As of the close on the 8th, the number of advancing and declining stocks in the Nikkei Average component stocks was 67 rising, 156 declining, and 2 unchanged.

The US stock market fell on the 7th. The Dow declined by 178.20 dollars to 42,528.36 dollars, and the Nasdaq fell by 375.30 points to 19,489.68. The rise of the semiconductor NVIDIA initially drove the market upwards after opening. However, the stock then turned to decline, weighing on the market, while the JOLT job openings and the ISM Non-Manufacturing Index exceeded expectations, leading to speculation of a slower pace in rate cuts and an increase in long-term interest rates, resulting in a downward trend. The market remained soft throughout the day, and losses expanded toward the end.

In response to the decline in US stocks, the Tokyo market started trading with a Sell bias. After starting below 40,000 yen, the Nikkei Average saw a further decline to the 39,700 yen range. However, following a round of selling, the Nikkei Average began to recover due to expectations of an expanding interest rate gap between Japan and the US, alongside the ongoing rise in high-value semiconductor stocks. As the market closed, it fluctuated in the negative territory compared to the previous day, but a solid bottom was confirmed.

The Nikkei Average at the end of trading fell by 102.24 yen (-0.26%) to 39,981.06 yen. The trading volume on the Tokyo Stock Exchange Main Board was 1.8 billion 53.28 million shares. The trading value was 4 trillion 462.4 billion yen. By sector, Insurance, Other Financial, Securities & Commodity Futures, A-REIT ETF, and Other Products declined, while Marine Shipping, Precision Instruments, Nonferrous Metals, Bank, and Iron & Steel increased. The number of rising stocks on the Tokyo Stock Exchange Main Board is 23%, while the number of declining stocks is 74%.

The top contributor to the decline was TDK <6762>, which lowered the Nikkei Average by about 27 yen on its own. The second place was Fast Retailing <9983>, followed by Chugai Pharmaceutical <4519>, DAIKIN INDUSTRIES, LTD. Unsponsored ADR <6367>, Tokio Marine <8766>, Kyocera Corporation Sponsored ADR <6971>, and Daiichi Sankyo <4568>.

On the other hand, the top contributor to the rise was Advantest <6857>, which raised the Nikkei Average by about 87 yen on its own. The second place was Tokyo Electron <8035>, followed by Disco <6146>, Recruit Holdings <6098>, Olympus <7733>, Lasertec <6920>, and SoftBank Group <9984>.

*As of 15:00

Nikkei Average Stock Price 39,981.06 (-102.24)

Number of stocks that increased in value: 67 (contribution +221.15)

Number of stocks that decreased in value: 156 (contribution -323.39)

Number of unchanged stocks: 2

○ 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