Japanese stocks of ADR (American Depositary Receipt) declined in comparison to the Tokyo Stock Exchange (based on an exchange rate of 158.04 yen per dollar), with notable decreases in Japan Post Bank <7182>, Renesas <6723>, SMC <6273>, Tokyo Electron <8035>, Advantest <6857>, Japan Post <6178>, and Disco <6146>, leading to a general selling pressure. The Chicago Nikkei 225 Futures settlement price was down 265 yen from the Osaka day session at 39,735 yen.
The US stock market fell. The Dow Jones average closed down 178.20 points at 42,528.36 dollars, and the Nasdaq ended down 375.30 points at 19,489.68. The rise in semiconductors giant NVIDIA (NVDA) initially led to increases after the open. However, the company's stock turned down and weighed on the market, combined with the JOLT job openings and ISM non-manufacturing index exceeding expectations, which led to speculation of a slowed pace of rate cuts, and subsequently increased long-term interest rates, causing a decline. The market remained weak throughout the day, expanding losses towards the end.
In the New York foreign exchange market on the 7th, the dollar-yen rose from 157.52 yen to 158.42 yen and closed at 157.94 yen. The US ISM non-manufacturing index rose more than expected, and JOLT job openings also unexpectedly increased, strengthening dollar buying alongside rising long-term interest rates. Later, with Trump's statements in a press conference indicating that "interest rates are too high," the dollar buying, which had risen due to the interest rate increase, retracted and stagnated. The euro-dollar fell from 1.0405 dollars to 1.0341 dollars, closing at 1.0344 dollars.
NY crude oil futures for February rebounded (NYMEX crude oil February settlement price: 74.25 ↑0.69).
■Top gaining ADR stocks on the 7th.
Stock code Stock name | Closing price (dollars) | Price in Japanese yen | Japan closing price comparison | Rate of change |
<8830> | sumitomo realty | 16.93 dollars | 5351 yen (462 yen) | +9.45% |
<5020> | ENEOS | 11.45 dollars | 905 yen (72.4 yen) | +8.7% |
<9503> | kansai electric power co inc | 5.87 dollars | 1855 yen (131 yen) | +7.6% |
<5401> | japan steel | 6.71 dollars | 3181 yen (71 yen) | +2.28% |
<2801> | Kikkoman | 21.5 dollars | 1699 yen (25 yen) | +1.49% |
■ Stocks with the largest decline in ADR (over the last 7 days)
Stock code Stock name | Closing price (dollars) | Price in Japanese yen | Japan closing price comparison | Rate of change |
<8113> | Uni-Charm | 4.01 dollars | 1056 yen (-212 yen) | -16.72% |
<7182> | Japan Post Bank | 9.1 dollars | 1438 yen (-97 yen) | -6.32% |
<6723> | Renesas | 6.64 dollars | 2099 yen (-63.5 yen) | -2.94% |
<6273> | SMC | 19.14 dollars | 60,498 yen (-1,522 yen) | -2.45% |
<7201> | Nissan Motor Co. | 5.94 dollars | 469 yen (-10.6 yen) | -2.21% |
■Qitabankuai ADR stocks (7 days)
Stock code Stock name | Closing price (dollars) | Price in Japanese yen | Japan closing price comparison |
<2914> | Japan Tobacco Inc | 12.64 dollars | 3995 yen (-14 yen) |
<3382> | Seven & i Holdings Co., Ltd. | 15.35 dollars | 2426 yen (-14.5 yen) |
<4063> | Shin-Etsu Chemical Co., Ltd. | 16.37 dollars | 5174 yen (-67 yen) |
