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The Nikkei average started to rebound for the first time in three days, with Nasdaq high and the weak yen favoring buying. SOFTBANK GROUP CO continued to rise, semiconductor stocks were firm, and Sumitomo A-REIT ETF soared significantly.

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moomooニュース日本株 wrote a column · Dec 17, 2024 08:26
The Nikkei average started to rebound for the first time in three days, with Nasdaq high and the weak yen favoring buying. SOFTBANK GROUP CO continued to rise, ...
Hello MOOMOO users, good morning!Here is a summary of the morning opening. Thank you.
Market Overview
In today's Tokyo stock market, the Nikkei average stock price started at 39,589.65 yen, up 132.16 yen from the previous trading day, and the Tokyo Stock Price Index (TOPIX) started at 2,742.39, up 4.06 points. The rise of semiconductor and other related stocks is leading the index higher, following the uptrend in US high-tech stocks. This week, with successive announcements of policy interest rates by central banks in Japan, the US, and China on the horizon, the foreign exchange market is seeing further depreciation of the yen, making it more likely to be perceived as a tailwind for export sectors such as high-tech stocks.
The Nikkei average started to rebound for the first time in three days, with Nasdaq high and the weak yen favoring buying. SOFTBANK GROUP CO continued to rise, ...
The Nikkei average started to rebound for the first time in three days, with Nasdaq high and the weak yen favoring buying. SOFTBANK GROUP CO continued to rise, ...
Top News
Remarks by key figures.
President Trump-elect of the USA.
SOFTBANK GROUP CO will invest $100 billion in the USA.
Finished a fruitful meeting with Mr. Masayoshi Son, the CEO of SOFTBANK GROUP CO.
We will talk to President Putin of Russia.
Meet with the Prime Minister of Japan.
「就任式前に日本の首相と会うかもしれない」
ソフトバンクGが続伸、米国でのAI関連15兆円投資計画表明を材料視
$SoftBank Group (9984.JP)$Continued rise, showing a strong trend around the 9,000 yen level. On the 16th, the company's Chairman and President, Masayoshi Son, met with President-elect Trump and announced plans to invest $100 billion (approximately 15.4 trillion yen) in the USA over the next four years. The focus is expected to be on AI-related projects such as investment in data centers for AI development, anticipating 100,000 new jobs.
Toyota is in a strong stalemate, the rapid rise of the dollar to the 154 yen range is a tailwind.
$Toyota Motor (7203.JP)$Trading around the previous day's closing price, as we approach this week's FOMC and BOJ monetary policy meetings, attention is focused on the monetary policies of central banks in Japan and the USA. Amid conflicting speculations, the foreign exchange market sees a scenario where the dollar is being bought, leading to the current trend of 1 dollar = 154 yen range and a rapid depreciation of the yen. Against this backdrop, among the export sector, Automobiles stocks with particularly high exchange rate sensitivity are benefiting.
US foreign exchange market summary: It temporarily rose to the 154.40 yen level, using clues such as rising US interest rates.
On the 16th, the dollar-yen exchange rate in the New York foreign exchange market closed with a dollar appreciation of about 50 yen and a depreciation of the yen by about 50 yen compared to the previous week's end, with 1 dollar = 154.15 yen. The euro was around 1 euro = 162.03 yen, about 65 yen higher than the previous week, leading to a euro appreciation and yen depreciation. While there is a growing view that the pace of rate cuts by the Federal Reserve is slowing down, there is strong speculation that the Bank of Japan would refrain from raising rates at the monetary policy meeting scheduled on the 18th to 19th, making it easy for dollar buying and yen selling.
Related Articles
Outlook for today: The trend of a strong dollar and a weak yen continues, focusing on tomorrow's FOMC and the Bank of Japan the day after tomorrow.
Sumitomo Realty & Development - Buy indication. Share buyback with a maximum of 8 million shares and 35 billion yen, representing 1.69% of the total issued shares.
$Sumitomo Realty & Development (8830.JP)$Shows a buy indication. The company announced on the 16th a buyback framework with a limit of 8 million shares and 35 billion yen. The acquisition period is from December 17, 2024, to June 30, 2025. If the maximum number of shares is acquired, the share of treasury stock excluding the purchased shares will be 1.69% of the total issued shares.
Source: Trader's Web, FISCO, MINKABU
MOOMOO News of individual stocks Japanese Stock Sherry
The Nikkei average started to rebound for the first time in three days, with Nasdaq high and the weak yen favoring buying. SOFTBANK GROUP CO continued to rise, ...
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