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Tokyo Market Summary: Nikkei Average hits an all-time high in 34 years, with overseas funds flowing in due to a paradigm shift.

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moomooニュース日本株 wrote a column · Feb 22 00:09
Tokyo Market Summary: Nikkei Average hits an all-time high in 34 years, with overseas funds flowing in due to a paradigm shift.
Hello, moomoo users! Good job on the closing bell.Here is today's summary of the stock market. Thank you.
● The Nikkei average closed at ¥39,098.68, up ¥836.52 from the previous trading day.
● In a state of inflation, not deflation, consumer prices continue to rise - BOJ Governor.
● "Breaking away from the lost 30 years", "full of expectations" - Securities leaders at all-time high in stocks.
The Nikkei average hits an all-time high for the first time in 34 years, with overseas funds flowing in due to a paradigm shift.
SoftBank Group Corp widened its gains in the afternoon session, pushing the Nikkei average into the 39,000 yen range. Fast Retailing briefly hit 43,000 yen.
Hot Stocks: $Mitsubishi UFJ Financial Group (8306.JP)$ $Toyota Tsusho (8015.JP)$ $SoftBank Group (9984.JP)$ $KDDI (9433.JP)$
Moomoo news on Japanese stocks from Evelyn

Market Overview
In today's Tokyo stock market, the Nikkei Stock Average closed at 39,098.68 yen, up 836.52 yen compared to the previous trading day, while the Tokyo Stock Price Index (TOPIX) closed at 2,660.71, up 33.41 points.
Top News
Bank of Japan Governor Haruhiko Kuroda stated that consumer prices continue to rise in an inflationary state, not in deflation.
Bank of Japan Governor Haruhiko Kuroda indicated on the 22nd that the current price trend is in an inflationary state, not in deflation. Regarding the consumer price in Tokyo's central district in January falling below the 2% mark for the first time in 1 year and 8 months, Kuroda pointed out that the sluggish movement in passing on the high import prices and the impact of government economic measures, stating, "The gentle increase in service prices continues to reflect wage increases."

"Breaking away from the 'Lost 30 Years,'" "Full of expectations" - Securities Leader on Record High Stock Prices
"Exceeding the symbolic number of the 'Lost 30 Years.'" The Nikkei Stock Average briefly surpassed the highest closing price in about 34 years on the 22nd, $Daiwa Securities Group (8601.JP)$This is how President Seiji Nakata of the head office commented.

The Nikkei average reached a record high for the first time in 34 years, with overseas fund inflows in a paradigm shift.
The Nikkei Stock Average, consisting of 225 leading Japanese stocks, reached a record high for the first time in 34 years. Expectations for escaping deflationary economy and corporate governance reform of listed companies have led to Japan's outstanding performance in the global market last year. Amid continued inflow of funds from overseas investors, Japan has reached a historical turning point.

Hot stocks
Mitsubishi UFJ Financial Group rebounds as speculation of early US interest rate cut recedes after receiving minutes from the FOMC meeting.
$Mitsubishi UFJ Financial Group (8306.JP)$Rebounded, closing at 1,495.50 yen, up 20 yen (1.35%) from the previous day. Speculation of an early interest rate cut by the Federal Reserve Board (FRB) retreated following the January minutes from the Federal Open Market Committee (FOMC) released on the 21st. Due to the rise in long-term interest rates in the US on the same day, long-term interest rates in the domestic market also increased on the 22nd.

Toyota Tsusho - continued increase. Plans to mass-produce battery cases for cars in the US, with 0.04 million units per month for hybrid vehicles, reported by Nikkei.
$Toyota Tsusho (8015.JP)$Continues to rise. The Nikkei electronic version reported on the 22nd at 11:00 that the company will begin mass-producing cell cases for car batteries in the US from 2025.

SoftBank Group - afternoon gains expanded, pushing the Nikkei above 39,000 yen, Fast Retailing temporarily reached 43,000 yen.
$SoftBank Group (9984.JP)$In the afternoon session, the upward momentum expands. During the lunch break, the Nikkei average futures exceeded 39,000 yen, and when entering the afternoon session, the spot market also widened the increase and started trading. It quickly rose above the 39,000 yen level.

KDDI - showing a solid foundation. Aim to launch a new video-related solution in cooperation with Sony before the end of the year.
$KDDI (9433.JP)$Showing a solid foundation. The company announced on the 21st that they will accelerate the joint promotion of video-related solution business for promoting DX in the broadcasting and media industry with its subsidiary Sony. $Sony Group (6758.JP)$Showing a solid foundation. The company announced on the 21st that they will accelerate the joint promotion of video-related solution business for promoting DX in the broadcasting and media industry with its subsidiary Sony.

Source: Bloomberg, The Nikkei, Tradersweb.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • し〜dora : As always, Japanese securities companies have a field of flowers on their heads. It's not a break with the paradigm shift and the lost 30 years. By Global Financial Mafia. It's a built-in role. Certainly, I'm also impressed by Shidora, who was on the front line 30 years ago. The ones that work are SoftBank G, trading company stocks, and semiconductor and industrial robot manufacturers. If you want to draw a dream, Sony or Honda G smartphone car

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