Japanese ADR (American Depositary Securities) shares fell in comparison with the Tokyo Stock Exchange (converted to 1 dollar 155.38 yen), Kashima ＜1812＞, Sumitomo Electric ＜5802＞, SoftBank G ＜9984＞, Fast Retay ＜9983＞, Ebara ＜6361＞, FANUC ＜6954＞, Nintendo ＜7974＞, etc. fell, and general sales dominance became dominant. The Chicago Nikkei 225 futures settlement value is 38,560 yen, which is 330 yen lower than the Osaka daytime ratio.

The US stock market fell. The Dow average closed at 39,869.38 dollars, down 38.62 dollars, and the NASDAQ fell 44.07 points at 16,698.32. Buying in response to expectations of early interest rate cuts continued, and after getting close, it rose. The Dow achieved the 40,000 dollar range for the first time, but after that, it was sold at profit due to a sense of accomplishment at a high price, and growth was sluggish. Despite the April Consumer Price Index (CPI) results, senior Federal Reserve (Fed) officials still reiterated their cautious stance in support of maintaining high interest rates for the time being, so high-tech turned to sales in response to an increase in long-term interest rates. Towards the end of the game, the Dow was unable to maintain the positive zone, and the market price fell and ended.

The dollar and yen weakened to 154 yen 60 yen in the New York foreign exchange market on the 16th, then rose to 155 yen 53 yen, and closed at 155 yen 41 yen. In addition to the unexpected expansion of the April import price index, the number of housing starts also increased, the number of unemployment insurance claims also decreased, and President Mester of the US Cleveland Federal Reserve supported the policy of maintaining high interest rates over a longer period of time, and showed the idea that additional tightening would not be ruled out depending on inflation trends, and dollar buying resumed as long-term interest rates rose. The euro dollar fell to 1.0854 dollars, then rebounded to 1.0875 dollars and closed at 1.0867 dollars. Since President Kazaks of the Central Bank of Latvia suggested the possibility that interest rate cuts would begin in June if the economy developed as expected, euro sales became dominant.

NY crude oil futures rebounded for the 6 month period (NYMEX crude oil closing price for the 6 month period: 79.23 ↑ 0.60).

■Stocks with the highest ADR growth rate (16th)

＜6952＞ Casio $77.07 1198 yen (33 yen) +2.83%

＜6448＞ Brother 38.68 dollars 3005 yen (74 yen) +2.52%

＜1928＞ Sekisui House 23.27 dollars 3616 yen (41 yen) +1.15%

＜7012＞ Kawashige 14.66 dollars 5695 yen (54 yen) +0.96%

＜5631＞ Nippon Steel 13.5 dollars 4195 yen (31 yen) +0.74%

■Stocks with lower ADR depreciation rate (16th)

＜6113＞ Amada 45.88 dollars 1,782 yen (-53 yen) -2.89%

＜1812＞ Kashima 16.62 dollars 2582 yen (-76 yen) -2.86%

＜6753＞ Sharp 1.28 dollars 796 yen (-16 yen) -1.97%

＜5802＞ Sumitomo Electric 14.86 dollars 2308 yen (-41.5 yen) -1.77%

＜9984＞ SoftBank G 27.01 dollars 8394 yen (-145 yen) -1.7%

■Other ADR stocks (16th)

＜1812＞ Kashima 16.62 dollars 2582 yen (-76 yen)

＜1925＞ Daiwa House 26.4 dollars 4102 yen (-28 yen)

＜1928＞ Sekisui House 23.27 dollars 3616 yen (41 yen)

＜2503＞ Kirin 14.49 dollars 2251 yen (-2 yen)

＜2802＞ Ajinomoto 39.26 dollars 6100 yen (-28 yen)

＜3402＞ Toray $9.96 774 yen (-8.8 yen)

＜3407＞ Asahi Kasei 13.16 dollars 1022 yen (-9.5 yen)

＜4901＞ Fujifilm 10.89 dollars 3384 yen (-30 yen)

＜4911＞ Shiseido $31.18 4844 yen (-18 yen)

＜5108＞ Bridgestone 21.97 dollars 6827 yen (-48 yen)

＜5201＞ AGC 7.1 dollars 5516 yen (-30 yen)

＜5802＞ Sumitomo Electric 14.86 dollars 2308 yen (-41.5 yen)

＜6301＞ Komatsu 29.45 dollars 4576 yen (-47 yen)

＜6361＞ Ebara 40.36 dollars 12542 yen (-178 yen)

＜6503＞ Mitsubishi Electric 36.07 dollars 2802 yen (-20.5 yen)

＜6586＞ Makita $30.71 4772 yen (-45 yen)

＜6645＞ Omron 35.32 dollars 5488 yen (-24 yen)

＜6702＞ Fujitsu 14.92 dollars 2319 yen (-13.5 yen)

＜6723＞ Renesas 8.51 dollars 2645 yen (-22.5 yen)

＜6758＞ Sony G $83.39 12,957 yen (-58 yen)

＜6762＞ TDK 46.41 dollars 7211 yen (-55 yen)

＜6902＞ Denso 16.83 dollars 2615 yen (-15.5 yen)

＜6954＞ FANUC 14.64 dollars 4550 yen (-60 yen)

＜6988＞ Nittoden 39.36 dollars 12233 yen (-97 yen)

＜7201＞ Nissan from 7.12 dollars 553 yen (-2 yen)

＜7202＞ Isuzu 12.9 dollars 2004 yen (-14 yen)

＜7203＞ Toyota 215.63 dollars 3350 yen (-2 yen)

＜7267＞ Honda 32.82 dollars 1700 yen (-8.5 yen)

＜7270 ＞ SUBARU 10.45 dollars 3247 yen (-6 yen)

＜7741＞ HOYA 122.74 dollars 19071 yen (-219 yen)

＜7912＞ Dainichito 15.19 dollars 4720 yen (-12 yen)

＜7974＞ Nintendo 13.68 dollars 8502 yen (-98 yen)

＜8001＞ ITOCHU 92.87 dollars 7215 yen (-50 yen)

＜8002＞ Marubeni 191.38 dollars 2974 yen (-31 yen)

＜8031＞ Mitsui Mono 1012.5 dollars 7866 yen (-9 yen)

＜8053＞ Sumitomo Corporation 26.57 dollars 4128 yen (-3 yen)

＜8267＞ AEON 21.1 dollars 3279 yen (-12 yen)

＜8306＞ Mitsubishi UFJ 9.76 dollars 1517 yen (-5.5 yen)

＜8309＞ Mitsui Trust 4.66 dollars 3620 yen (25 yen)

＜8316＞ Sumitomo Mitsui 12.02 dollars 9338 yen (-62 yen)

＜8411＞ Mizuho FG 3.95 dollars 3069 yen (2 yen)

＜8591＞ ORIX 108.41 dollars 3369 yen (-18 yen)

＜8604＞ Nomura HD 5.9 dollars 917 yen (1.1 yen)

＜8766＞ Tokio Marine HD 31.67 dollars 4921 yen (-23 yen)

＜8802＞ Ryojisho 17.76 dollars 2760 yen (2 yen)

＜9202＞ ANA 3.87 dollars 3007 yen (5 yen)

＜9432＞ NTT 24.7 dollars 154 yen (0 yen)

＜9735＞ SECOM 15.99 dollars 9938 yen (-92 yen)

＜9983＞ Fast Retay $26.25 40787 yen (-593 yen)

＜9984＞ SoftBank G 27.01 dollars 8394 yen (-145 yen)