[Market Eye] Stocks: The Nikkei Average rebounded in the previous market, and there was also a reaction of continuing drastic depreciation of Trump's trade

July 16, 2024 11:49 AM GMT+9 (some excerpts)

The Nikkei Average rebounded in the front, and there was also a reaction of the Trump Trade Continuation Drastic Depreciation
The Nikkei Average rebounded to 41,399 yen 72 yen, 209 yen 04 yen higher than the previous business day in the Tokyo stock market. The Nikkei Average depreciated by over 1000 yen the previous weekend, and purchases aimed at an autonomous rebound began. In response to the shooting incident of former President Trump, there was also a continuation of the “Trump Trade,” which incorporates his re-election in the presidential election, and financial stocks and defense-related matters have remained steady.
The Nikkei Average started at 176 yen higher than the previous business day, then expanded the range of increases, and rose to 401,520 yen 07 yen, which was 329 yen higher at the beginning of the front market. A corner of high-tech stocks, which contributed greatly to the index, rose, and financial stocks and energy-related stocks remained steady. However, the buying momentum did not continue, and the increase gradually decreased, and the development of going back and forth continued until the first half of the market.