[Nikkei Stock Average TOPIX (table)]

Nikkei Average; 38259.37; -575.73

TOPIX; 2709.96; -36.26

[Backside Overview]

The backstage Nikkei Average started at 38259.37 yen, 575.73 yen lower than the previous day, and the decline slightly expanded from the previous closing (38303.39 yen). Nikkei 225 futures during lunchtime fit in the 38210 yen to 38290 yen range. The dollar and yen depreciated by about 40 yen from around 9:00 a.m., and the dollar was at a high level of 1 dollar = 155.10-20 yen. As for Asian market conditions, the Shanghai Composite Index remains in the negative zone and has fallen by about 0.2%, while the Hong Kong Hang Seng Index is generally in the positive zone, but the upper price is heavy and has risen by about 0.2%.

The backstage Tokyo Market began with sales slightly ahead of the previous closing. Since there was a movement in the direction of depreciation of the yen and appreciation of the dollar in the front, a sense of caution against yen buying intervention by the government and the Bank of Japan intensified, and it seems that stock prices are being weighed down. Meanwhile, in response to the sharp decline in the Nikkei Average in the previous market, there is also a trend of push buying from the view that it has declined too much, which seems to be a supporting factor for stock prices.

In the sector, other products, insurance, and electrical equipment are at the top of the decline rate, while the shipping industry is rising.

Nintendo ＜7974＞, NEC ＜6701＞, Sony G ＜6758＞, Dai-ichi Life HD ＜8750＞, Nomura ＜8604＞, Mitsubishi Heavy ＜7011＞, Ibiden ＜4062＞, Hitachi ＜6501＞, Mitsubishi ＜8058＞, and Tokio Marine ＜8766＞ have declined. Meanwhile, Kasumigaseki Capital ＜3498＞, Roze ＜6323＞, Unicharm ＜8113＞, TOWA ＜6315＞, OLC ＜4661＞, Yusen ＜9101＞, and Socionext ＜6526＞ are rising.