The total market value of the prime market increased by about 7.7% from the end of last year, export price index rose ⇔ import price index fell

Buying and selling interlaced in the Tokyo Stock Exchange on January 16. Since Japanese stocks have risen significantly since the beginning of the year, it seems that there are many investors who would welcome a break.

As of January 15, the total market value of stocks adopted by the Nikkei Average is 649,240 trillion yen. It's about 650 trillion yen. At the end of last year, it was 604.28 trillion yen. This is an increase of 7.4% compared to the end of last year.

The closing price of the Nikkei Average on the 15th rose 7.28% compared to the end of last year, and TOPIX also rose 6.68%.

Meanwhile, the total market value of the Prime market as a whole was 897 trillion yen at the closing price on the 15th. At the end of last year, there was a 7.68% increase compared to 833 trillion yen.

Stock price adjustments after a sharp rise would be natural. However, the assets of investors holding Japanese stocks are increasing. For example, the value of Japanese stocks, which was 10 million yen as of the end of last year, has increased to 10.77 million yen if it is in line with an increase in market capitalization.

Investors who are able to afford their assets will act positively. Even if a profit margin sale is made, if the stock price falls, there will be many investors who will buy the stock again.

I think it will be a development where stocks with investment value can be bought.

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The Bank of Japan announced the corporate goods price index for December on the 16th. They are shown in chronological order below.

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Changes in the corporate goods price index (yen basis) (compared to the same month last year,%)
export price index
August +3.9
September+2.9
October+2.3
November+4.7
December+5.5
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import price index
August-11.7
September-14.3
October-11.9
November-6.4
December-4.9
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While export prices are rising, import prices are falling. Prices of exported products have risen compared to the same month last year, and prices of imported raw materials have declined. I'm making a profit. The trading situation of Japanese companies is improving. This is positive data on the performance of Japanese companies. It's probably one of the reasons for the rise in Japanese stocks.

Radio NIKKEI commentator Kamata Shinichi

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