Ｈ 38725Chicago Nikkei Average Futures (CME) (2nd)
DEC24
O 38315 (In dollars)
H 38725
L 37985
C 38630 Tokyo Stock Exchange +160 (Evening +10)
Vol 6480
DEC24
O 38285 (in yen)
H 38715
L 37955
C 38615, +145 compared to the Tokyo Stock Exchange (-5 compared to the evening)
Volume 21953
Overview of American Depositary Receipts (ADR) (2nd)
In the ADR market, compared to the Tokyo Stock Exchange rate (1 dollar = 149.54 yen), Tokyo Electron <8035>, Advantest <6857>, Disco <6146>, SoftBank G <9984>, Mitsui & Co. <8031> rose, while Japan Post Bank <7182>, Sony <6758>, Japan Post <6178>, Seven & I Holdings <3382>, Japan Tobacco Inc <2914>, etc. declined, with mixed overall performance.
Code Company Name Closing Price Change from Previous Day Japanese Yen Conversion Price Comparison with Japanese Closing Price
| 7203 (TM.N) | toyota motor | 175.81 | 5.18 | 2629 | 18 |
| 8306 (MUFG.N) | mizuho financial group | 12.15 | 0.24 | 1817 | -9.5 |
| toyota boshoku corp | tokyo electron | 80.37 | 2.15 | 24037 | 397 |
| 6758 (SONY.N) | Sony | 20.01 | -0.04 | 2992 | -22 |
| takeda pharmaceuticals sp adr (NTTYY) | ntt | 25.97 | 0.32 | 155 | -0.2 |
| ortivio corr technology corp adr (MTSUY) | Mitsubishi Corporation | 17.15 | 0.28 | 2565 | 0 |
| 6501 (Mitsubishi Corporation) | Hitachi Ltd Sponsored ADR | 52.65 | 2.37 | 3937 | -9 |
| 9983 (FRCOY) | Fast Retailing | 33.87 | -0.23 | 50649 | 219 |
| Japan Tobacco Inc (SFTBY) | SoftBank Group | 30.04 | 0.09 | 8984 | 78 |
| Canon Inc-Spons ADR (SHECY) | Shin-Etsu Chemical Co., Ltd. | 18.55 | 0.01 | 5548 | 2 |
| 8001 (ITOCY) | ITOCHU Corporation | 100.32 | 1.37 | 7501 | -1 |
| Sumitomo Mitsui Financial Group (SMFG.N) | Mitsui Sumitomo Financial Group | 15.27 | 0.46 | 3806 | -17 |
| 8031 (MITSY) | Mitsui & Co., Ltd. | 431.00 | 11.20 | 3223 | 26 |
| 6098 (RCRUY) | Recruit Holdings | 14.22 | 0.35 | 10632 | 12 |
| 4568 (DSNKY) | Daiichi Sankyo | 32.56 | 0.81 | 4869 | -2 |
| takeda pharmaceuticals sp adr (KDDIY) | kddi corporation | 16.52 | 0.02 | 4941 | -16 |
| 7974 (NTDOY) | Nintendo Co Ltd | 14.74 | 0.09 | 8817 | -38 |
| 8766 (TKOMY) | Tokio Marine Holdings Inc. | 38.48 | 1.24 | 5754 | 45 |
| 7267 (Honda Motor Co Ltd) | Honda Motor Co., Ltd. | 26.06 | 0.16 | 1299 | -3 |
| 2914 (JAPAY) | Japan Tobacco Inc | 14.04 | -0.04 | 4199 | -22 |
| 6902 (DNZOY) | Denso | 14.47 | 0.13 | 2164 | -3.5 |
| 4519 (CHGCY) | Chugai Pharmaceutical Co., Ltd. | 22.05 | 0.05 | 6595 | -10 |
| 4661 (OLCLY) | Orient Land Co., Ltd. | 23.36 | -0.28 | 3493 | 5 |
| 8411 (Mitsubishi UFJ Financial Group, Inc.) | Mizuho Financial Group | 5.21 | 0.13 | 3896 | 17 |
| 6367 (DKILY) | Daikin Industries, Ltd. unsponsored adr | 12.12 | 0.05 | 18124 | -46 |
| 4502 (TAK.N) | Takeda Pharmaceuticals sp adr | 13.86 | 0.24 | 4145 | 26 |
| 7741 (HOCPY) | Hoya | 131.05 | 1.97 | 19597 | 72 |
| 6503 (MIELY) | Mitsubishi Electric Corp. | 34.22 | 0.10 | 2559 | -9.5 |
| 6981 (MRAAY) | 村田製作所 | 8.32 | -0.04 | 2488 | -6.5 |
| 7751 (CAJPY) | Canon Inc - sponsored ADR | 32.74 | 0.17 | 4896 | -8 |
| 6273 (SMCAY) | SMC | 21.57 | 0.23 | 64512 | -78 |
| 7182 (JPPTY) | Japan Post Bank | 9.00 | 0.30 | 1346 | -118 |
| 6146 (DSCSY) | Disco | 28.00 | 0.70 | 41871 | 541 |
| 3382 (SVNDY) | セブン&アイ・HD | 17.31 | 0.02 | 2589 | -17 |
| 8053 (SSUMY) | 住友商事 | 21.82 | 0.36 | 3263 | -1 |
| 6702 (FJTSY) | Fujitsu | 19.07 | -0.02 | 2852 | -11 |
| 6201 (TYIDY) | toyota automatic loom works | 75.72 | 1.17 | 11323 | 68 |
| 5108 (BRDCY) | Bridgestone Corporation Unsponsored ADR | 17.91 | 0.05 | 5357 | 1 |
| 6178 (JPPHY) | Japan Post Holdings | 10.26 | 0.67 | 1534 | -11 |
| 8002 (MARUY) | Marubeni | 152.56 | 2.36 | 2281 | -1 |
| 6723 (RNECY) | renesas | 6.80 | 0.26 | 2032 | 14.5 |
| 6954 (FANUY) | ファナック | 13.10 | 0.13 | 3918 | -12 |
| 8725 (MSADY) | MS&ADインシHD | 22.91 | 0.71 | 3426 | -12 |
| 8801 (MTSFY) | Mitsui Fudosan | 25.40 | 0.20 | 1266 | 0 |
| mitsubishi electric corp. unsponsored adr (KMTUY) | komatsu | 27.20 | 0.13 | 4067 | 1 |
| fuji heavy industries ltd unsponsored adr (FUJIY) | fujifilm | 11.33 | 0.07 | 3389 | -14 |
| 6594 (NJDCY) | nippon electric co ltd | 4.63 | 0.06 | 2769 | 20.5 |
