As of the close on the 24th, out of the Nikkei average constituent stocks, 36 stocks rose, 186 fell, and 3 remained unchanged.
The Nikkei average fell for the 6th consecutive day. As of the morning session, it ended the morning trading session at 39,508.84 yen (approx. 0.7 billion 80 million shares traded) down 85.55 yen (-0.22%) from the previous day.
The US stock market fell on the 23rd. The Dow Jones average closed down 57.35 points (-0.14%) at 40,358.09, the Nasdaq down 10.22 points (-0.06%) at 17,997.35, and the S&P 500 down 8.67 points (-0.16%) at 5,555.74. With earnings reports from companies impending and cautious wait-and-see sentiment, the market was mixed and opened flat. In addition, adjustments continued as important inflation and economic indicators to be announced this week were awaited, and throughout the day trades were mixed with bullish buying supported by good earnings and expected interest rate cuts, but the market turned downward towards the end and closed lower.
The Tokyo market also opened with a predominance of selling due to the fall in US stocks and the strengthening of the yen. The Nikkei average showed a stable movement, rebounding after expanding its fall of more than 300 yen from the previous day's close, but ended the morning below the previous day's level. Persistent buying supporting good earnings and expected interest rate cuts helped maintain a solid base, but aggressive buying and selling before the end of the month was withheld, and the prime market traded for less than 2 trillion yen.
Among the Nikkei average adopted stocks, Mitsubishi Motors <7211> fell sharply due to weak first-quarter earnings, and Sumitomo Realty <8830>, Tokyu Real Estate HD <3289> and other real estate stocks were weak as the 10-year government bond yield, an indicator of long-term interest rates, rose to 1.07%. Isuzu <7202>, Sumitomo Chemical <4005>, Amada <6113>, Hitachi Construction Machinery <6305>, and Sharp <6753> were sluggish.
Nidec <6594> rose due to first quarter operating profit exceeding market expectations, and Toyota <7203> also rose due to improved capital efficiency expectations through the elimination of holding shares. In addition, Chugai Pharmaceutical <4519>, Screen HD <7735>, HOYA <7741>, Aozora Bank <8304>, Murata Manufacturing <6981>, and Mitsubishi Electric <6503> were bought.
In terms of industry sectors, only four sectors saw an increase: precision instruments, pharmaceuticals, transportation equipment, and electric appliances. Electric and gas, marine transportation, air transport, land transportation, and real estate declined.
The top contributors to the decline were First Retail <9983>, which pushed down the Nikkei average by about 14 yen per share, followed by Fujifilm HD <4901>, KDDI <9433>, Shin-Etsu Chemical <4063>, Disco <6146>, SoftBank G <9984>, and Trend <4704>.
On the other hand, Advantest <6857> was the top contributor to the rise, pushing the Nikkei average up by about 19 yen per share, followed by Tokyo Electron <8035>, Chugai Pharmaceutical <4519>, Nidec <6594>, Toyota <7203>, and Daiichi Sankyo <4568>, HOYA <7741>.
*As of 11:30.
Nikkei Average Stock Price 39508.84 (-85.55)
Number of rising stocks 36 (contribution +123.53)
Number of falling stocks 186 (contribution -209.08)
Number of unchanged stocks 3
○ Top advancing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
<6857> Advantest 6,172 76 19.88
<8035> Tokyo Electron 30,960 190 18.63
<4519> Chugai Pharmaceutical 6,184 173 16.97
<6594> Nidec 7,223 436 11.40
<7203> Toyota Motor 3,153 44 7.19
<4568> Daiichi Sankyo 5,973 69 6.77
<7741> HOYA 18,860 370 6.05
<6762> TDK 10,335 55 5.39
SCREEN <7735> has a stock price of 13,465 yen, with a change of 355 yen and a percentage change of 4.64.
Murata Manufacturing Co., Ltd. <6981> has a stock price of 3,636 yen, with a change of 40 yen and a percentage change of 3.14.
Konami Holdings Corporation <9766> has a stock price of 11,820 yen, with a change of 85 yen and a percentage change of 2.78.
Olympus Corporation <7733> has a stock price of 2,606 yen, with a change of 18 yen and a percentage change of 2.35.
Astellas Pharma Inc. <4503> has a stock price of 1,668 yen, with a change of 14 yen and a percentage change of 2.29.
Fanuc Corporation <6954> has a stock price of 4,281 yen, with a change of 11 yen and a percentage change of 1.80.
Canon Inc-Spons ADR <7751> has a stock price of 4,469 yen, with a change of 34 yen and a percentage change of 1.67.
Mitsubishi Corporation <8058> has a stock price of 3,277 yen, with a change of 16 yen and a percentage change of 1.57.
Renesas Electronics Corporation <6723> has a stock price of 3,049 yen, with a change of 38 yen and a percentage change of 1.24.
Mitsubishi Electric Corp. unsponsored ADR <6503> has a stock price of 2,726 yen, with a change of 34 yen and a percentage change of 1.11.
Omron Corporation <6645> has a stock price of 5,638 yen, with a change of 34 yen and a percentage change of 1.11.
MinebeaMitsumi Inc. <6479> has a stock price of 3,643 yen, with a change of 33 yen and a percentage change of 1.08.
Top decreasing stocks
Code, Stock Name, Latest Price, Day Change, Contribution
First Retailing Co Ltd <9983> has a stock price of 41,170 yen, with a change of -150 yen and a percentage change of -14.71.
Fujifilm Holdings Corporation <4901> has a stock price of 3,633 yen, with a change of -94 yen and a percentage change of -9.22.
KDDI Corporation <9433> has a stock price of 4,578 yen, with a change of -34 yen and a percentage change of -6.67.
Shin-Etsu Chemical Co Ltd <4063> has a stock price of 6,572 yen, with a change of -35 yen and a percentage change of -5.72.
Disco Corp <6146> has a stock price of 48,900 yen, with a change of -780 yen and a percentage change of -5.10.
SoftBank Group Corp <9984> has a stock price of 10,355 yen, with a change of -25 yen and a percentage change of -4.90.
Trend Micro Inc. <4704> has a stock price of 7,152 yen, with a change of -148 yen and a percentage change of -4.84.
Kikkoman Corporation <2801> has a stock price of 1,953 yen, with a change of -29.5 yen and a percentage change of -4.82.
<4452> Kao 6864 -131 -4.28
<6988> Nitto Denko 13290 -130 -4.25
<8830> Sumitomo Realty & Development 4892 -123 -4.02
<6920> Laser Tech 28170 -280 -3.66
<7269> Suzuki 1807 -27.5 -3.60
<6971> Kyocera Corporation Sponsored ADR 1918 -13 -3.40
<2502> Asahi Kasei 5715 -103 -3.37
<7267> Honda 1658 -16 -3.14
<4911> Shiseido Company,Limited Sponsored ADR 4586 -95 -3.11
<6305> Hitachi Construction Machinery 4405 -95 -3.11
<6098> Recruit Holdings 8951 -31 -3.04
<7272> Yamaha Motor 1469 -30 -2.94