At around 10:05 AM on the 10th, the Nikkei average stock price fluctuates at around 39,190 yen, which is approximately 410 yen lower than the previous day. At 10:03 AM, it reached 39,166 yen and 05 sen, down 439 yen and 04 sen. The U.S. stock market was closed on the 9th in observance of the funeral of former President Carter. With few clues, a weak movement that had continued from the 9th is resulting in a sell-off at the start. Additionally, U.S. stock index futures are falling in Extended hours trading, and with the announcement of U.S. employment statistics for December expected on the 10th, a search for lower prices is ongoing. In the night session of the Osaka Exchange, the March contract for Nikkei futures was 39,560 yen, down 10 yen from the settlement price on the 9th.
By sector, among the total of 33 sectors, 23 sectors declined while 10 sectors increased. Retail stocks such as 7&I HD <3382.T> and Fast Retailing <9983.T> dropped, as well as marine shipping stocks like Nippon Yusen <9101.T> and Mitsui O.S.K. Lines <9104.T>. Pharmaceutical stocks like Chugai Pharmaceutical <4519.T> and Daiichi Sankyo <4568.T>, as well as service stocks including OLC <4661.T> and Recruit Holdings <6098.T>, also faced declines. Bank stocks such as Mitsubishi UFJ <8306.T> and Sumitomo Mitsui <8316.T>, as well as textile stocks including Teijin <3401.T> and TORAY INDS INC <3402.T>, remained weak. Warehouse transportation stocks like Mitsui Warehousing <9302.T> and Kamigumi <9364.T>, along with Insurance stocks like MS&AD <8725.T> and Tokio Marine <8766.T>, were also soft. On the other hand, metal products stocks such as Sanwa Holdings <5929.T> and LIXIL <5938.T>, and nonferrous metals stocks like Furukawa Electric <5801.T> and Fujikura <5803.T> gained.
Individually, stocks like OSG <6136.T>, T&G Needs <4331.T>, Mitsui Mining <5706.T>, Ichigo <2337.T>, and AEON Mall <8905.T> fell. In contrast, stocks such as Hoshino Resorts <4530.T>, Sanko Gosei <7888.T>, Warabe-ya Nihon <2918.T>, Sansan <4443.T>, and Meiko Network <4668.T> increased.
In the Tokyo Foreign Exchange market, as of 10:05 AM, the dollar-yen exchange rate is trading at 158 yen in the early part of the dollar (on the 9th it was 158.18-20 yen) and the euro-yen exchange rate is at around 162 yen in the latter part of the euro (the same day it was 162.77-81 yen).
Provided by Wealth Advisor Company.