Nikkei average down 14 yen, stagnant after the opening, Tokyo Metro starts with a positive indication, stable asset stock aspect - also expanding investor base.

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Today, Tokyo Metro is listed, highlighting its stable asset stock aspect - expanding the investor base.
・ $Tokyo Metro (9023.JP)$On the 23rd, Tokyo Metro will list its shares on the main board of the Tokyo Stock Exchange. This listing is expected to expand the investor base for Tokyo Metro, which supports the lives of people in the capital region.
- Analysts expect the opening price to be around 1500 yen. This exceeds the public offering price of 1200 yen by 25%.
- The Japanese government holds 53.4% of Tokyo Metro's shares, while the Tokyo Metropolitan Government holds 46.6%. Both will sell half of their holdings in conjunction with the listing. The total offering amount is 348.6 billion yen, with a market capitalization of about 700 billion yen, making it a large IPO since the mobile carrier $SoftBank (9434.JP)$went public in 2018.

Tokyo Stock Exchange personnel under forced investigation for suspicion of insider trading.
A Tokyo Stock Exchange employee is reported to have been under a forced investigation by the Securities and Exchange Surveillance Commission on suspicion of violating the financial instruments trading law, which prohibits insider trading, for passing undisclosed information about a company's TOB (tender offer to buy shares) to relatives. The employee was in a position to know important information that should have been disclosed to investors by the listed company. The Surveillance Commission is currently investigating how the information was conveyed to the employee.

Bank of Japan is expected to continue with gradual interest rate hikes with growing confidence in sustaining inflation - IMF.
The International Monetary Fund (IMF) is increasingly confident in the sustainability of inflation in Japan, expecting the Bank of Japan to maintain a trajectory of gradual interest rate hikes over the next few years, as stated by the Chief of the IMF's Japan Task Center on Thursday.
In an interview at the annual meetings of the IMF and World Bank held in Washington D.C., Mr. Shueiri, responded by stating, "Indicators showing personal consumption are beginning to recover, and basic salaries of employees are starting to rise. This is why we are gaining confidence."

US foreign exchange market summary: temporarily rose to 151.20 yen, following the continued rise of US long-term interest rates.
On the 22nd day in the New York foreign exchange market, the dollar-yen exchange rate closed at around 151.08 yen per dollar, approximately 24 yen higher and yen weaker compared to the previous day. The euro was around 163.17 yen per euro, approximately 4 yen higher and yen weaker.

Mitsubishi UFJ, Dai-ichi Life Holdings, and others are in a state of equilibrium, with expectations for an improvement in the investment environment due to the continued rise in US long-term interest rates.
$Mitsubishi UFJ Financial Group (8306.JP)$Showing strong price movements near the previous day's closing price. $Dai-ichi Life Holdings (8750.JP)$The toro is also experiencing a mix of buying and selling. In the U.S. bond market, long-term bonds are being sold further, and the yield on U.S. 10-year bonds has reached the 4.2% level, the highest level in about three months since late July.