At the close 12 days ago, the number of rising and falling stocks in the Nikkei Average was 180 rising stocks, 42 falling stocks, and 3 unchanged stocks.

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 increased, while only Iron & Steel fell.

The top contributor to the rise was ADVANTEST <6857>, which lifted the Nikkei Average by about 91 yen with one stock. The second place was FIRST RETAILING <9983>, followed by Recruit Holdings <6098>, SoftBank Group <9984>, Terumo <4543>, TDK <6762>, and Sony Group Corp <6758>, etc.

On the other hand, the top contributor to the decline was KONAMI GROUP <9766>, which decreased the Nikkei average by about 3 yen with one stock. The second place was DAIKIN <6367>, followed by 7&I HD <3382>, Nitori HD <9843>, Yaskawa Electric <6506>, SMC <6273>, Yamaha <7951>, etc.

*As of 11:30

Nikkei Stock Average 39881.10 (+508.87)

Number of rising stocks 180 (contribution +527.89)

Number of falling stocks 42 (contribution -19.02)

Number of unchanged stocks 3

○ Top rising stocks

Code Stock Name Recent Price Change from Previous Day Contribution

○ Top declining stocks

Code Stock Name Recent Price Change from Previous Day Contribution