The Nikkei Average rebounded in the morning, and the overall rise was high due to favorable expectations of an autonomous rebound in US high-tech stocks

July 29, 2024 11:57 AM GMT+9 (some excerpts)

The Nikkei Average rebounded to 38,415 yen 75 yen, which was 748 yen 34 yen higher than the previous business day in the Tokyo stock market. I liked the fact that high-tech stocks rose in response to a slowdown in inflation in the US market the previous weekend, and purchases expecting an autonomous rebound from a continuous decline for 8 business days became dominant. It was widely bought and became a completely expensive trade name, and the increase exceeded 1000 yen at one point.
Even after the Nikkei Average rose by 471 yen and came close, the upper price increased to 38,719 yen 70 yen, which was 1052 yen higher at one point. It was bought in a wide range of ways, mainly semiconductor-related and high-tech stocks such as Tokyo Electron, using the fact that high-tech stocks rose in response to a slowdown in growth in the June personal consumption expenditure (PCE) price index in the US market the previous weekend. Individual searches that looked at financial results etc. as materials also stood out.