As of 10 days ago, the number of rising and falling stocks in the Nikkei average constituent stocks was 117 stocks rising, 104 stocks falling, and 4 stocks remained unchanged.

The Nikkei average continues to rise slightly, ending the morning trade at 39,197.42 yen, up 36.92 yen (+0.09%) from the previous day (estimated volume 0.8 billion 20 million shares).

The U.S. stock market fell on the 9th. The Dow average closed down 240.59 dollars at 44,401.93 dollars, while the Nasdaq was down 123.08 points at 19,736.69. After fluctuating around the previous highs, the market opened mixed. The Dow was initially bought on expectations of additional interest rate cuts by the Federal Reserve and China's economic support plans, but it turned lower due to selling pressure from geopolitical risks following the collapse of the Assad regime in Syria. The Nasdaq also declined, pressured by profit-taking and the drop in semiconductors like nvidia, leading to a decrease in the index. The market expanded its losses towards the end.

Although U.S. stocks fell, the Tokyo market started trading with a slight buying bias due to favorable factors like the weakening yen. The Nikkei average rose to the 39,400 yen range, but after the buying momentum subsided, it faced resistance as seen yesterday, leading to a reduction in gains. In the futures market, trading related to the special settlement value (SQ value) for December futures and options was the main focus, resulting in a lack of directional guidance for the index. There was a cautious stance ahead of the U.S. consumer price index announcement on the 11th.

In the Nikkei 225 constituent stocks, Disco Co., Ltd. <6146> continued to perform well, seen as a result of positive reports from brokerage firms. Sumitomo Metal Mining <5713> was bought due to rising copper prices, and china connect stocks such as shiseido company,limited sponsored adr <4911>, Yaskawa Electric <6506>, TOTO <5332>, and Omron <6645> were bought on expectations of China's economic policies. Additionally, Sony Group Corp <6758>, Marubeni <8002>, and Renesas Electronics <6723> also saw gains.

On the other hand, Rakuten Group <4755>, which had been bought recently, was sold. Additionally, Fujikura <5803>, Furukawa Electric <5801>, and Sumitomo Electric <5802> also saw lackluster performances. The news that the reactivation of the Kashiwazaki-Kariwa Nuclear Power Plant would be difficult within fiscal year 2024 led to selling in Mitsubishi Heavy Industries <7011> and Japan Steel Works <5631>. Furthermore, Hitachi <6501>, Fuji Electric <6504>, Kyowa Kirin <4151>, and Comsys Holdings <1721> also declined.

By industry, iron & steel, wholesale, transportation equipment, electric appliances, and mining sectors rose, while other products, insurance, nonferrous metals, pharmaceuticals, and securities & commodity futures sectors fell.

The top contributor to the increase was Tokyo Electron <8035>, which pushed the Nikkei average up by about 50 yen with one stock. The second place was Fanuc <6954>, followed by Sony Group <6758>, daikin industries, ltd. unsponsored adr <6367>, Suzuki <7269>, Omron <6645>, and Mitsui & Co. <8031>, etc.

On the other hand, the top contributor to the decline was Fast Retailing <9983>, which pushed the Nikkei average down by about 51 yen with one stock. The second place was taken by Konami Group <9766>, followed by Fujikura <5803>, Terumo <4543>, Chugai Pharmaceutical <4519>, Daiichi Sankyo <4568>, Nintendo <7974>, etc.

*As of 11:30.

Nikkei average stock price 39197.42 (+36.92)

Number of rising stocks 117 (contribution +239.46)

Number of declining stocks 104 (contribution -202.54)

Number of unchanged stocks 4

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