 7342 | WealthNavi | 1358 | 300 | 28.36 |
2 | 5247 | BTM | 2254 | 400 | 21.57 |
3 | 9252 | The last mile | 2517 | 385 | 18.06 |
4 | 5595 | QPS Research Institute | 1570 | 229 | 17.08 |
5 | 4011 | Headwater | 10320 | 1500 | 17.01 |
6 | 7386 | JWS | 3160 | 409 | 14.87 |
7 | 3628 | Data HR | 454 | 54 | 13.50 |
8 | 4413 | Bordeaux | 5470 | 515 | 10.39 |
9 | 4418 | JDSC | 1024 | 79 | 8.36 |
10 | 5246 | ELEMENTS | 543 | 39 | 7.74 |
Top 10 declining percentage | Code | Stock name | Current price | Previous day difference | Previous ratio |
koss corp | Stock Symbol | Current Price | Change from Previous Day | Ratio compared to the previous period | |
1 | 5759 | Japan Electrolysis | 73 | -364 | -83.30 |
2 | 9244 | Digital lyft inc | 792 | -230 | -22.50 |
3 | 5578 | AR Advanced | 1360 | -170 | -11.11 |
4 | 6579 | Logly | 400 | -40 | -9.09 |
5 | 3905 | データセク | 839 | -75 | -8.21 |
6 | 190A | Chordia | 254 | -22 | -7.97 |
7 | 4882 | Perseus | 735 | -63 | -7.89 |
8 | 5858 | STG | 2700 | -229 | -7.82 |
9 | 4597 | Sorejia | 53 | -4 | -7.02 |
10 | 218A | リベラウェア | 445 | -31 | -6.51 |