As of close on the 22nd, the number of advancing stocks in the Nikkei average constituent stocks was 112, while the number of declining stocks was 110, and the number of unchanged stocks was 3.

The Nikkei average rebounded. It closed the morning session at 38,190.85 yen, up 239.05 yen (+0.63%) from the previous day (with an estimated volume of approximately 0.6 billion60 million shares traded).

The U.S. stock market rebounded on the 21st. The Dow Jones Industrial Average closed at 40,890.49 dollars, up 55.52 dollars (+0.14%), the Nasdaq closed at 17,918.99, up 102.05 points (+0.57%), and the S&P 500 closed at 5,620.85, up 23.73 points (+0.42%). It was bought on expectations of a rate cut due to a significant downward revision in the number of employees for the previous year until March, and rose after the opening. The market remained solid throughout the day, supported by some retailers' strong earnings and the decline in long-term interest rates, which also boosted high-tech stocks. It temporarily stalled due to adjustment selling ahead of Chairman Powell's speech, but it was bought again and closed higher after the Federal Reserve's release of the minutes of the Federal Open Market Committee (FOMC) meeting in July, which hinted at a rate cut in September.

Following the rise in the U.S. stock market, the Tokyo market started trading with a buying bias. Although there were moments when the yen's strength was disliked and the Nikkei average fell to 37,883.86 yen, it bounced back after a round of buying and steadily increased, led by futures. There were moments when it rose to over 400 yen higher than the previous day, reaching the highest level since August 1st. However, the trading value in the prime market did not increase substantially, totaling 1.8 trillion yen.

In the Nikkei average constituent stocks, Sumitomo Pharma <4506>, IHI <7013>, and Omron <6645> were bought on positive reports from domestic securities companies. In addition, Eisai <4523>, Chugai Pharmaceutical <4519>, Astellas Pharma <4503>, Shionogi <4507>, and the pharmaceutical sector also showed gains.

On the other hand, Screen HD <7735> was sold, and securities stocks such as Nomura <8604> and Daiwa Securities G <8601> were sold due to concerns about the decline in U.S. interest rates. Regional bank stocks such as Chiba Bank <8331>, Fukuoka Financial Group <8354>, and Concordia <7186> also performed poorly. In addition, Disco <6146>, Okuma <6103>, and Toyota Motor <7203> were sold.

In terms of industry, medical drugs, petroleum and coal products, chemicals, warehousing and transportation, and food products rose, while securities and commodity futures trading, rubber products, transportation equipment, banking, and nonferrous metals declined.

The top contributors to the price increase were First Retailing <9983>, which pushed up the Nikkei average by about 102 yen with one stock. The second place was Advantest <6857>, followed by Chugai Pharmaceutical <4519>, Shin-Etsu Chemical <4063>, Recruit Holdings <6098>, Astellas Pharma <4503>, and Eisai <4523>.

On the other hand, the top contributor to the decline was Toho Electric Co., Ltd. <8035>, which pushed down the Nikkei average by about 8 yen. Toyota Motor Corporation <7203> ranked second, followed by Secom Co., Ltd. <9735>, Terumo Corporation <4543>, Disco Corporation <6146>, SoftBank Group Corp. <9984>, SMC Corporation <6273>, etc.

*As of 11:30.

Nikkei average stock price 38190.85 (+239.05)

Number of advancing stocks 112 (contribution +347.58)

Number of declining stocks 110 (contribution -108.53)

Number of unchanged stocks 3

○ Top advancing stocks

Code, Stock Name, Latest Price, Day Change, Contribution

<9983> First Retail 45000 1050 102.98

<6857> Advante 6670 140 36.61

<4519> Chugai Pharmaceutical 7141 293 28.74

<4063> Shin-Etsu Chemical 6278 170 27.79

<6098> Recruit Holdings 8722 95 9.32

<4503> Astellas Pharma 1803 53 8.66

<4523> Eisai 6193 256 8.37

<9843> Nitori Holdings 21185 420 6.87

<4568> Daiichi Sankyo 5897 70 6.87

<6920> Laser Tech 29180 495 6.47

<9433> KDDI 4806 32 6.28

<6645> Omron 5769 167 5.46

<9766> Konami G 12560 165 5.39

<2413> M3 1461 67 5.22

<4385> Mercari 2357 147 4.79

<4578> Otsuka Holdings 8536 130 4.25

<7733> Olympus 2658 31 3.99

<4507> Shionogi Pharmaceuticals 6722 118 3.86

<9613> NTT Data G 2094 24 3.84

<6971> Kyocera 1713 13 3.27

Top decreasing stocks

Code, Stock Name, Latest Price, Day Change, Contribution

<8035> Toho Elec 27910 -90 -8.83

<7203> Toyota Motor 2646 -47 -7.68

<9735> Secom 10185 -215 -7.03

<4543> Terumo 2735 -25 -6.54

<6146> DISCO 43640 -930 -6.08

<9984> SoftbankG 8507 -22 -4.32

<6273> SMC 66680 -1260 -4.12

<7269> Suzuki 1667 -29.5 -3.86

<7735> SCREEN 11205 -290 -3.79

<6367> Daikin Industries, Ltd. Unsponsored ADR 17585 -110 -3.60

<3659> Nexon 2952 -48 -3.14

<3382> 7&iHD 2013 -32 -3.14

<5108> Bridgestone 5790 -83 -2.71

<6902> Denso 2255 -20 -2.62

<5803> Fujikura 4004 -76 -2.48

<8766> Tokyo Marine HD 5436 -43 -2.11

<8253> Credit Saison 3164 -59 -1.93

<3099> Mitsukoshi Isetan HD 2319 -48 -1.57

<7272> Yamaha Motor　　　　　1267　　 -16　 -1.57

<5802> Sumitomo Electric Industries　　　　　2330　　 -47.5　 -1.55