The Nikkei average started at a decrease of 188 yen. The consumer prices in Tokyo's 23 wards rose by 1.8% in October, marking a negative growth for the second consecutive month.
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Market Overview
In today's Tokyo stock market, the Nikkei average stock price started at ¥37,954.78, down ¥188.51 from the previous trading day, and the Tokyo Stock Price Index (TOPIX) started at 2,624.57, down 11.00 points.
Market Overview
In today's Tokyo stock market, the Nikkei average stock price started at ¥37,954.78, down ¥188.51 from the previous trading day, and the Tokyo Stock Price Index (TOPIX) started at 2,624.57, down 11.00 points.
Top News
BOJ Governor remarks, 'There is some time flexibility regarding the interest rate hike decision.'
BOJ Governor Haruhiko Kuroda stated at a press conference in Washington on the 24th that he believes there is 'some time flexibility' regarding future additional interest rate hikes. He also explained that regarding the recent depreciation of the yen's impact on prices, it will be carefully analyzed 'taking into account overall views on the trends in the U.S. economy.'
There is a slightly growing optimism about the U.S. economy, but it is necessary to deepen the analysis on whether the good U.S. data will continue for a long time. He also indicated that the market still remains unstable.
In October, the consumer price index for the Tokyo metropolitan area rose by 1.8%, marking the second consecutive month of negative growth.
The consumer price index for the Tokyo metropolitan area, excluding volatile fresh food, announced by the Ministry of Internal Affairs on the 25th of October, showed a 1.8% year-on-year increase in the overall index, reaching 107.9. The growth rate shrank for the second consecutive month.
Summary of the foreign exchange market in the United States: softened temporarily to around 151.50 yen, as the increase in US interest rates eased.
On the 24th, the dollar-yen exchange rate in the New York foreign exchange market closed at around 151.83 yen per dollar, down about 93 yen compared to the previous day. The euro was trading at around 164.40 yen per euro, down about 29 yen, and the yen's value was up.
Leading X-ray analysis equipment company Rigaku HD listed today, following a series of large IPOs in Japan.
USA $The Carlyle Group (CG.US)$A scientific equipment manufacturer under $Rigaku Holdings (268A.JP)$will be listed on the Prime Market of the Tokyo Stock Exchange on the 25th. Rigaku Holdings manufactures and sells analysis equipment applying X-ray technology in fields such as semiconductors and batteries. It is the second IPO this year, with over 75% of shares being offered by Carlisle Companies holding a share. $Tokyo Metro (9023.JP)$Following this, it will be the second IPO of the year. Carlisle Companies, which holds over 75% of the shares, have offered shares domestically and internationally.
関連記事
BOJ Governor remarks, 'There is some time flexibility regarding the interest rate hike decision.'
BOJ Governor Haruhiko Kuroda stated at a press conference in Washington on the 24th that he believes there is 'some time flexibility' regarding future additional interest rate hikes. He also explained that regarding the recent depreciation of the yen's impact on prices, it will be carefully analyzed 'taking into account overall views on the trends in the U.S. economy.'
There is a slightly growing optimism about the U.S. economy, but it is necessary to deepen the analysis on whether the good U.S. data will continue for a long time. He also indicated that the market still remains unstable.
In October, the consumer price index for the Tokyo metropolitan area rose by 1.8%, marking the second consecutive month of negative growth.
The consumer price index for the Tokyo metropolitan area, excluding volatile fresh food, announced by the Ministry of Internal Affairs on the 25th of October, showed a 1.8% year-on-year increase in the overall index, reaching 107.9. The growth rate shrank for the second consecutive month.
Summary of the foreign exchange market in the United States: softened temporarily to around 151.50 yen, as the increase in US interest rates eased.
On the 24th, the dollar-yen exchange rate in the New York foreign exchange market closed at around 151.83 yen per dollar, down about 93 yen compared to the previous day. The euro was trading at around 164.40 yen per euro, down about 29 yen, and the yen's value was up.
Leading X-ray analysis equipment company Rigaku HD listed today, following a series of large IPOs in Japan.
USA $The Carlyle Group (CG.US)$A scientific equipment manufacturer under $Rigaku Holdings (268A.JP)$will be listed on the Prime Market of the Tokyo Stock Exchange on the 25th. Rigaku Holdings manufactures and sells analysis equipment applying X-ray technology in fields such as semiconductors and batteries. It is the second IPO this year, with over 75% of shares being offered by Carlisle Companies holding a share. $Tokyo Metro (9023.JP)$Following this, it will be the second IPO of the year. Carlisle Companies, which holds over 75% of the shares, have offered shares domestically and internationally.
関連記事
The initial price of Ligaku HD is 1,205 yen, 4.4% below the public offering price.
Nidec aims to expand its business and improve profitability through "strengthening component sales" of EV drive units.
$Nidec (6594.JP)$President Mitsuya Kishida stated at an earnings call held in Tokyo on the 24th that the company will strengthen its business of selling individual components such as motors for electric vehicles (EVs) in the EV drive unit e-Axle business. The company had previously been selling motors and transmissions integrated, but due to intensified price competition in the Chinese market, it had been narrowing down its orders. By focusing on component sales, the aim is to expand the business and improve profitability.
Source: Various company releases, MINKABU, Bloomberg, Nikkei newspaper
moomoo news of individual stocks Evelyn
Nidec aims to expand its business and improve profitability through "strengthening component sales" of EV drive units.
$Nidec (6594.JP)$President Mitsuya Kishida stated at an earnings call held in Tokyo on the 24th that the company will strengthen its business of selling individual components such as motors for electric vehicles (EVs) in the EV drive unit e-Axle business. The company had previously been selling motors and transmissions integrated, but due to intensified price competition in the Chinese market, it had been narrowing down its orders. By focusing on component sales, the aim is to expand the business and improve profitability.
Source: Various company releases, MINKABU, Bloomberg, Nikkei newspaper
moomoo news of individual stocks Evelyn
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manman999 : Nidec Corporation sponsored ADR has many manufacturing bases in China, and while it is supported by the Communist Party, it operates in quite dangerous regions such as Jiangsu. It's uncertain what will happen next. Being too closely associated with China feels like a double-edged sword. We'll have to wait and see what happens.