<4502> | Takeda Pharmaceuticals sp adr | 13.35 dollars | 4220 yen (29 yen) |
<4519> | Chugai Pharmaceutical Co., Ltd. | 21.52 dollars | 6802 yen (-51 yen) |
<4543> | Terumo | 18.84 dollars | 2977 yen (-26 yen) |
<4568> | Daiichi Sankyo Company | 27.2 dollars | 4299 yen (-25 yen) |
<4661> | Orient Land | 21.93 dollars | 3466 yen (-17 yen) |
<4901> | FUJIFILM | 10.38 dollars | 3281 yen (-38 yen) |
<5108> | Bridgestone Corporation Unsponsored ADR | 16.82 dollars | 5316 yen (-54 yen) |
<6098> | Recruit Holdings | 14.04 dollars | 11,094 yen (-161 yen) |
<6146> | Disco | 28.9 dollars | 45,674 yen (-746 yen) |
<6178> | Japan Post Holdings | 9.64 dollars | 1524 yen (-25.5 yen) |
<6201> | Toyota Automatic Loom Works | 80.16 dollars | 12668 yen (-92 yen) |
<6273> | SMC | 19.14 dollars | 60,498 yen (-1,522 yen) |
<6301> | komatsu | 27.09 dollars | 4,281 yen (-13 yen) |
<6367> | Daikin Industries, Ltd. unsponsored adr | 11.95 dollars | 18,886 yen (-239 yen) |
<6501> | Hitachi Ltd Sponsored ADR | 50.68 dollars | 4,005 yen (-33 yen) |
<6503> | Mitsubishi Electric Corp. | 33.56 dollars | 2652 yen (-23.5 yen) |
<6594> | Nidec | 4.5 dollars | 2845 yen (-41.5 yen) |
<6702> | Fujitsu | 18.18 dollars | 2873 yen (-16 yen) |
<6723> | Renesas | 6.64 dollars | 2099 yen (-63.5 yen) |
<6758> | Sony | 20.91 dollars | 3,305 yen (-36 yen) |
<6857> | Advantest | 60.5 dollars | 9,561 yen (-180 yen) |
<6902> | DENSO | 13.89 dollars | 2195 yen (-25 yen) |
<6954> | ファナック | 13.25 dollars | 4188 yen (-47 yen) |
<6981> | Murata Manufacturing Co., Ltd. | 8.16 dollars | 2579 yen (-39.5 yen) |
<7182> | Japan Post Bank | 9.1 dollars | 1438 yen (-97 yen) |
<7203> | toyota motor | 193.12 dollars | 3052 yen (0 yen) |
<7267> | HONDA MOTOR CO., LTD. | 30.31 dollars | 1597 yen (-7 yen) |
<7741> | HOYA | 126.82 dollars | 20,043 yen (-172 yen) |
<7751> | Canon Inc - sponsored ADR | 31.8 dollars | 5,026 yen (-21 yen) |
<7974> | Nintendo Co Ltd | 14.37 dollars | 9,084 yen (-74 yen) |
<8001> | Itochu Corporation | 98.03 dollars | 7,746 yen (-24 yen) |
<8002> | Marubeni | 148.36 dollars | 2345 yen (-16.5 yen) |
<8031> | Mitsui & Co., Ltd. | 416.04 dollars | 3288 yen (-5 yen) |
<8035> | Tokyo Electron | 84.12 dollars | 26,589 yen (-511 yen) |
<8053> | Sumitomo Corporation | 21.66 dollars | 3,423 yen (-3 yen) |
<8058> | Mitsubishi Corporation | 16.1 dollars | 2545 yen (-28.5 yen) |
<8306> | Mitsubishi UFJ Financial Group | 12.12 dollars | 1915 yen (-3.5 yen) |
<8316> | Sumitomo Mitsui Financial Group | 14.71 dollars | 3875 yen (8 yen) |
<8411> | Mizuho Financial Group | 5.03 dollars | 3975 yen (5 yen) |
<8591> | orix | 106.99 dollars | 3382 yen (-15 yen) |
<8725> | MS&AD Insurance Holdings | 21.55 dollars | 3406 yen (-2 yen) |
<8766> | Tokio Marine Holdings, Inc. | 35.98 dollars | 5686 yen (-27 yen) |
<8801> | Mitsui Fudosan | 24 dollars | 1264 yen (-4.5 yen) |
<9432> | NTT | 24.87 dollars | 157 yen (-0.5 yen) |
<9433> | kddi corporation | 15.52 dollars | 4906 yen (-4 yen) |
<9983> | Fast Retailing | 32.51 dollars | 51,379 yen (-681 yen) |
<9984> | SoftBank Group | 29.14 dollars | 9,211 yen (-134 yen) |