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Tokyo Market Summary: Nikkei Average Continued Growth US CPI Announcement and Aggressive Buying Ahead of Financial Events

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moomooニュース日本株 wrote a column · Dec 12, 2023 00:07
Tokyo Market Summary: Nikkei Average Continued Growth US CPI Announcement and Aggressive Buying Ahead of Financial Events
Hello Moomoo users! Thank you very much for your hard work.Today's stock price summary is as follows. Thank you in advance.
●The Nikkei Average ended at 32843.70 yen, up 51.90 yen the previous business day
●At the Bank of Japan meeting in December, most of the policy “maintaining the status quo” predictions were investigated by experts
● Japan's private credit attracts a record number of investors
● Department store Hankyu, which is rich in visitors to Japan, has the highest duty-free sales due to VIP treatment
● The JIC faction has priority negotiation rights due to the sale of Shinko Electric Industries, over 800 billion yen - stakeholders
● Attention to the handle: $Fujitsu(6702.JP)$ $Tokyo Electron(8035.JP)$ $Mitsubishi UFJ Financial Group(8306.JP)$ $AEON(8267.JP)$etc
ー Moo Moo News Japanese stock Evelyn

Market Overview
Today's Tokyo Stock Average ended at 32843.70 yen, 51.90 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 5.39 points to 2353.16.
Top news
Bank of Japan December meeting, most of the policy “maintaining the status quo” predictions were investigated by experts
The Bank of Japan will hold a monetary policy meeting on the 18th to 19th. According to a questionnaire survey conducted by Nikkei Quick News (NQN) targeting 28 “Bank of Japan watchers” who analyze monetary policy, the majority of responses were that they would decide to maintain large-scale monetary mitigation measures at this meeting.

Japan's private credit attracts a record number of investors
In Japan, which is the last major country in the world to apply negative interest rates, an unprecedented number of domestic investors are investing in domestic private credit projects in search of higher returns.

Featured stocks
Department store Hankyu, which is rich in visitors to Japan, has the highest duty-free sales due to VIP treatment
Inbound (foreign visitors to Japan) consumption at department stores is growing at a pace that exceeds what it was before the novel coronavirus disaster. Where are things that are doing particularly well. When department stores with high duty-free sales from April to September 2023 were ranked, stores that made efforts to create stores where you can have a high-quality shopping experience, such as welcoming wealthy people overseas and improving convenience, stood out at the top.

The JIC faction has priority negotiation rights due to the sale of Shinko Electric Industries, over 800 billion yen - stakeholders
$Fujitsu(6702.JP)$is proceeding with the sale procedure $Shinko Electric Industries(6967.JP)$It is expected that the government-affiliated fund Industrial Innovation Investment Organization (JIC) will obtain priority negotiation rights with the bid. Multiple people involved who are familiar with the situation made it clear on the 12th.

Tokyo Electron continues to grow, and US SOX is significantly higher and is close to the highest price
$Tokyo Electron(8035.JP)$It continues to grow. At one point, 20,020 yen, which is 1015 yen (4.41%) higher than the previous day, was added. The Philadelphia Semiconductor Stock Index (SOX), which consists of major semiconductor stocks, rose 3.39% from the previous day in the US stock market on the 11th.

Bank of Japan early correction observations where bank stocks such as Mitsubishi UFJ Financial Group are cheap have receded
$Mitsubishi UFJ Financial Group(8306.JP)$has declined. It was sold up to 1,258 yen, which was 22 yen 50 sen (1.75%) lower than the previous day. On the evening of the 11th Japan time, US Bloomberg News Agency reported the abolition of negative interest rates and long and short interest rate manipulation (yield curve control, YCC) etc. as “recognition that there is almost no need to hurry this month” as a story for Bank of Japan officials.

Price cut for 29 AEON-FUMI TOP VALUE items to a total of 60 items
$AEON(8267.JP)$they fight each other. The company announced on the 12th that it will cut prices for 29 items under the private brand “Top Value” from December 13.

PanaHD procures silicon anode materials from American company to increase the capacity of automotive batteries
$Panasonic Holdings(6752.JP)$Panasonic Energy, which is a battery business company under the umbrella of (HD), announced on the 12th that it will procure silicon anode materials from American startup companies. Battery capacity can be increased compared to graphite, which is generally used as an anode material.

Distribution source: Bloomberg, Nihon Keizai Shimbun, Trader's Web, FISCO
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