日経平均採用銘柄では、フジクラ＜5803＞が大幅続伸したほか、古河電工＜5801＞も買われた。また、ナスダック上昇やエヌビディア反発を受けて、アドバンテスト＜6857＞が上昇。このほか、三菱電機＜6503＞、日本製鋼所＜5631＞、三菱重＜7011＞など防衛関連が買われた。ソニーグループ＜6758＞も連日で上場来高値を更新。イオン＜8267＞、清水建設＜1803＞、コニカミノルタ＜4902＞、出光興産＜5019＞などが買われた。The Nikkei average rose significantly for the fourth consecutive day, finishing the morning session at 39,881.10 yen, up 508.87 yen (+1.29%) from the previous day, with an estimated Volume of 0.9 billion 90 million Stocks.
On the 11th, the US stock market was mixed. The Dow average fell by 99.27 dollars to 44,148.56 dollars, while the Nasdaq rose by 347.65 points to close at 20,034.89. The consumer price index (CPI) for November remained within expectations, leading to buying in anticipation of additional rate cuts at the December Federal Open Market Committee (FOMC) meeting, which caused a rise after the opening. The Dow turned down due to profit-taking. The Nasdaq expanded its gain in the latter half of the trading session, led by buying on rate cut expectations and buying in tech stocks like Alphabet, setting a new all-time high. The market ended mixed.
Following the significant rise in the Nasdaq, the Tokyo market began trading with a bias toward buying. With tech stocks leading the buying, the Nikkei average was observed to reach the 40,000 yen level for the first time in about two months since October 15 during trading hours. Ahead of tomorrow's special settlement value (SQ value) calculation for futures and Single Option in December, there were speculative trades in the futures market. After a round of buying, the Nikkei average became slightly heavier on the upside, but it remained in a sideways movement around the 39,900 yen level.
In the Nikkei average adopted stocks, Fujikura Ltd. <5803> significantly continued to rise, and Furukawa Electric Co. <5801> was also bought. Additionally, Advantest Corp. <6857> rose following the Nasdaq's increase and NVIDIA's rebound. Furthermore, defense-related stocks such as Mitsubishi Electric Corp. Unsponsored ADR <6503>, Japan Steel Works <5631>, and Mitsubishi Heavy Industries <7011> were also in demand. Sony Group Corp <6758> updated its all-time high for consecutive days. Companies such as Aeon <8267>, Shimizu Corporation <1803>, Konica Minolta <4902>, and Idemitsu Kosan <5019> were purchased.
On the other hand, Nissan Motor Co. <7201> was sold amid views that there are many challenges, as it announced personnel changes including the CFO as part of its restructuring efforts, which weakened automotive-related stocks such as Mitsubishi Motors <7211>, MAZDA MOTOR CRP <7261>, and Honda <7267>. Additionally, due to reports of construction defects found in a condominium in Setagaya ward, the business owner, Tokyu Fudosan Holdings <3289>, faced difficulties after proposing to residents a buyout. Other stocks sold included SUMCO <3436>, Yamaha <7951>, Yaskawa Electric <6506>, JFE Holdings <5411>, and SHARP CORP <6753>.
By Global Sectors, Services, Petroleum & Coal, Nonferrous Metals, Electric Appliances, and Precision Instruments all increased, while only Iron & Steel declined.
During trading hours, the November SQ value cleared 39,901.35 yen and surpassed the 40,000 yen mark for the first time in two months, leading the market to sense a slight sense of accomplishment. With the movement of China Connect, which had been volatile due to policy expectations, also stabilizing, a stronger trend of profit-taking is expected in the latter part of the Tokyo market. The upper level of the Nikkei average appears to be heavy, and the increase may be slightly reduced.