| 6857 (ATEYY) | Advantest | 57.10 | 1.80 | 8539 | 118 |
| TRUMY (4543) | Terumo | 20.49 | 0.10 | 3064 | -4 |
| 8591 (IX.N) | orix | 114.20 | 1.38 | 3415 | -4 |
(Ranked 50th in market capitalization, equivalent to 1 dollar = 149.54 yen)
"Top 5 ADR Gainers" (2nd)
Code Stock Name Closing Price Japanese Yen Conversion Price Japanese Closing Price Comparison (%)
| 8830 (SURYY) | sumitomo realty | 17.00 | 5084 | 410 | 8.77 |
| 7259 (ASEKY) | Aisin Seiki | 11.40 | 1705 | 109 | 6.83 |
| 9107 (KAIKY) | Kawasaki Kisen Kaisha, Ltd. | 13.68 | 2046 | 34 | 1.69 |
| toyota boshoku corp | tokyo electron | 80.37 | 24037 | 397 | 1.68 |
| 6857 (ATEYY) | Advantest | 57.10 | 8539 | 118 | 1.40 |
"Top 5 ADR Stocks with the Highest Decline Rates" (2nd day)
Code Stock Name Closing Price Japanese Yen Conversion Price Japanese Closing Price Comparison (%)
| 7182 (JPPTY) | Japan Post Bank | 9.00 | 1346 | -118 | -8.06 |
| 8750 (DLICY) | Dai-ichi Life Holdings | 26.60 | 3978 | -327 | -7.60 |
| 8601 (DSEEY) | Daiwa Securities Group Inc. | 6.56 | 981 | -45.5 | -4.43 |
| 5020 (JXHLY) | ENEOS | 10.48 | 784 | -35.7 | -4.36 |
| 9503 (KAEPY) | kansai electric power co inc | 6.56 | 1962 | -33.5 | -1.68 |
"Overview of the U.S. Stock Market" (2nd)
NYDOW
Closing Price: 44,782.00 Change from Previous Day: -128.65
Opening price: 44925.86 High: 45001.66 Low: 44710.16
Year-to-date high: 44910.65 Year-to-date low: 37266.67
Previous Year High: 37,710.10, Previous Year Low: 31,819.14
NASDAQ
Closing price: 19403.95 Net change: 185.78
Opening price: 19255.43 High: 19436.92 Low: 19255.43
Year-to-date high: 19403.95 Year-to-date low: 14510.30
Previous Year High: 15,099.18, Previous Year Low: 10,305.24
S&P 500
Closing price: 6047.15, compared to the previous day: +14.77.
Opening price: 6040.11, High: 6053.58, Low: 6035.33.
Year-to-date high: 6047.15, Year-to-date low: 4688.68.
Previous Year High: 4,783.35, Previous Year Low: 3,808.10
US 30-year Treasury yield: 4.366%, US 10-year Treasury yield: 4.191%.
Mixed performance in the US stock market. The Dow Jones Industrial Average closed at 44,782.00, down 128.65 points, while the Nasdaq ended trading at 19,403.95, up 185.78 points.
This week, ahead of the release of important economic indicators such as employment statistics, adjustments intensified, leading to a mixed opening. The Dow was cautious throughout the day due to concerns about rising long-term interest rates, geopolitical risks in the Middle East, and the possibility of the French cabinet facing a collapse vote of no confidence. The Nasdaq was firm and set record highs with support from the technology sector. The market closed with mixed results. In terms of sectors, auto manufacturers, auto parts, and broadcasting & entertainment rose, while utilities industry declined.
Electric vehicle manufacturer Tesla (TSLA) rose as analysts raised target stock prices and updated self-driving software. Server manufacturer Super Micro Computer (SMCI) announced that there was no evidence of wrongdoing following an external review by a special committee, and also recommended the appointment of a new Chief Financial Officer, Chief Accounting Officer, and Chief Compliance Officer, leading to views that they will avoid delisting from the Nasdaq stock exchange.
Membership warehouse retailer Costco Wholesale (COST) and household goods seller Wayfair (W) were bought on expectations of increased sales during the year-end shopping season. Cruise operators Royal Caribbean Cruises (RCL) and Carnival (CCL) saw their stock prices rise as analysts anticipate strong performance and raise target prices. Semiconductor company Intel (INTC) declined due to poor performance prompting CEO Gelsinger's immediate resignation announcement, leading to concerns about limited options for business transformation.
Software company Zscaler (ZS) reported quarterly earnings after the market close. Their adjusted earnings per share forecast for the second quarter fell below market expectations, leading to selling in extended hours trading.
(Horiko Capital Management LLC)