I was late and bought a stock that would benefit from the appreciation of the yen! One dollar and 140 yen too? 5 stocks that are going retrograde in a rough market!
On the 1st, the trend of yen appreciation rapidly strengthened in the foreign exchange market, and yen$1 = rises to 148 yenI did it. In addition to the Bank of Japan's decision to raise additional interest rates, the fact that the Fed suggested the possibility of early interest rate cuts in the US accelerated yen buying, and on the dollar yen chartThe 200-day moving average also fell。
According to Bloomberg, exchange strategists from foreign-funded institutions such as Amundi and TD SecuritiesThere is a possibility that the appreciation of the yen will advance to 140 yen per dollarPoint it out. Who are the strategists of the McColley GroupProgress to 125 yen by 25/12It seems like they think it is there. According to Bloomberg data, by financial institutions in major countriesThe average dollar yen forecast for the end of this year is 149 yen per dollarSo,147 yen for the 25th quarterA further rise in yen is expected. The Tokyo stock exchange rate fell drastically on the 1st due to the appreciation of the yen, and TOPIX fell 3% or more at the closing price. Even in a rough marketMerit stocks with a retrograde appreciation of the yenI confirmed it.
▼Dollar to yen forecast for the end of '24(Bloomberg)
An appreciation yen merit stock bought on the 1st with 1 dollar in the 148 yen range
On the 1st, Tokyo Stock Exchange PrimeOver 90% fellWhile doing it, $Nisshin Seifun Group (2002.JP)$Ya $Nitori Holdings (9843.JP)$、 $Nippon Paper Industries (3863.JP)$、 $Kobe Bussan (3038.JP)$、 $Chubu Shiryo (2053.JP)$It went retrograde higher. Other than Chubu Feed, the level has not risen that much since the beginning of the year, or rather declined, and the sense of delay is conspicuous.
On the 1st, Tokyo Stock Exchange PrimeOver 90% fellWhile doing it, $Nisshin Seifun Group (2002.JP)$Ya $Nitori Holdings (9843.JP)$、 $Nippon Paper Industries (3863.JP)$、 $Kobe Bussan (3038.JP)$、 $Chubu Shiryo (2053.JP)$It went retrograde higher. Other than Chubu Feed, the level has not risen that much since the beginning of the year, or rather declined, and the sense of delay is conspicuous.
The year-to-date gain/fall rate of major stocks that have benefited from the appreciation of the yen
At the beginning of the year, $Can Do (2698.JP)$Ya $Seria (2782.JP)$100 yen shops such as $Nippon Beet Sugar Manufacturing (2108.JP)$Ya $Morinaga Milk Industry (2264.JP)$、 $Maruha Nichiro (1333.JP)$Food-related stocks such as these are rising.
Related stocks: $ABC-Mart (2670.JP)$、 $Nisshin Oillio Group (2602.JP)$、 $Oji Holdings (3861.JP)$、 $Nissui (1332.JP)$、 $Feed One (2060.JP)$、 $Nichirei (2871.JP)$、 $Rengo (3941.JP)$、 $Mitsui DM Sugar Holdings (2109.JP)$ and others.
At the beginning of the year, $Can Do (2698.JP)$Ya $Seria (2782.JP)$100 yen shops such as $Nippon Beet Sugar Manufacturing (2108.JP)$Ya $Morinaga Milk Industry (2264.JP)$、 $Maruha Nichiro (1333.JP)$Food-related stocks such as these are rising.
Related stocks: $ABC-Mart (2670.JP)$、 $Nisshin Oillio Group (2602.JP)$、 $Oji Holdings (3861.JP)$、 $Nissui (1332.JP)$、 $Feed One (2060.JP)$、 $Nichirei (2871.JP)$、 $Rengo (3941.JP)$、 $Mitsui DM Sugar Holdings (2109.JP)$ and others.
―MooMoo News Kathy
Source: Bloomberg, Moomoo
Source: Bloomberg, Moomoo
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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HONDA N-ONE : I want stable stocks that are not affected by exchange
Tanaka Mifu : Today, the above stocks have dropped quite a bit, haven't they?
The yen is appreciating, so both stocks are falling.
Japanese stocks are no future.
人類 Tanaka Mifu : Well, because there are only policies that unmistakably hope for an appreciation of the yen