Nikkei Average started at a decrease of 61 yen, with real GDP growth rate of 3.1% annually in Q2 (April-June), where individual consumption and equipment investment were in the positive.
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Market Overview
In today's Tokyo stock market, the Nikkei Average Stock Price started at 36,381.40 yen, a decrease of 61.03 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) started at 2,583.51, up by 1.61 points.
Market Overview
In today's Tokyo stock market, the Nikkei Average Stock Price started at 36,381.40 yen, a decrease of 61.03 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) started at 2,583.51, up by 1.61 points.
Top News
The yen was in the mid-147 yen range against the dollar, as the US CPI was in line with expectations and the speculation of a significant interest rate cut receded.
In the Tokyo foreign exchange market on the morning of the 15th, the yen exchange rate has been stable in the mid-147 yen range per dollar since the previous evening. The US consumer price index (CPI) remained almost as expected, leading to a retreat in the speculation of a significant interest rate cut in September, weighing on the yen. On the other hand, with the prospect of Prime Minister Fumio Kishida resigning, political uncertainties and expectations for additional rate hikes by the Bank of Japan are likely to support the yen downward.
The real GDP for April-June increased by an annual rate of 3.1%, driven by positive trends in personal consumption and capital investment.
The Japanese economy turned to positive growth for the first time in two quarters in the April-June period. Against the backdrop of the resumption of shipments by some auto manufacturers that had authentication fraud issues, personal consumption and capital investment improved. With wage increase rates in this year's spring labor negotiations reaching a 33-year high, the improvement in income environment also boosted consumption.
What is the post-Kishida brand? Will it move due to Yen appreciation? Pay attention to related brands of candidates for the next prime minister!
On the 14th, Prime Minister Kishida announced that he would not run in the Liberal Democratic Party leadership election in September. When Kyodo News reported in the morning followed by other media, the Nikkei Stock Average rose by about 300 yen, then fell by about 550 yen, and later fluctuated wildly, returning to the pre-news levels, indicating that the uncertainty caused by the leadership change had an impact on the market.
Fronteo received a large number of buy orders, accelerating its stock price increase in response to a significant increase in operating profit for the fiscal year ending March 2025.
$Fronteo (2158.JP)$Due to a large number of buy orders not resulting in trades, the trading started with a positive "kai" indication and quickly raised the level. In addition to the legal business utilizing AI natural language analysis developed in-house, the company has been focusing on AI solutions expanding horizontally, especially in the medical and life sciences fields in recent years.
Source: Bloomberg, MINKABU
- moomoo News Japan Stocks Evelyn
The yen was in the mid-147 yen range against the dollar, as the US CPI was in line with expectations and the speculation of a significant interest rate cut receded.
In the Tokyo foreign exchange market on the morning of the 15th, the yen exchange rate has been stable in the mid-147 yen range per dollar since the previous evening. The US consumer price index (CPI) remained almost as expected, leading to a retreat in the speculation of a significant interest rate cut in September, weighing on the yen. On the other hand, with the prospect of Prime Minister Fumio Kishida resigning, political uncertainties and expectations for additional rate hikes by the Bank of Japan are likely to support the yen downward.
The real GDP for April-June increased by an annual rate of 3.1%, driven by positive trends in personal consumption and capital investment.
The Japanese economy turned to positive growth for the first time in two quarters in the April-June period. Against the backdrop of the resumption of shipments by some auto manufacturers that had authentication fraud issues, personal consumption and capital investment improved. With wage increase rates in this year's spring labor negotiations reaching a 33-year high, the improvement in income environment also boosted consumption.
What is the post-Kishida brand? Will it move due to Yen appreciation? Pay attention to related brands of candidates for the next prime minister!
On the 14th, Prime Minister Kishida announced that he would not run in the Liberal Democratic Party leadership election in September. When Kyodo News reported in the morning followed by other media, the Nikkei Stock Average rose by about 300 yen, then fell by about 550 yen, and later fluctuated wildly, returning to the pre-news levels, indicating that the uncertainty caused by the leadership change had an impact on the market.
Fronteo received a large number of buy orders, accelerating its stock price increase in response to a significant increase in operating profit for the fiscal year ending March 2025.
$Fronteo (2158.JP)$Due to a large number of buy orders not resulting in trades, the trading started with a positive "kai" indication and quickly raised the level. In addition to the legal business utilizing AI natural language analysis developed in-house, the company has been focusing on AI solutions expanding horizontally, especially in the medical and life sciences fields in recent years.
Source: Bloomberg, MINKABU
- moomoo News Japan Stocks Evelyn
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