Tokyo Market Summary: The Nikkei Average falls for the 5th consecutive day, with cautious economic sentiment due to US employment statistics, selling across all industries.
Hello to all moomoo users!Thank you for your hard work until closing. Here is today's overview of the stock market. Thank you in advance. The Nikkei average closed at 36,215.75 yen, down 175.72 yen from the previous trading day. Japanese stocks are expected to see a significant decline, with all 33 industries selling off due to the slowdown in US employment and the strong yen in the foreign exchange market. Focus on the improvement of Japanese corporate management, with the Hang Seng in Hong Kong attracting new hedge funds. Toyota continues to decline significantly for the fifth day in a row, weighed down by the strengthening yen following the release of US employment statistics. 7&iHD---Rebound significantly, speculation includes upward revision of acquisition price from Kushtaar. Hot stocks:$Toyota Motor (7203.JP)$、$Seven & i Holdings (3382.JP)$、$Kandenko (1942.JP)$ moomoo News Japan Stocks Evelyn
Market Overview In today's Tokyo stock market, the Nikkei average stock price closed at 36,215.75 yen, down 175.72 yen from the previous trading day, and the Tokyo Stock Price Index (TOPIX) closed at 2,579.73, down 17.69 points.
Hong Kong's Seng focuses on improving corporate management in Japan and launches a new hedge fund. Hong Kong's Seng Capital is launching a new hedge fund that focuses on the recovery of Japan's financial market and improving corporate management in Japan. Chief Investment Officer Yoshihiko Ohira revealed in an interview that the trading of the new fund will begin in early October. HS Group (Hong Kong) will provide support for this Japan-focused fund over several years.
Chibou
:
If the yen appreciates, 100 billion yen will disappear in a day. Japan is all about processing trade. Technology-related stocks are attractive, aren't they?
Zakiyamax
:
I'd like to approach this with about 70% cash. When looking at the economic indicators in America, I think it's not strange for a crash to come from anywhere. However, the Biden administration is scattering money at a level comparable to wartime in terms of GDP, so it's difficult because it's unknown how long the excess of gold will continue. A hard landing is happening, but the stock market is rising.
Chibou : If the yen appreciates, 100 billion yen will disappear in a day. Japan is all about processing trade. Technology-related stocks are attractive, aren't they?
Zakiyamax : I'd like to approach this with about 70% cash.
When looking at the economic indicators in America, I think it's not strange for a crash to come from anywhere. However, the Biden administration is scattering money at a level comparable to wartime in terms of GDP, so it's difficult because it's unknown how long the excess of gold will continue. A hard landing is happening, but the stock market is rising.