[Nikkei Stock Average and TOPIX (Table)]

Nikkei average; 39610.43; +334.04

TOPIX; 2756.51; +15.91

[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 5th, the Nikkei average started trading at 39610.43 yen, up 334.04 yen, marking four consecutive days of gains. The US stock market on the previous day, the 4th, saw an increase. The dow inc was up 308.51 dollars at 45014.04 dollars, while the nasdaq closed up 254.21 points at 19735.12. The solid job growth recorded in the private sector's November ADP employment statistics confirmed a rise upon opening. The November ISM non-manufacturing index was lackluster and temporarily stalled, but strong growth expectations supported the market throughout the day. The decline in long-term interest rates also boosted high-tech stocks, further supporting the market. Toward the end, Federal Reserve Chair Powell expressed an optimistic view on the economy in an interview, and the economic activity expansion was confirmed in the Federal Reserve's published report (Beige Book), leading to a widening of gains in the market which set new record highs.

Today, buying led the Tokyo stock market. The main indexes rising in the US stock market yesterday supported stock prices in Tokyo. Among them, the nasdaq composite index, which has a high proportion of tech stocks, rose 1.30%, and the Philadelphia semiconductor stock index (SOX index), which comprises major semiconductor-related stocks, rose 1.71%, showing a greater rate of increase compared to the dow inc (up 0.69%), which served as a support factor for tech stocks and semiconductor-related stocks in the Tokyo market. Additionally, the US long-term interest rates, which temporarily rose in overseas markets yesterday, later declined, while in the foreign exchange market, 1 dollar traded around 150.30 yen, which was about 40 yen weaker compared to around 15:30 yesterday, providing a sense of security in the Tokyo market. On the other hand, given that the Nikkei average had surged over 1000 yen over the previous three consecutive days, there was pressure for profit-taking or waiting for pullbacks. Furthermore, the political turmoil in south korea dampened investor sentiment, but buying prevailed at the opening stage. According to the situation regarding external and domestic securities trading contracts (weekly) announced before trading commenced, foreign investors sold more domestic stocks for two consecutive weeks from November 24 to 30. The net sale amount was 607.7 billion yen.

By sector, securities, commodity futures, nonferrous metals, other products, banks, and services saw the highest increase rates, while mining, pulp & paper, marine transportation, chemicals, and pharmaceuticals had the highest decrease rates. In the top trading volumes of the Tokyo Stock Exchange main board, Monex G <8698>, Dai-ichi Life HD <8750>, Sumitomo Electric <5802>, Recruit HD <6098>, canon inc-spons adr <7751>, Advantest <6857>, Sakura <3778>, Furukawa Electric <5801>, Softbank G <9984>, Fujikura <5803>, HOYA <7741>, Kawasaki Heavy <7012>, and Tokyo Electron <8035> saw increases. On the other hand, Nitori HD <9843>, Dai-ichi Sankyo <4568>, Mitsui & Co <8031>, kddi corporation <9433>, Shin-Etsu Chemical <4063>, NTT <9432>, Kansai Electric <9503>, Renesas <6723>, INPEX <1605>, and Mitsui O.S.K. Lines <9104> experienced declines.