[Nikkei Stock Average and TOPIX (Table)]
Nikkei Average: 38865.15; -269.64 TOPIX: 2754.11; -22.69 On the 12th, the Nikkei Average fell for the first time in three days with a loss of 269.64 yen to 38865.15 yen. On the previous day, the U.S. stock market was mixed. The Dow Jones Industrial Average closed at 38,747.42, down 120.62 dollars, and the Nasdaq closed at 17,343.55, up 151.02 points. Ahead of the release of the Federal Open Market Committee (FOMC) and Consumer Price Index (CPI), which were sold for caution, fell after the opening. Dow fell for the day due to concerns about commercial properties and the banking sector weighed on sentiment, remained sluggish throughout the day. The Nasdaq was supported by the rise of mobile device giant Apple (AAPL), turned to rise and expanded its gain to reach a record high for consecutive days.
Sector-wise, marine transportation, transportation equipment, securities and commodity futures, pharmaceuticals, and banking were among the top decliners, while oil and coal products, warehouse and transport related, fisheries, agriculture and forestry, and information and communication were on the rise. Among the most traded on the Tokyo Stock Exchange Prime were Hokkaido Electric Power <9509>, Mitsubishi Estate <8802>, Mitsubishi Corp. <8058>, Recruit Holdings <6098>, Daiichi Sankyo <4568>, Nomura <8604>, Toyota <7203>, TEPCO Holdings <9501>, Japan Post Holdings <6178>, Mitsubishi Heavy Industries <7011>, Denso <6902>, JR East <9020>, and Mizuho <8411>, all down. On the other hand, TDK <6762>, SoftBank <9434>, SoftBank Group <9984>, Murata Manufacturing <6981>, KOKUSAI <6525>, and Merkari <4385> rose.
[Sector]: Mining, insurance, banking, transportation equipment, wholesale trade, etc. are the top decliners, while pharmaceuticals, precision instruments, and electric and gas industries rose. The turnover of the Tokyo Stock Exchange Prime includes Laser Tech <6920>, Mirrors HD <8897>, Kawasaki Shipbuilding <9107>, Dai-ichi Life HD <8750>, Recruit HD <6098>, Marubeni <8002>, Mitsui & Co. <8031>, Honda <7267>, SMC <6273>, INPEX <1605>, Nissan Motor <7201>, and Nomura <8604>, all of which fell. Meanwhile, Nitori Holdings <9843>, Rakuten Group <4755>, and Daiichi Sankyo <4568>, among others, have risen.
On the Tokyo stock market today, sales took precedence. The fall of the Dow Jones Industrial Average in the U.S. stock market yesterday weighed on Tokyo market prices. In addition, with many events taking place both domestically and internationally this week, there were those who refrained from aggressive buying, wanting to assess the release of May's U.S. Consumer Price Index (CPI) in the U.S. tonight and the results of the Federal Open Market Committee (FOMC), as well as a press conference by Powell, Chairman of the Federal Reserve Board (FRB), in Japan early tomorrow morning. On the other hand, while the Dow Jones Industrial Average fell on the U.S. stock market yesterday, the NASDAQ Composite Index, S&P500, and Philadelphia Semiconductor Stock Index (SOX Index), which are composed of major semiconductor-related stocks, rose, supporting Tokyo market prices. In addition, it was pointed out that the downward trend of the market is solid because the Nikkei Average yesterday remained above the 75-day moving average line, which is located at just over 39,000 yen. However, buying was dominant in the opening stage. The domestic corporate goods price index for May, released before the start of trading, rose 2.4% from the same month last year. The median of private sector forecasts compiled by QUICK was a 2.0% rise. Today, China's May consumer price index (CPI) and producer price index (PPI) will be announced in the morning Japan time.
On the 12th, the Nikkei Average fell for the first time in 3 days with a loss of 269.64 yen to 38865.15 yen. On the previous day (the 11th), the U.S. stock market was mixed. The Dow Jones Industrial Average fell 120.62 dollars to 38,747.42 dollars, while the Nasdaq traded at 17,343.55, up 151.02 points and hit a new all-time high for the second consecutive day. At the opening of trading on the Tokyo market, the selling pressure was stronger due to the fall of the Dow Jones Industrial Average in the U.S. stock market the day before yesterday. Furthermore, in the midst of a series of events both at home and abroad this week, some conservative buyers restrained themselves because they want to judge the results of the release of May's U.S. Consumer Price Index (CPI) tonight, Japan time, and the results of the Federal Open Market Committee (FOMC) to be announced, as well as a press conference by Powell, Chairman of the Federal Reserve Board (FRB), in Japan early tomorrow morning. Conversely, yesterday while the Dow Jones Industrial Average fell on the U.S. stock market, the NASDAQ Composite Index, S&P500, and Philadelphia Semiconductor Stock Index (SOX Index), which are composed of major semiconductor-related stocks, rose and supported the Tokyo market. In addition, it was pointed out that the downside of the market was strong when the Nikkei average remained above the 75-day moving average of around 39,000 yen at the end of yesterday's trading. However, buying was dominant at the opening stage. The May domestic corporate goods price index, which was released before the market opened, was up 2.4% from the same month last year. The median of private sector forecasts compiled by QUICK was a 2.0% rise. In the morning, Japan time, China's May Consumer Price Index (CPI) and Wholesale Price Index (PPI) were announced.
Among the sectors, marine transportation, transportation equipment, securities and commodity futures, pharmaceuticals, and banking were among the top losers, while oil and coal products, warehouse and transport-related, fisheries, agriculture and forestry, and information and communication were among the gainers. Among the top trading volumes on the Tokyo Stock Exchange Prime, Hokkaido Electric Power <9509>, Mitsubishi Estate <8802>, Mitsubishi Commercial <8058>, Recruit Holdings <6098>, Daiichi Sankyo <4568>, Nomura <8604>, Toyota <7203>, TEPCO Holdings <9501>, Japan Post Holdings <6178>, Mitsubishi Heavy Industries <7011>, Denso <6902>, JR East <9020>, and Mizuho <8411>, all fell. On the other hand, TDK <6762>, Softbank <9434>, Softbank Group <9984>, Murata Manufacturing <6981>, Kokusai Electric <6525>, and Mercari <4385> all rose.