At around 10:03 AM on the 24th, the Nikkei 225 index is trading at around 38,670 yen, up about 320 yen from the previous day. At 9:10 AM, it reached 38,990.11 yen, up 636.02 yen. U.S. stocks rose on the 23rd due to the limited nature of Iran's retaliatory attacks. Also, President Trump posted on his social media on the morning of the 24th Japan time, stating that "Israel and Iran have agreed to a temporary ceasefire." With concerns about the Middle Eastern situation easing, buying in Japanese stocks has also begun. However, after the initial buying, selling pressure is observed as it waits for a pullback, along with caution regarding the strong yen. The yen-denominated settlement price for Chicago Nikkei 225 futures was 38,590 yen, up 190 yen from the Osaka Exchange's settlement price on the 23rd.
By industry, among the 33 sectors, 26 sectors are rising and 7 sectors are falling. Nonferrous metals stocks like Sumitomo Electric <5802.T> and Fujikura <5803.T>, as well as airline stocks like JAL <9201.T> and ANA <9202.T>, are increasing. Other Products stocks such as Asics <7936.T> and NINTENDO CO LTD <7974.T>, along with Electric Appliances stocks like Hitachi <6501.T> and Sony Group Corp <6758.T>, are also high. Securities commodity futures stocks like Daiwa Securities Group <8601.T> and Nomura <8604.T>, along with insurance stocks like MS&AD <8725.T> and Tokio Marine <8766.T>, are also performing well. Information Telecommunication Sector stocks such as KDDI <9433.T> and SoftBank Group <9984.T>, along with service stocks like OLC <4661.T> and Recruit Holdings <6098.T>, are also firm. On the other hand, mining stocks like INPEX <1605.T> and Oil Resources <1662.T>, along with oil and coal product stocks like Idemitsu Kosan <5019.T> and ENEOS <5020.T>, are declining.
On an individual basis, LaserTech <6920.T>, Ichibanya <7630.T>, Celes <3696.T>, TELUS <3915.T>, and Kadokawa <9468.T> are rising. On the other hand, Fuji Oil <5017.T>, Daiko Pharmaceutical <4574.T>, Adcrea <8798.T>, Ohira Gold <5541.T>, and Mitsui E&S <7003.T> are declining.
At 10:03 AM on the Tokyo foreign exchange market, the dollar-to-yen rate is trading at about 145 yen per dollar (147.32-34 yen on the 23rd), and the euro-to-yen rate is trading in the upper 168 yen range (169.39-43 yen on the same day).
Provided by: Wealth Advisor Company
