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Tokyo Market Summary: The Nikkei Average falls for the third day, sold ahead of the US employment statistics.

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moomooニュース日本株 wrote a column · Jan 10 14:48
Tokyo Market Summary: The Nikkei Average falls for the third day, sold ahead of the US employment statistics.
Hello, MOOMOO users!Good job on the closing bell. Here is today's stock market overview. Thank you.
● The Nikkei average closed at 39,190 yen, down 414 yen from the previous trading day.
● Bitcoin, profit-taking paused as the possibility of BTC sale weighs on by the US Department of Justice.
Ranked 20th in terms of "casino-related", with early interest in land use due to the unpopularity of the Osaka Expo < GAINIANBANKUAI >.
Meta Planet - rebound after 3 days Capital Research emerges as a major shareholder Shareholding ratio is 5.55%
iSpace - 6-day winning streak Agreement to consider cooperation with South Korea's Hancom Inspace on lunar exploration data analysis
IHI - rebound after 5 days Receives order for small CO2 recovery device from Sekisui Chemical Industry
Hot Stocks: $Metaplanet (3350.JP)$ $ispace (9348.JP)$ $IHI (7013.JP)$etc
MOOMOO News on Japanese Stocks Kingsley

Market Overview
In today's Tokyo stock market, the Nikkei Average Stock Price closed at 39,190.40 yen, down 414.69 yen from the previous business day, while the Tokyo Stock Price Index (TOPIX) ended at 2,714.12, down 21.80 points. With the upcoming release of US employment statistics tonight, selling pressure dominated the Tokyo stock market, resulting in a drop of over 400 yen in the Nikkei average. The yen depreciation is ongoing. The Federal Reserve Board (FRB) has shown a cautious stance on further interest rate cuts, raising awareness of the widening interest rate gap between Japan and the US, leading to a preference for selling the yen.
Tokyo Market Summary: The Nikkei Average falls for the third day, sold ahead of the US employment statistics.

Top News
Bitcoin sees a pause in buying as the possibility of BTC sales by the US Department of Justice weighs heavy.
The widely-used cryptocurrency Bitcoin (BTC) has experienced a temporary halt in buying activity, currently trading around 14.7 million yen against the yen, a decrease of 2.6% over a 24-hour period. It dropped to around 14.47 million yen, marking the lowest level since the end of last year. BTC is fluctuating in the $0.09 million 2700 range against the dollar, with some selling pressure pushing it down to the $0.09 million 1200 range yesterday.
The increased selling pressure on Bitcoin came after reports that the US Department of Justice obtained court approval to sell over 0.069 million BTC. The US government reportedly holds less than 0.2 million BTC confiscated from criminals and organizations, and it appears that some of it will be released into the market.
Tokyo Market Summary: The Nikkei Average falls for the third day, sold ahead of the US employment statistics.
Breaking news: TSMC's revenue in December 2024 was 278.16 billion Taiwan dollars, a 57.8% increase year-on-year.
$Taiwan Semiconductor (TSM.US)$In December 2024, revenue was 278.16 billion Taiwan dollars, a 57.8% increase compared to the same period last year.
Tokyo Market Summary: The Nikkei Average falls for the third day, sold ahead of the US employment statistics.

Hot stocks
"Casino-related" ranks 20th, with early interest in land use following the lack of popularity of the Osaka Expo. <STAR Theme>
In the "Popular Theme Ranking" compiled by Min-keibu and Kabu-Tan, "Casino-related" ranked 20th.
With 93 days to go before the Osaka-Kansai Expo, which will be held from April 13th to October 13th, the sale of advance tickets is not going well. Initially, out of the 23 million tickets planned, 14 million were set as sales target for advance sales. However, as of December 25 last year, the total number of tickets sold announced by the Japan International Exhibition Association was about 7.46 million, and Osaka Governor Yoshimura Hirofumi commented at a press conference on January 7th that he considers it a very high target, expressing the view that achieving the goal will be difficult.

Metaplannet - rebound after 3 days, Capital Research emerges as a major shareholder with a shareholding ratio of 5.55%
$Metaplanet (3350.JP)$Rising for the first time in three days. The material is that Capital Research and Management emerged as a major shareholder of the company. This was revealed in the massive ownership report (5% rule) received on January 10. The ownership ratio is 5.55%.
ISPACE - up for the 6th consecutive day, South Korea's Hancom Interspace and Moon Exploration Data Analysis agree to collaborate.
$ispace (9348.JP)$Rising for the 6th consecutive day. The company announced that at 12:32 on the 10th, it has signed a memorandum of understanding with South Korea's Hancom Inspace, a ground station system and satellite image analysis service based in Tejong, to explore cooperation on the analysis of lunar exploration data.
IHI is rebounding after 5 days, having received an order for a small CO2 recovery device from Sekisui Chemical Industry.
$IHI (7013.JP)$ Lannett Co Inc rebounds for the first time in 5 days. The company announced at 2:00 pm on the 10th. $Sekisui Chemical (4204.JP)$It has announced that it has received an order for a small CO2 recovery device that separates and recovers CO2 from incineration exhaust gases. The device, characterized by design standardization, reduces installation costs and enables quick delivery, and can easily install the necessary equipment in a compact package. It is intended to be first introduced mainly in the domestic market as a product suitable for demonstrating "carbon recycling" to suppress CO2 emissions into the atmosphere.
Seven & i Holdings sharply rises in the afternoon, on reports of Apollo considering investing in a management buyout (MBO).
$Seven & i Holdings (3382.JP)$Surging sharply in the afternoon session. On the 10th, Bloomberg reported that Apollo Global Management, a private equity investment company, is considering investing in the company's MBO (management buyout) plan.
Festaria surges in the late afternoon, following a stock split from 1 share to 3 shares and a substantial increase in dividend estimates.
$Festaria Holdings (2736.JP)$Surging sharply towards the end of the afternoon session. Around 3:00 p.m., the company announced a 3-for-1 stock split with February 28 as the record date, attracting buying interest. The purpose is to lower the investment amount per unit and increase the liquidity of stocks while expanding the investor base.
Chugai Pharmaceutical - Sharp decline, with the highest number of flu patients - Supply adjustments for some therapeutic drugs by pharmaceutical companies, according to Nikkei.
$Chugai Pharmaceutical (4519.JP)$Fell sharply. The December 10th edition of the Nihon Keizai Shimbun morning edition reported that on the 9th, the Ministry of Health, Labor and Welfare announced that the number of influenza patients reported by about 5,000 fixed-point medical institutions nationwide for the week of December 23-29, 2024, reached 0.31 million 7812 people, the highest since the current statistics began in 1999.
Source: Various company releases, MINKABU, FISCO, Trader's Web
Tokyo Market Summary: The Nikkei Average falls for the third day, sold ahead of the US employment statistics.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • 182941541 : It feels like the price movement during the adjustments of last year and the year before last, doesn't it? 🤔
    Is this what Analysts mean by hitting the bottom from January to March?

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