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Start with the Nikkei average rising by 227 yen and expect the year-end exchange rate to rise

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moomooニュース日本株 wrote a column · Dec 26, 2023 18:10
Start with the Nikkei average rising by 227 yen and expect the year-end exchange rate to rise
Good morning to all moomoo users!Here's an overview of this morning's turnaround. Thank you in advance.

Market Overview
Today's Nikkei Stock Average began at 33532.97 yen, 227.12 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) rose 12.44 points to 2351.30.
Start with the Nikkei average rising by 227 yen and expect the year-end exchange rate to rise
Top news
The upward trend in yen may be coming to an end - Jefferies Bechtel
Brad Bechtel (working in New York), is warning exchange traders who bet on the appreciation of the yen so that they are not taken away by such trends.

Improper insurance policies 576 companies and improvement orders for 4 non-life insurance companies
On the 26th, the Financial Services Agency issued business improvement orders based on the Insurance Business Act to the four companies Tokio Marine & Nichido Fire Insurance, General Insurance Japan, Mitsui Sumitomo Insurance, and Aioi Nissay Dowa Insurance over price adjustment issues for corporate insurance by major non-life insurance companies. In an investigation by the Financial Services Agency, it was found that 576 business partners, including local governments, had inappropriate insurance policies.

Toyota Motor Corporation - 3 days of continuous growth, advanced semiconductors, Toyota and others to conduct joint research with a new organization for autonomous driving = Nikkei
$Toyota Motor(7203.JP)$It continued to increase for 3 days. The morning edition of the Nihon Keizai Shimbun dated 27th reported on the 26th that it became known that major automobile companies such as the company will move to joint research on advanced semiconductors used for autonomous driving, etc.
SoftBank - New Program for Payment of Continued Growth Models Launched
$SoftBank(9434.JP)$It continues to grow. The company announced a new program related to payment of model fees on the 26th. Target models are purchased with 48 payments, applied for bonus use after the 13th month, and provision of “new advantageous support (value),” where payment of the model fee for up to 36 times is unnecessary when the company collects the model, will begin on the 27th.
KDDI tests a curved solar cell wrapped around a base station in a telephone pole shape
$KDDI(9433.JP)$It was announced that it will begin a demonstration experiment to install thin and bendable next-generation solar cells at base stations. Attach a pole and wrap it around a utility pole-type base station where it is difficult to install solar cells. It will be carried out in Oizumi-cho, Gunma-ken for a maximum of 1 year from 2024/2.

ー Moo Moo News Japanese stock Evelyn
Distribution source: Nihon Keizai Shimbun, Traders Web, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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