Tokyo market summary: The Nikkei average hit a year-to-date high, closing in the 33,000 yen range, with export stocks surging to their highest level in 33 years.
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Good evening at the close. The summary of today's stock market is as follows. Thank you.![]()
The Nikkei Average closed at 33,018.65 yen, up 584.65 yen from the previous trading day.
The Nikkei Average briefly reached the 0.03 million 3000 yen level, with export-related stocks being bought and reaching a 33-year high.
Could a "positive cycle" be coming to Japanese stocks? Expectations of overcoming deflation with rising prices accompanied by wage increases.
Mitsui Sumitomo Financial Group and others will invest 40% in the CCC group and integrate with "V Points" next spring.
SMC updates its all-time high since listing and invests 120 billion yen to establish a research and development base in Chiba Prefecture.
●Hot Stocks: $Sumitomo Mitsui Financial Group (8316.JP)$、 $SMC (6273.JP)$、 $Tokyu (9005.JP)$etc
moomoo news of individual stocks in japan
Market Overview
The Nikkei Stock Average on the Tokyo stock market today closed at 33,018.65 yen, up 584.65 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) closed at 2,264.79, up 26.02 points.
The Nikkei Average closed at 33,018.65 yen, up 584.65 yen from the previous trading day.
The Nikkei Average briefly reached the 0.03 million 3000 yen level, with export-related stocks being bought and reaching a 33-year high.
Could a "positive cycle" be coming to Japanese stocks? Expectations of overcoming deflation with rising prices accompanied by wage increases.
Mitsui Sumitomo Financial Group and others will invest 40% in the CCC group and integrate with "V Points" next spring.
SMC updates its all-time high since listing and invests 120 billion yen to establish a research and development base in Chiba Prefecture.
●Hot Stocks: $Sumitomo Mitsui Financial Group (8316.JP)$、 $SMC (6273.JP)$、 $Tokyu (9005.JP)$etc
moomoo news of individual stocks in japan
Market Overview
The Nikkei Stock Average on the Tokyo stock market today closed at 33,018.65 yen, up 584.65 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) closed at 2,264.79, up 26.02 points.
Top News
The Nikkei Average briefly reached the 0.03 million 3000 yen level for the first time in 33 years as export stocks were bought.
The Nikkei Stock Average on the Tokyo stock market on the 13th continued to sharply rise, temporarily surpassing the psychological milestone of 0.03 million 3000 yen. It was the first time in about 33 years during trading hours. Following the trend of tech stocks being bought in the previous day's US stock market, buying focused on export-related stocks.
Is a 'virtuous cycle' coming to Japanese stocks, with expectations of escaping deflation due to rising prices accompanied by wage increases.
Investors are pushing up Japanese stocks with expectations of the arrival of a 'normal economy' that brings about stable inflation that they have been waiting for. There is a view that it will lead to sustainable high stock prices because it is accompanied by wage increases.
Buffett Corp. selected shares of Japanese trading companies, with analysts raising their target stock prices to new highs.
An analyst at Jeffries Financial Group raised the target stock price by over 40%, leading to a record high for the shares of Japanese trading companies invested in by Warren Buffett. The most significant increase was. $Mitsui (8031.JP)$On the 13th, the share price rose 2.8% from the previous day to 5182 yen, surpassing the new target stock price of 5000 yen announced by Jeffries on Monday.
MRF balance reaches a record high in the 14 trillion yen range, with standby funds remaining.
The total net asset value (balance) of the Money Reserve Fund (MRF), which is the standby funds of individual investors, has increased rapidly. According to the calculations by QUICK Asset Management Research Institute, the balance as of the end of May reached a record high of 14.4 trillion yen, increasing by more than 800 billion yen compared to the previous month.
The Ministry of Economy, Trade and Industry announced that it will focus its support on 7 projects for CO2 underground storage.
On the 13th, the Ministry of Economy, Trade and Industry and the Japan Oil, Gas and Metals National Corporation (JOGMEC), an independent administrative agency, announced that they will focus on supporting a total of 7 projects both domestically and internationally that involve the technology of collecting carbon dioxide (CO2) emitted from thermal power plants and storing it underground. This is aimed at achieving both decarbonization and stable energy supply, and to facilitate early practical implementation.
Hot stocks
Mitsui Sumitomo Financial Group and others will invest 40% in the CCC Group and integrate it into the "V Point" next spring.
$Sumitomo Mitsui Financial Group (8316.JP)$On the 13th, Mitsui Sumitomo Card, Culture Convenience Club (CCC), CCCMK Holdings, and another company announced that they will integrate Mitsui Sumitomo Group's V Point and CCC Group's T Point by the spring of 2024. In preparation for the launch of the new service, Mitsui Sumitomo Financial Group and Mitsui Sumitomo Card will invest 40% in CCCMK.
SMC updated its all-time high since listing, announcing that it will invest 120 billion yen to establish a research and development base in Chiba Prefecture in 2025.
$SMC (6273.JP)$It reached a new all-time high since listing. On this day, they announced that they will invest 120 billion yen to establish a new research and development base in Kashiwa City, Chiba Prefecture in 2025. The stock price rose to the 80,000 yen range, as investors expect solid earnings foundation and further enhancement of competitiveness.
Tokyu is not doing well. After the end of trading on the 12th, they announced the issuance of euro-denominated convertible bonds with share buybacks called "recap CB." However, concerns about potential dilution resulting from the issuance of convertible bonds weighed down the stock price, leading to selling pressure.
