[Nikkei Stock Average and TOPIX (Table)]
The Nikkei average was 38,745.76, up 44.89 points.
The TOPIX was 2,717.45, up 1.46 points.
[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 3rd, the Nikkei average opened at 38,745.76, up 44.89 yen for the 3rd consecutive day. The previous day's US stock market was closed for the Labor Day holiday. In the major European markets, the FTSE TM100 fell 0.15%, the DAX rose 0.13%, and the CAC40 rose 0.20%.
Today, buying was dominant in the Tokyo stock market. With the US market closed and the major European markets experiencing mixed movements with small fluctuations, it was difficult for the Tokyo market to find clues. However, in the foreign exchange market, the exchange rate was around 146.80 yen to the dollar, about 60 yen lower and the dollar stronger compared to around 15:00 yesterday, which supported the stock prices of export-related stocks in the Tokyo market.
On the other hand, there is caution in the market about excessive expectations of a US interest rate cut, and some investors are refraining from active buying in anticipation of the release of the August US employment statistics on the 6th of this weekend. In addition, there is a view that the Nikkei average will be influenced by the 75-day moving average around the 38,600 yen range as a resistance level, but buying was predominant at the opening stage.
In terms of sectors, the top performers are banking, insurance, textiles & apparels, other financing businesses, and metal products, while oil & coal products, marine transportation, service industry, mining, and rubber products are among the top decliners.
In the main board of the Tokyo Stock Exchange, the top trading volume includes Nankai GHD＜9041＞, Advantest＜6857＞, Screen HD＜7735＞, Mercari＜4385＞, 7&iHD＜3382＞, NEC＜6701＞, Fujitsu＜6702＞, SHIFT＜3697＞, MS&AD＜8725＞, Mitsui Sumitomo＜8316＞, Tepco HD＜9501＞, etc., all showing an increase. On the other hand, Kawasaki Heavy＜7012＞, TOWA＜6315＞, IHI＜7013＞, Renesas＜6723＞, SMC＜6273＞, Yamaha Motor＜7272＞, Murata Manufacturing＜6981＞, Sakura＜3778＞, Fujikura＜5803＞, Recruit HD＜6098＞, Sosei Next＜6526＞, Shiseido＜4911＞, among others, are declining.
