[Nikkei Stock Average TOPIX (table)]
Nikkei average; 38645.96; +260.23
TOPIX; 2741.39; +10.51
[Snuggle Overview]
The Nikkei Average on the 16th rose 260.23 yen to 38645.96 yen for 3 days, and trading began. The US stock market continued to rise the day before, on the 15th. The Dow average closed at 39908.00 dollars, which rose 349.89 dollars, and the Nasdaq closed at 16742.39, which rose 231.21 points. Buying, which was expected to cut interest rates by the end of the year in response to a slowdown in consumer price index (CPI) growth in April, was rekindled, and then rose. It was bought mainly by high-tech companies against the backdrop of a drastic drop in long-term interest rates, and remained steady throughout the day. At the end of the game, the increase widened, and the Dow and NASDAQ hit high prices and ended.
Buying took precedence in the Tokyo stock market today. The rise in major indices in the US stock market yesterday supported stock prices in the Tokyo market. Above all, the Nasdaq Composite Index, which has a high high-tech stock ratio, rose 1.40%, and the Philadelphia Semiconductor Stock Index (SOX Index), which consists of major semiconductor-related stocks, rose 2.88%, and the rate of increase was large compared to the Dow average (0.88% rise), which became a stock price support factor for high-tech stocks and semiconductor-related stocks in the Tokyo market. Meanwhile, the fact that 1 dollar = 154 yen 50 yen in the foreign exchange market is at a level of about 1 yen 80 yen appreciation and dollar depreciation compared to around 15:00 yesterday weighed on export stocks etc. in the Tokyo market. Also, recently, the Nikkei Average has often been in a development where the upper price can be suppressed in the latter half of the 38,000 yen range, and there was also a tendency to point out the weight of the upper price, but buying dominated during the donation stage. Note, the preliminary gross domestic product (GDP) value for the January-March fiscal year announced before the start of trading actually decreased 0.5% from the previous fiscal year and 2.0% in terms of an annualized rate. The median private sector forecast compiled by QUICK decreased by 0.4% from the previous fiscal year, and decreased by 1.5% per annum. Also, according to the status (weekly) of external and internal securities sales agreements, etc. announced before the start of trading, overseas investors overbought domestic stocks for 3 consecutive weeks on 5/5-11. The overpurchase amount was 660.8 billion yen.
By sector, electrical equipment, precision instruments, petroleum and coal products, service industries, electric/gas industries, etc. are at the top of the price increase rate, while banking, pulp/paper, shipping, transportation equipment, steel, etc. line up at the top of the price drop rate.
Recruit HD <6098>, SHIFT <3697>, Advantest <6857>, Toelec <8035>, Dai-ichi Life HD <8750>, Isetan Mitsukoshi <3099>, Renesas <6723>, Disco <6146>, Rose <6323>, Kasumigaseki Capital <3498>, Keyence <6861>, Laser Tech <6920>, Nomura Micro <6254>, etc. have risen. Meanwhile, Nexon <3659>, T&DHD <8795>, Mitsui E&S <7003>, Mitsubishi UFJ <8306>, Resona HD <8308>, Kawasaki Ships <9107>, Mizuho <8411>, Yusen <9101>, Cosmos Pharmaceuticals <3349>, Nippon Steel <5401>, Toyota <7203>, INPEX <1605>, Komatsu <6301>, etc. are falling.