$Tokyu (9005.JP)$It is not doing well. After the end of trading on the 12th, they announced the issuance of convertible bonds with share buybacks called "recap CB" in euros. However, there was selling pressure due to concerns about potential dilution resulting from the issuance of convertible bonds, which became a burden on the stock price.
Fanuc Corp and Tsugami are weak, and the cautious attitude spreads due to the May machinery orders statistics.
$Fanuc (6954.JP)$や $Tsugami (6101.JP)$The Japan Machine Tool Builders' Association announced on the 12th that the total amount of machinery orders in May (preliminary report) was 119.316 billion yen, a decrease of 22.2% compared to the same month of the previous year.
Mitsubishi Electric Corp. unsponsored ADR starts offering samples of industrial full SiC power semiconductor module NX type.
$Mitsubishi Electric (6503.JP)$As a new power semiconductor product, it reduces the internal inductance of the package and provides samples of the industrial full SiC power semiconductor module NX type, which is equipped with second-generation SiC(※1) chips, starting from June 14, 2023. This contributes to the high efficiency, compactness, and lightweight of industrial equipment.
Source: Nihon Keizai Shimbun, Bloomberg, MINKABU
The Nikkei Average briefly reached the 0.03 million 3000 yen level for the first time in 33 years as export stocks were bought.
The Nikkei Stock Average on the Tokyo stock market on the 13th continued to sharply rise, temporarily surpassing the psychological milestone of 0.03 million 3000 yen. It was the first time in about 33 years during trading hours. Following the trend of tech stocks being bought in the previous day's US stock market, buying focused on export-related stocks.
Is a 'virtuous cycle' coming to Japanese stocks, with expectations of escaping deflation due to rising prices accompanied by wage increases.
Investors are pushing up Japanese stocks with expectations of the arrival of a 'normal economy' that brings about stable inflation that they have been waiting for. There is a view that it will lead to sustainable high stock prices because it is accompanied by wage increases.
Buffett Corp. selected shares of Japanese trading companies, with analysts raising their target stock prices to new highs.
An analyst at Jeffries Financial Group raised the target stock price by over 40%, leading to a record high for the shares of Japanese trading companies invested in by Warren Buffett. The most significant increase was. $Mitsui (8031.JP)$On the 13th, the share price rose 2.8% from the previous day to 5182 yen, surpassing the new target stock price of 5000 yen announced by Jeffries on Monday.
MRF balance reaches a record high in the 14 trillion yen range, with standby funds remaining.
The total net asset value (balance) of the Money Reserve Fund (MRF), which is the standby funds of individual investors, has increased rapidly. According to the calculations by QUICK Asset Management Research Institute, the balance as of the end of May reached a record high of 14.4 trillion yen, increasing by more than 800 billion yen compared to the previous month.
The Ministry of Economy, Trade and Industry announced that it will focus its support on 7 projects for CO2 underground storage.
On the 13th, the Ministry of Economy, Trade and Industry and the Japan Oil, Gas and Metals National Corporation (JOGMEC), an independent administrative agency, announced that they will focus on supporting a total of 7 projects both domestically and internationally that involve the technology of collecting carbon dioxide (CO2) emitted from thermal power plants and storing it underground. This is aimed at achieving both decarbonization and stable energy supply, and to facilitate early practical implementation.
Hot stocks
Mitsui Sumitomo Financial Group and others will invest 40% in the CCC Group and integrate it into the "V Point" next spring.
$Sumitomo Mitsui Financial Group (8316.JP)$On the 13th, Mitsui Sumitomo Card, Culture Convenience Club (CCC), CCCMK Holdings, and another company announced that they will integrate Mitsui Sumitomo Group's V Point and CCC Group's T Point by the spring of 2024. In preparation for the launch of the new service, Mitsui Sumitomo Financial Group and Mitsui Sumitomo Card will invest 40% in CCCMK.
SMC updated its all-time high since listing, announcing that it will invest 120 billion yen to establish a research and development base in Chiba Prefecture in 2025.
$SMC (6273.JP)$It reached a new all-time high since listing. On this day, they announced that they will invest 120 billion yen to establish a new research and development base in Kashiwa City, Chiba Prefecture in 2025. The stock price rose to the 80,000 yen range, as investors expect solid earnings foundation and further enhancement of competitiveness.
Tokyu is not doing well. After the end of trading on the 12th, they announced the issuance of euro-denominated convertible bonds with share buybacks called "recap CB." However, concerns about potential dilution resulting from the issuance of convertible bonds weighed down the stock price, leading to selling pressure.
$Tokyu (9005.JP)$It is not doing well. After the end of trading on the 12th, they announced the issuance of convertible bonds with share buybacks called "recap CB" in euros. However, there was selling pressure due to concerns about potential dilution resulting from the issuance of convertible bonds, which became a burden on the stock price.
Fanuc Corp and Tsugami are weak, and the cautious attitude spreads due to the May machinery orders statistics.
$Fanuc (6954.JP)$や $Tsugami (6101.JP)$The Japan Machine Tool Builders' Association announced on the 12th that the total amount of machinery orders in May (preliminary report) was 119.316 billion yen, a decrease of 22.2% compared to the same month of the previous year.
Mitsubishi Electric Corp. unsponsored ADR starts offering samples of industrial full SiC power semiconductor module NX type.
$Mitsubishi Electric (6503.JP)$As a new power semiconductor product, it reduces the internal inductance of the package and provides samples of the industrial full SiC power semiconductor module NX type, which is equipped with second-generation SiC(※1) chips, starting from June 14, 2023. This contributes to the high efficiency, compactness, and lightweight of industrial equipment.
Source: Nihon Keizai Shimbun, Bloomberg, MINKABU
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