The Nikkei average started to decline, with the widening of the decline due to President Trump's strengthening of tariffs. Yen buying and dollar buying for risk aversion.
Good morning to all moomoo users!![]()
Opening overview for the morning. Thank you in advance.
Market Overview
In today's Tokyo stock market, the Nikkei average stock price started at 38,596.76 yen, down 183.38 yen from the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2,703.90, down 11.70 points. The announcement by President-elect Trump on his own social media accounts that he will impose an additional 10% tariff on China is being considered as a material factor. Selling is seen due to the expectation that the performance of Japanese companies will be affected through China's exports.
In today's Tokyo stock market, the Nikkei average stock price started at 38,596.76 yen, down 183.38 yen from the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2,703.90, down 11.70 points. The announcement by President-elect Trump on his own social media accounts that he will impose an additional 10% tariff on China is being considered as a material factor. Selling is seen due to the expectation that the performance of Japanese companies will be affected through China's exports.
Top News
Risk aversion leads to buying yen and dollars, with Australian dollar, Canadian dollar, and Mexican peso sharply falling.
President-elect Trump spoke of imposing 10% tariffs on China and 25% tariffs on Canada and Mexico. Concerns over escalating trade frictions are spreading risk aversion, leading to a rise in the yen and the dollar. The Australian dollar, Canadian dollar, and Mexican peso have plummeted.
Risk aversion leads to buying yen and dollars, with Australian dollar, Canadian dollar, and Mexican peso sharply falling.
President-elect Trump spoke of imposing 10% tariffs on China and 25% tariffs on Canada and Mexico. Concerns over escalating trade frictions are spreading risk aversion, leading to a rise in the yen and the dollar. The Australian dollar, Canadian dollar, and Mexican peso have plummeted.
Advantest - Significantly down, reacting negatively to Nvidia's 4% drop, semiconductor stocks are low.
$Advantest (6857.JP)$Significant decline. Nvidia's decline is causing concern. Although the Philadelphia Semiconductor Index rose in the previous day's US market, Nvidia's stock price dropped by more than 4%. In addition, President-elect Trump has announced that he will impose an additional 10% tariff on almost all imports from China. Against this backdrop, domestic semiconductor stocks are also predominantly being sold. $Tokyo Electron (8035.JP)$、 $Lasertec (6920.JP)$、 $Disco (6146.JP)$、 $Kokusai Electric (6525.JP)$Other stocks are also low.
$Advantest (6857.JP)$Significant decline. Nvidia's decline is causing concern. Although the Philadelphia Semiconductor Index rose in the previous day's US market, Nvidia's stock price dropped by more than 4%. In addition, President-elect Trump has announced that he will impose an additional 10% tariff on almost all imports from China. Against this backdrop, domestic semiconductor stocks are also predominantly being sold. $Tokyo Electron (8035.JP)$、 $Lasertec (6920.JP)$、 $Disco (6146.JP)$、 $Kokusai Electric (6525.JP)$Other stocks are also low.
US foreign exchange market summary: The US interest rate decline affected a temporary softening to the 153.60 yen level.
On the 25th, in the New York foreign exchange market, the dollar-yen exchange rate closed at around 154.23 yen per dollar, approximately 55 yen lower than the previous week, with the dollar weakening and the yen strengthening. The euro was trading at around 161.87 yen per euro, approximately 60 yen stronger, signaling a higher euro and weaker yen. President-elect Trump nominated investor Scott Bessent as the Treasury Secretary on the 22nd. It is believed that Bessent places importance on fiscal discipline, leading to a decrease in long-term interest rates in the U.S. as views suggest that the country's debt expansion will be controlled.
On the 25th, in the New York foreign exchange market, the dollar-yen exchange rate closed at around 154.23 yen per dollar, approximately 55 yen lower than the previous week, with the dollar weakening and the yen strengthening. The euro was trading at around 161.87 yen per euro, approximately 60 yen stronger, signaling a higher euro and weaker yen. President-elect Trump nominated investor Scott Bessent as the Treasury Secretary on the 22nd. It is believed that Bessent places importance on fiscal discipline, leading to a decrease in long-term interest rates in the U.S. as views suggest that the country's debt expansion will be controlled.
