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Tokyo Market Summary: Nikkei Average depreciation of 2216 yen, second-place decline in history, triple shock hitting Japanese stocks

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moomooニュース日本株 wrote a column · 12 hours ago
Tokyo Market Summary: Nikkei Average depreciation of 2216 yen, second-place decline in history, triple shock hitting Japanese stocks
Hello Moomoo users! Thank you very much for your hard work.Today's stock market summary is as follows.Thank you for your support.
●The Nikkei Average ended at 35909.70 yen, 2216.63 yen lower than the previous business day
● The triple shock hit Japanese stocks with the Nikkei average depreciation of 2000 yen
● Bank stocks plummeted for the first time in over 4 years, loan concerns due to deterioration in the US economy - 40% high rebound since the beginning of the year
● Be wary of the impact on fee revenue due to a sharp drop in securities stocks such as Yamato and the Nikkei average of over 2000 yen at one time ◇
●Semiconductor-related stocks plummeted due to a sharp decline in the US semiconductor index
● Attention to the handle: $Nippon Steel(5401.JP)$ $Daiwa Securities Group(8601.JP)$ $Mitsubishi UFJ Financial Group(8306.JP)$ $Tokyo Electron(8035.JP)$etc
ー MooMoo News Japanese stock Sherry
Market Overview
Today's Nikkei Stock Average was 35909.70 yen, 2216.63 yen lower than the previous business day, and the decline was second only to 3836 yen on 1987/10/20, the biggest decline ever. The TSE stock price index (TOPIX) ended at 2537.60, down 166.09 points.
Top news
The Nikkei average depreciates by over 2000 yen and the triple shock hits Japanese stocks
The Nikkei Average has plummeted. The trigger was a decline in the US economic indicators announced the day before. In addition to being aware of the possibility of a recession in the US economy, there are also high expectations for high-tech stocks, starting with semiconductors, which have driven world stock prices. Furthermore, the inherent bad news that the current appreciation of the yen will lead to a decline in corporate performance overlaps with Japanese stocks. Investor sentiment has cooled down due to the sudden “triple shock,” and the lower price is no longer visible.
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Minister of Finance denies government declaration “not yet reached” to overcome deflation
Finance Minister Suzuki Shunichi said at a press conference after the cabinet meeting on the 2nd that “we still cannot deny the possibility of going backwards, and we have not yet reached a break” as to whether the government will declare overcoming deflation. The Bank of Japan decided to raise additional interest rates due to the risk of price inflation as one of the reasons, but it showed recognition that there is a distance to overcome deflation.
Featured stocks
Nippon Steel revised its profit forecast for the fiscal year ending March 25 upward due to retrograde gains and improved margins
$Nippon Steel(5401.JP)$There is a rebound amidst a general decline in market prices. It is well received that business profit was revised upward from 650 billion yen to 70 billion yen (down 19.5% from the previous fiscal year) for the consolidated earnings forecast for the fiscal year ending 25/3 after the end of the transaction on the 1st.
Securities stocks such as Yamato plummeted, and the Nikkei average was over 2000 yen lower at one time, so be wary of the impact on fee revenue ◇
$Daiwa Securities Group(8601.JP)$At one point, it was sold up to 970 yen 10 yen, which was 21.16% lower. On the Tokyo Stock Exchange on the 2nd, the Nikkei Stock Average fell by over 2000 yen at one point compared to the previous day. As the risk aversion mood spreads due to a sense of caution against the deceleration of the US economy, investors refrain from stock trading in response to stock depreciation, and scenarios where fee income from securities companies is reduced are being considered, and selling pressure is intensifying. $Nomura Holdings(8604.JP)$Ya $Tokai Tokyo Financial Holdings(8616.JP)$ $SBI Holdings(8473.JP)$Stock price levels have also been devalued, and the “securities and commodity futures trading business” is at the top of the decline rate in the Tokyo Stock Exchange's industry-specific index.
Bank stocks such as Mitsubishi UFJ depreciated drastically, and sales accelerated due to a sharp drop in long-term interest rates◇
$Mitsubishi UFJ Financial Group(8306.JP)$Ya $Sumitomo Mitsui Financial Group(8316.JP)$ $Mizuho Financial Group(8411.JP)$Bank stocks, etc. have generally depreciated drastically. As investors' risk tolerance declined drastically, funds flowed into government bonds positioned as safe assets. The yield on new 10-year bonds (long-term interest rate) has fallen below 1% and has declined sharply to 0.960%. There is also an acceptance that interest rate improvement expectations associated with rising interest rates have receded against bank stocks, and it seems that sales have accelerated.
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Bank stocks plummeted for the first time in over 4 years, loan concerns due to deterioration in the US economy - 40% high rebound since the beginning of the year
Semiconductor-related stocks plummeted due to drastic depreciation of the US semiconductor index
Semiconductor-related stocks have plummeted. $Tokyo Electron(8035.JP)$It continued to fall drastically and fell to 0.02 million6750 yen, which was 12.97% lower at one point. The Philadelphia Semiconductor Stock Index (SOX), which consists of major semiconductor-related stocks in the US stock market the day before, fell 7% compared to the previous day, and sales have spread to domestic-related stocks. $Screen Holdings(7735.JP)$Ya $Lasertec(6920.JP)$It has also completely collapsed, with a depreciation rate of over 10%.
Distribution source: Bloomberg, MINKABU, Nihon Keizai Shimbun
Tokyo Market Summary: Nikkei Average depreciation of 2216 yen, second-place decline in history, triple shock hitting Japanese stocks
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • 182791546 : Ueda & Kishida's own goals
    I don't need Japanese stocks anymore

