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The Nikkei Average started 203 yen higher, with buying predominance supported by the rise in US stocks.

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moomooニュース日本株 wrote a column · Nov 6, 2024 08:23
The Nikkei Average started 203 yen higher, with buying predominance supported by the rise in US stocks.
Good morning to all moomoo users!Opening overview for the morning. Thank you in advance.

Market Overview
In today's Tokyo stock market, the Nikkei Stock Average started at 38,677.95 yen, up 203.05 yen from the previous trading day, and the Tokyo Stock Price Index (TOPIX) started at 2,673.34, up 29.08 points.
The Nikkei Average started 203 yen higher, with buying predominance supported by the rise in US stocks.
The Nikkei Average started 203 yen higher, with buying predominance supported by the rise in US stocks.
Top News
Summary of the US foreign exchange market: Temporarily softened to the 151.30 yen level due to factors such as the decline in US interest rates.
In the New York foreign exchange market on the 5th, the dollar-yen exchange rate ended the trading at around 151.62 yen per dollar, about 50 yen lower than the previous day, with a weaker dollar and stronger yen. The euro was trading higher against the yen, at around 165.73 yen per euro, an increase of about 25 yen.

Toyota, turning point towards stock price uptrend in interim results? Expecting profit increase due to weakened yen and strong sales of hybrid cars [Earnings Preview]
$Toyota Motor (7203.JP)$Will announce the interim results for the period ending in March 2025 on November 6. In the first quarter (April-June), profits exceeded expectations due to the benefit of a weaker yen and strong sales of hybrid cars, recording the highest operating profit ever. For July-September, while the benefit of a weaker yen may not be as significant as the first quarter, an increase in operating profit of around 60 billion yen is expected.

Fast Retailing is struggling, with domestic Uniqlo same-store sales revenue in October falling below the previous year for the first time in 7 months.
$Fast Retailing (9983.JP)$Struggling with lackluster performance. Disappointed by the announcement after the close of trading on the 5th regarding the October sales forecast for domestic Uniqlo, where the combined sales revenue of existing stores and e-commerce decreased by 7.5% compared to the same month last year, falling below the previous year's performance for the first time in 7 months.
【2024 US Presidential Election】Vote counts being updated in real-time! Who will take the lead?
The 2024 US presidential election, which the world is watching, began voting on the 5th local time. How will the contest between Vice President Harris of the Democratic Party and former President Trump of the Republican Party end? Various movements and vote counts are reported in real-time!

Source: Various company releases, MINKABU, The Nikkei
-moomoo News by Evelyn
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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