The Nikkei Average continued to rise for 3 days, and there was also an unstable situation where US stocks were high and the prime minister did not run

August 14, 2024 at 3:40 PM GMT+9 (some excerpts)

The Nikkei Average closed after 3 days of continuous growth to 36,442 yen 43 yen, 209 yen 92 yen higher than the previous business day. Buying was dominant in the morning, and buying was dominant, but when it was reported that Prime Minister Fumio Kishida would not run for the Liberal Democratic Party presidential election in September, the increase was reduced as the exchange rate fluctuated against the appreciation of the yen, and price movements became slightly unstable.
After the Nikkei Average rose by 303 yen, the increase widened to 36,683 yen 89 yen, which was 451 yen higher at one point. Buying took precedence over semiconductor-related stocks in response to the rise in the US Philadelphia Semiconductor Index (SOX). When the prime minister's intention not to run for the Liberal Democratic People's presidential election was reported in the middle of the front line, stocks were slightly stronger, then the increase was cut as the exchange rate fluctuated in the direction of appreciation of the yen, and then turned negative. There was also a sharp rise the day before, and sales of waiting for return and profit determination intensified.