  • ゴーちゃん : tonight is a shambles 💦
    I have nothing but expectations for employment statistics

  • たくさん0119 : don't be kidding. Isn't it because of idiots in the government and the Bank of Japan? really idiots, stop it. Something is going up in the economy. I guess only prices have gone up. Withdraw interest rate hikes or something and return the yen to depreciation. Don't you think about raising interest rates after your salary or something goes up. Not much.

  • 183669190 : What should I do... (;;)

  • 181502738 : Summer Blood Festival! Pretend to be dead!

  • NIGHT RIDER ゴーちゃん : How to fall like this.. What is it

  • SORA IZUM : Investment policies are shown from savings
    While there are many people who have started buying stocks at NISA,
    The Bank of Japan and the Ministry of Finance seem to spunge at this timing
    So, what are you thinking?
    If we do it sooner, it will be up to this point
    I wonder if stocks depreciated.
    Japanese people's negative feelings about investment remain
    Perfectly in mentality development
    Negative, isn't it?

  • NAOKI1116 : Does the Bank of Japan understand what it has done?
    If interest rates were raised all at once due to exchange rate intervention, even middle school students now know, who will take responsibility for the new NISA Zutabolo? What is the total investment of 100 million!
    Kishida, take responsibility

  • よろぴこ : Up to this point, it is no longer just the result of an acceleration in the appreciation of the yen and the recession in the US economy. As a matter of fact, this extreme drop has gone too far and is too unnatural.

    The Japanese market is being swayed by hedge fund sales aimed at borrowing, short sales, and sales by overseas investors. If they sell it in a hurry here, they think it's a pot they think.

    It is quite possible that an explosion will occur from around late August towards the SQ week in September. Until then, bear with me.

  • サエモンノスケ : Bank of Japan Governor Ueda went on an outrage leading to an appreciation of the yen by manipulating interest rates. It's crazy to raise interest rates in a situation where real wages have been declining for 26 consecutive months.
    As a countermeasure against the depreciation of the yen, profits obtained through exchange intervention were provided to citizens, or consumption tax would have been reduced.
    I pray that today's Nikkei crash will not result in the Reiwa Depression.

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