The Nikkei average climbed to the 0.04 million yen range for the first time in history, and consumer prices reached a high level for the first time in 4 months, indicating the end of the government's measures to combat high prices.
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Here is an overview of the opening this morning. Thank you in advance.![]()
Market Overview
In today's Tokyo stock market, the Nikkei average opened at 40,942.88 yen, up 127.22 yen from the previous day, and the Tokyo Stock Price Index (TOPIX) opened at 2,807.83, up 11.62 points. It reached an all-time high and rose to the 0.04 million yen range for the first time.
Market Overview
In today's Tokyo stock market, the Nikkei average opened at 40,942.88 yen, up 127.22 yen from the previous day, and the Tokyo Stock Price Index (TOPIX) opened at 2,807.83, up 11.62 points. It reached an all-time high and rose to the 0.04 million yen range for the first time.
Top News
Consumer prices are at a high level for the first time in four months, reflecting the government's measures to combat inflation.
The national core CPI (excluding fresh food) in February reached its highest level in four months. The trend in prices will continue to be a key factor in the Bank of Japan's decision to raise interest rates following the removal of negative interest rates. The core CPI rose 2.8% compared to the same month last year.
Larry Fink, Chairman of BlackRock, the world's largest asset management company, said on the 21st, 'The Japanese economy has entered a full-fledged positive cycle. There is still room for further growth in Japanese stocks.' He also mentioned that the timing of interest rate cuts in the United States could be as early as June and that US stocks are not in a bubble, considering the active corporate activity.
Japanese stocks are still expected to rise, according to Larry Fink, Chairman of BlackRock, the world's largest asset management company. He stated that the Japanese economy has entered a full-fledged positive cycle and there is still room for further growth in Japanese stocks. He also mentioned that the timing of interest rate cuts in the United States could be as early as June and that US stocks are not in a bubble, considering the active corporate activity.
The arrival of a high-growth era due to changes in the Bank of Japan's monetary policy has led to increased buying of bank and construction stocks by Ever Rich.
Fund managers who have been bullish on bank stocks in anticipation of a revision to the Bank of Japan's monetary policy are now considering increasing their holdings of bank stocks and timing their additional investments in construction stocks, which benefit from the strong economy.
Deposit interest rates have been raised across the board, with the three major banks and regional banks raising rates to 0.02%. Lending benchmark interest rates are at their highest level in 13 years.
After the Bank of Japan decided to lift the negative interest rate, private banks announced a simultaneous increase in the interest rates of ordinary deposits on the next business day, spreading the benefits to households. Regarding corporate loans, one of the benchmark interest rates reached its highest level in about 13 and a half years since 2010, and a slight increase in lending rates is expected in the future.
Sharp - Continues to Rise: Considering reducing LCD production, potential suspension of production of its subsidiary in Sakai, according to Nikkei.
$Sharp (6753.JP)$Continues to Rise: Japanese economic newspaper morning edition on the 22nd reported that the company is considering reducing its LCD display business.
Consumer prices are at a high level for the first time in four months, reflecting the government's measures to combat inflation.
The national core CPI (excluding fresh food) in February reached its highest level in four months. The trend in prices will continue to be a key factor in the Bank of Japan's decision to raise interest rates following the removal of negative interest rates. The core CPI rose 2.8% compared to the same month last year.
Larry Fink, Chairman of BlackRock, the world's largest asset management company, said on the 21st, 'The Japanese economy has entered a full-fledged positive cycle. There is still room for further growth in Japanese stocks.' He also mentioned that the timing of interest rate cuts in the United States could be as early as June and that US stocks are not in a bubble, considering the active corporate activity.
Japanese stocks are still expected to rise, according to Larry Fink, Chairman of BlackRock, the world's largest asset management company. He stated that the Japanese economy has entered a full-fledged positive cycle and there is still room for further growth in Japanese stocks. He also mentioned that the timing of interest rate cuts in the United States could be as early as June and that US stocks are not in a bubble, considering the active corporate activity.
The arrival of a high-growth era due to changes in the Bank of Japan's monetary policy has led to increased buying of bank and construction stocks by Ever Rich.
Fund managers who have been bullish on bank stocks in anticipation of a revision to the Bank of Japan's monetary policy are now considering increasing their holdings of bank stocks and timing their additional investments in construction stocks, which benefit from the strong economy.
Deposit interest rates have been raised across the board, with the three major banks and regional banks raising rates to 0.02%. Lending benchmark interest rates are at their highest level in 13 years.
After the Bank of Japan decided to lift the negative interest rate, private banks announced a simultaneous increase in the interest rates of ordinary deposits on the next business day, spreading the benefits to households. Regarding corporate loans, one of the benchmark interest rates reached its highest level in about 13 and a half years since 2010, and a slight increase in lending rates is expected in the future.
Sharp - Continues to Rise: Considering reducing LCD production, potential suspension of production of its subsidiary in Sakai, according to Nikkei.
$Sharp (6753.JP)$Continues to Rise: Japanese economic newspaper morning edition on the 22nd reported that the company is considering reducing its LCD display business.
Orix - Continues to Rise: The real estate management company under its umbrella is reportedly considering including US commercial real estate in its investment portfolio.
$ORIX (8591.JP)$Continues to Rise: Bloomberg reported on the 22nd that Orix Real Estate Investment Advisor, a subsidiary of the company, is considering the inclusion of US commercial real estate as an investment destination.
$ORIX (8591.JP)$Continues to Rise: Bloomberg reported on the 22nd that Orix Real Estate Investment Advisor, a subsidiary of the company, is considering the inclusion of US commercial real estate as an investment destination.
Source: Bloomberg, The Nikkei, Tradersweb.
moomoo news of individual stocks in Japan Evelyn
moomoo news of individual stocks in Japan Evelyn
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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