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Tokyo Market Summary: Nikkei Average falls for the first time in 5 days, observing “abolition” due to monetary base expansion policy, Bank of Japan reduces government bond purchases

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moomooニュース日本株 wrote a column · Dec 28, 2023 00:07
Tokyo Market Summary: Nikkei Average falls for the first time in 5 days, observing “abolition” due to monetary base expansion policy, Bank of Japan reduces gove...
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 33539.62 yen, 141.62 yen lower than the previous business day
● Observe “abolition” in monetary base expansion policy, Bank of Japan reduces government bond purchases
● Nikkei BI in November fell 0.5 points from the previous month
● Dai-ichi Life HD and Tokio Marine are doing well, receiving upward pressure on ultra-long-term interest rates due to the Bank of Japan's “operation paper”
● Toyota Motor Corporation - First fall in 4 days If there is a request from Daihatsu, it will be transmitted to financial support
● Attention to the handle: $Toyota Motor (7203.JP)$ $Dai-ichi Life Holdings (8750.JP)$ $Tokio Marine Holdings (8766.JP)$ $Kawasaki Kisen Kaisha (9107.JP)$etc
ー Moo Moo News Japanese stock Evelyn

Market Overview
Today's Nikkei Stock Average ended at 33539.62 yen, 141.62 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 3.38 points to 2362.02 in the Tokyo Stock Exchange.
Top news
Nikkei BI in November fell 0.5 points from the previous month
The November Nikkei Business Index (Nikkei BI, preliminary figures) calculated by Nikkei Inc. on December 28 was 106.1 (2020 average = 100), down 0.5 points from the previous month. It declined for the first time in 3 months.

Observe “abolition” in monetary base expansion policy, Bank of Japan reduces government bond purchases
In the bond market, voices predicting the abolition of the monetary base expansion policy by the Bank of Japan began to spread. This is because the Bank of Japan indicated a policy to reduce government bond purchases on the evening of the 27th. According to the government bond purchase schedule for 2024/1/3 announced by the Bank of Japan, the lower limits of the purchase range with a remaining period of 1 to 3 years or less, 3 years to 5 years or less, and 5 years to 10 years or less have all been lowered by 50 billion yen.

Notable stocks
Toyota Motor Corporation - First fall in 4 days If there is a request from Daihatsu, it will be transmitted to financial support
$Toyota Motor (7203.JP)$fell for the first time in 4 days. Bloomberg reported that around 10:48 on the 28th, the company showed the idea of providing financial support if there is a request from the subsidiary Daihatsu Motor, which has stopped production at domestic factories due to vehicle certification fraud issues.

Dai-ichi Life HD and Tokio Marine are doing well, receiving upward pressure on ultra-long-term interest rates due to the Bank of Japan's “operation paper” ◇
$Dai-ichi Life Holdings (8750.JP)$Ya $Tokio Marine Holdings (8766.JP)$ $MS&AD Insurance Group Holdings (8725.JP)$As such, one sector of insurance stocks has been steady.

Shipping stocks such as Kawasaki Steam are cheap across the board, and it is reported that “Maersk will operate dozens of container ships via the Red Sea” ◇
$Kawasaki Kisen Kaisha (9107.JP)$Ya $Mitsui O.S.K. Lines (9104.JP)$ $Nippon Yusen Kabushiki Kaisha (9101.JP)$became cheap across the board, and the “shipping industry” was at the top of the Tokyo Stock Exchange's industry-specific index in terms of decline rate. It is reported that Danish shipping giant AP Moller Maersk revealed on the 27th that it is planning to operate dozens of container ships via the Suez Canal and the Red Sea over the next few days and weeks.

Distribution source: Nihon Keizai Shimbun, Bloomberg, Traders Web, MINKABU
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