At the end of the day on the 27th, the number of rising stocks in the Nikkei average constituents was 171, the number of falling stocks was 52, and the number of unchanged stocks was 2.

The US stock market on the 26th was mixed. The Dow Jones rose by 65.44 points (+0.16%) to 41,240.52, the Nasdaq fell by 152.02 points (-0.85%) to 17,725.77, and the S&P 500 closed at 5,616.84, down 17.77 points (-0.32%). Expectations of a rate cut following Fed Chairman Powell's speech at the Jackson Hole meeting continued to drive buying, leading to an increase after the opening. Subsequently, durable goods orders and the Dallas Fed manufacturing activity index exceeded expectations, causing the Dow to continue rising in anticipation of a soft landing. Concerns about the Middle East situation suppressed gains, leading to a late-stage deceleration despite hitting record highs. Meanwhile, the rise in long-term interest rates and the impending earnings reports for semiconductor stocks such as Nvidia weighed on the Nasdaq, causing it to turn to selling and close mixed for the day.

Due to the mixed performance of US stocks, the Tokyo market had a directionless start. With the exchange rate at the late 144 yen per dollar mark and a calming of the yen's strength, noticeable selling was not observed. The Nikkei average traded broadly within the 38,000 yen range. Even in the afternoon, the market remained cautious as it awaited Nvidia's earnings report early on the 29th Tokyo time, with trading volume remaining sluggish. However, with a slight buyback fueled by the temporary weakness of the yen, the Nikkei average rebounded and closed the trading session.

The closing price of the Nikkei average was 38,288.62 yen, up 178.40 yen (+0.47%) from the previous day. The trading volume on the Tokyo Stock Exchange Prime Market was 1.38 billion shares, with a trading value of 3.23 trillion yen. In terms of industry sectors, pulp and paper, mining, iron and steel, transportation equipment, and petroleum and coal products rose, while textiles and apparels, air transportation, and other products were the only three sectors that declined. The number of rising stocks on the Tokyo Stock Exchange Prime Market was 80%, compared to 17% for falling stocks.

The top contributor to the rise was Fast Retailing Co Ltd, which pushed up the Nikkei average by about 25 yen with one stock. The second top contributor was Chugai Pharmaceutical Co Ltd, followed by Sony Group Corp, Recruit Holdings Co Ltd, Seven & i Holdings Co Ltd, Trend Micro Inc, Daikin Industries, Ltd., and others.

On the other hand, the top contributor to the fall was Advantest Corp, which pushed down the Nikkei average by about 25 yen with one stock. The second top contributor was Tokyo Electron Ltd, followed by Laser Tec Corp, Disco Corp, TDK Corp, Shin-Etsu Chemical Co Ltd, Nexon Co Ltd, and others.

* As of 15:00

Nikkei Average Stock Price: 38,288.62 (+178.40)

Rising stocks: 171 (contribution index +280.00)

Falling stocks: 52 (contribution index -101.60)

Number of unchanged stocks 2

○ Top advancing stocks

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

<9983> FirstREIT 46620 260 25.50

<4519> Chugai Pharmaceutical 7336 237 23.24

<6758> Sony Group 13780 380 12.42

<6098> Recruit HD 8863 115 11.28

<3382> 7 & iHD 2122 84 8.24

<4704> Trend Micro 8807 246 8.04

<6367> Daikin Industries 18685 235 7.68

<7203> Toyota Motor 2644 47 7.60

<6988> Nitto Denko 11750 200 6.54

<9613> NTT Data G 2188 40 6.46

<8001> Itochu Corporation 7329 197 6.44

<7269> Suzuki 1674 49 6.34

<9984> SoftBank Group 8541 31 6.08

<6841> Yokogawa Electric 3994 167 5.46

<4901> Fujifilm 3823 55 5.39

<7267> Honda 1561 27 5.30

<9433> KDDI Corporation 4846 27 5.30

<4324> Dentsu Group 4594 132 4.32

<9735> Secom 10555 120 3.92

<4503> Astellas Pharma 1816 22 3.51

Top decreasing stocks

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

<6857> AdvanTech 6125 -97 -25.37

<8035> Tohoku Electric 26200 -245 -24.03

<6920> Laser Tech 27580 -1245 -16.28

<6146> Disco 41650 -900 -5.88

<6762> TDK 9592 -41 -4.02

<4063> Shin-Etsu Chemical 6454 -16 -2.62

<3659> Nexon 2913 -35.5 -2.32

<4385> Mercari 2229 -70.5 -2.30

<6501> Hitachi, Ltd. 3370 -64 -2.09

<7974> Nintendo Co., Ltd. 8048 -63 -2.06

<4452> Kao Corporation 6504 -52 -1.70

<6976> Taiyo Yuden Co., Ltd. 3457 -48 -1.57

<4661> Oriental Land Co., Ltd. 3996 -38 -1.24

<4568> Daiichi Sankyo 5834 -10 -0.98

<8267> AEON 3743 -28 -0.92

<2502> Asahi Group Holdings 5365 -25 -0.82

<9843> Nitori Holdings 22340 -45 -0.74

<8802> Mitsubishi Estate 2440 -22 -0.72

<7735> SCREEN 10865 -40 -0.52

<6701> NEC 12215 -135 -0.44