Japanese stocks are rising, and electricity and materials are high in response to the rise in US semiconductor stocks - automobile stocks are cheap

Updated 2024/7/9 9:11 JST (some excerpts)

The Tokyo stock exchange rate rose on the 9th. The rise in semiconductor-related stocks such as NVIDIA across the board in the US stock market yesterday was a tailwind, and buying took precedence in materials stocks such as electronics, chemicals, glass, and earth and stone. On the other hand, while the mood is strong ahead of the US Federal Reserve (FRB) chairman's congressional testimony, automobiles and shipping are cheap.
TOPIX is currently at 2874.14 - 9:7 a.m., 0.2% higher than the previous day
The Nikkei Stock Average rose 0.6% to 40,013 yen 29 sen