English
Back
Download
Log in to access Online Inquiry
Back to the Top

The Nikkei average started with a 491 yen decline. Finance Minister Kanda stated that all means would be considered in response to excessive movements, with the yen at 153 yen.

avatar
moomooニュース日本株 wrote a column · Apr 11, 2024 08:11
The Nikkei average started with a 491 yen decline. Finance Minister Kanda stated that all means would be considered in response to excessive movements, with the...
Good morning to all moomoo users!This is an overview of the morning market opening. Thank you in advance.

Market Overview
On today's Tokyo stock market, the Nikkei average stock price started at 39,090.68 yen, a decrease of 491.13 yen from the previous trading day, and the Tokyo Stock Price Index (TOPIX) started at 2,718.76, down 24.03 points.
The Nikkei average started with a 491 yen decline. Finance Minister Kanda stated that all means would be considered in response to excessive movements, with the...
Top News
Finance Minister Kanda stated that all means would be considered in response to excessive movements, with the yen at 153 yen.
Finance Minister Masato Kanda stated on the morning of the 11th that in response to the significant drop in the yen to the 153 yen range against the dollar for the first time in about 34 years, he mentioned, "We will appropriately respond without excluding any means to excessive movements and cautioned the market." He spoke to the press within the Ministry of Finance.
Related Articles
Yen at 153 yen range for the first time in about 34 years, US stocks sharply declined escaping rate cut.
Yen falls to around 153 yen for the first time in about 34 years, strong US CPI leads to broad-based dollar strength - cautious about intervention.

Long-term interest rates rise above 0.8%, reaching levels not seen since November last year - Bank of Japan additional rate hike speculation.
Long-term interest rates have risen above 0.8% for the first time since November last year. With speculation growing about additional rate hikes by the Bank of Japan and significant increases in US long-term interest rates due to an upward surprise in the Consumer Price Index (CPI), selling pressure has become predominant.

Joint AI research between Japan and the USA, with investments from companies like Amazon and NVIDIA, welcomed by leaders.
After the summit meeting on the 10th, President Biden and Prime Minister Fumio Kishida issued a joint statement. $Amazon (AMZN.US)$and $NVIDIA (NVDA.US)$Both Japan and the USA have shown a welcoming attitude towards the establishment of a new joint research program for artificial intelligence (AI), which is funded by various organizations. The two countries aim to strengthen their cooperation in response to the rapid development of AI technology.

Japanese and American leaders have expressed their commitment to strengthening efforts in wind power. Concerns have arisen regarding the supply of liquefied natural gas (LNG) in Japan.
On the 10th, President Biden and Prime Minister Kishida declared their commitment to enhancing the utilization of wind power and accelerating the transition to clean energy. Japan, which is lacking in resources, has concerns regarding access to LNG.

Seven & I Holdings Co., Ltd - Introduction of Shareholder Benefits Program: The company announced on the 10th that it will introduce a shareholder benefits program. Depending on the number of shares held and the duration of ownership, shareholders can choose to receive Seven & I Group's common gift certificates (ranging from 2,000 yen to 3,500 yen) or make a donation to a social contribution activity group.
$Seven & i Holdings (3382.JP)$There was a dispute. The company announced on the 10th that it will introduce a shareholder benefits program. Depending on the number of shares held and the duration of ownership, shareholders can choose to receive Seven & I Group's common gift certificates (ranging from 2,000 yen to 3,500 yen) or make a donation to a social contribution activity group.
Nippon Steel Corporation - Continued decline: On the 10th, it was reported by the US Department of Justice that they have initiated an investigation into potential violations of antitrust laws conducted by Nippon Steel, in relation to its acquisition of US Steel. This information was provided by two knowledgeable sources.
$Nippon Steel (5401.JP)$There was a continued decline. According to the Politico, a US political media outlet, the US Department of Justice has initiated an investigation into potential violations of antitrust laws by Nippon Steel regarding its acquisition of US Steel. This information was provided by two knowledgeable sources.
Related Articles
Nippon Steel's acquisition, Prime Minister Kishida said, "It's a good discussion for both the US and Japan."
KDDI continues to decline. The company has revised its forecast for consolidated operating profit (IFRS) for the 24.3 term from 1.08 trillion yen to 950 billion yen (a decrease of 11.8% from the previous term), citing delays in the collection of lease receivables.
$KDDI (9433.JP)$continues to decline. The company announced on the 10th that it has revised its forecast for consolidated operating profit (IFRS) for the 24.3 term from the previous 1.08 trillion yen to 950 billion yen (a decrease of 11.8% from the previous term).
Source: Bloomberg, The Nikkei, Tradersweb.
Moomoo news on Japanese stocks from Evelyn
The Nikkei average started with a 491 yen decline. Finance Minister Kanda stated that all means would be considered in response to excessive movements, with the...
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
1
20
2
+0
See Original
Report
163K Views
Comment
Sign in to post a comment
    avatar
    moomooニュース日本株
    moomoo News Official Account
    22K
    Followers
    4
    Following
    231K
    Visitors
    Follow
    Discussing
    Trump 2.0 Era: How will global markets evolve?
    🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More