Sekisui Chemical Industry - buyers' tone. Government goal to achieve 'bendable solar cells', targeting 10% of household electricity by FY 2040 according to Nikkei.
$Sekisui Chemical (4204.JP)$Showing a positive sentiment. An article in the morning edition of the Nikkei on the 26th reported that the Ministry of Economy, Trade and Industry is planning to set a government goal to introduce 20 gigawatts of advanced perovskite solar cells by FY 2040. Following this report, there has been buying interest in companies developing perovskite solar cells, as well as the iodine manufacturers supplying the key materials. $Ise Chemicals (4107.JP)$、 $K&O Energy Group (1663.JP)$Vroom Inc, a solar cell manufacturing equipment maker $NPC (6255.JP)$and is on the buy side.
$Sekisui Chemical (4204.JP)$Showing a positive sentiment. An article in the morning edition of the Nikkei on the 26th reported that the Ministry of Economy, Trade and Industry is planning to set a government goal to introduce 20 gigawatts of advanced perovskite solar cells by FY 2040. Following this report, there has been buying interest in companies developing perovskite solar cells, as well as the iodine manufacturers supplying the key materials. $Ise Chemicals (4107.JP)$、 $K&O Energy Group (1663.JP)$Vroom Inc, a solar cell manufacturing equipment maker $NPC (6255.JP)$and is on the buy side.
HIS - sell orders postponed full-year earnings announcement, suspicion of improper receipt of employment adjustment subsidies at subsidiary
$H.I.S. (9603.JP)$Selling pressure. The company announced that it is under investigation by the Tokyo Labor Bureau for suspected improper receipt of employment adjustment subsidies from April 2020 to March 2023 at its consolidated subsidiary Number One Travel Shibuya.
$H.I.S. (9603.JP)$Selling pressure. The company announced that it is under investigation by the Tokyo Labor Bureau for suspected improper receipt of employment adjustment subsidies from April 2020 to March 2023 at its consolidated subsidiary Number One Travel Shibuya.
Nintendo - continues to rise, rumored to have a better start than 'Pokémon' new smartphone game, surpassing 'Pokémon GO'
$Nintendo (7974.JP)$continues to rise. Bloomberg News reported on the 26th that the initial sales of the new smartphone app game in the 'Pocket Monsters' series have exceeded 'Pokémon GO' by over 70% during the same period.
$Nintendo (7974.JP)$continues to rise. Bloomberg News reported on the 26th that the initial sales of the new smartphone app game in the 'Pocket Monsters' series have exceeded 'Pokémon GO' by over 70% during the same period.
Nissan Motor Co - in a deadlock, U.S. production reduced by 20% due to sluggish sales, will continue production cut until the end of March 2025 = Nikkei
$Nissan Motor (7201.JP)$in a deadlock. On the 26th, the Nikkei reported that the company will reduce U.S. production by 17% compared to the previous year's actual performance by the end of March 2025. According to the article, it seems that the factories in Mississippi and Tennessee in the southeastern United States are targeted. Although the two factories had decided to reduce production by the end of the year, it seems they need to continue adjusting inventory due to poor sales. The company has decided to cut global production capacity by 20% due to poor performance.
$Nissan Motor (7201.JP)$in a deadlock. On the 26th, the Nikkei reported that the company will reduce U.S. production by 17% compared to the previous year's actual performance by the end of March 2025. According to the article, it seems that the factories in Mississippi and Tennessee in the southeastern United States are targeted. Although the two factories had decided to reduce production by the end of the year, it seems they need to continue adjusting inventory due to poor sales. The company has decided to cut global production capacity by 20% due to poor performance.
Source: Trader's Web, FISCO, MINKABU
- moomoo news on individual Japanese stocks Sherry
- moomoo news on individual Japanese stocks Sherry
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
