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Tokyo Market Summary: Nikkei Average plummets, “interest rate hike shock” delayed by half a day, “performance gains due to strong yen, and expectations recede,” Mr. Namioka

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moomooニュース日本株 wrote a column · Aug 1 01:10
Tokyo Market Summary: Nikkei Average plummets, “interest rate hike shock” delayed by half a day, “performance gains due to strong yen, and expectations recede,”...
Hello Moomoo users!Thank you for the big draw. Today's stock market summary is as follows.Thank you for your support.
●The Nikkei Average ended at 38126.33 yen, 975.49 yen lower than the previous business day
● Export companies are also concerned that the Nikkei average has plummeted and the “interest rate hike shock” yen appreciation accelerates due to the sharp drop in the Nikkei average and the acceleration of yen appreciation
● Real estate stocks are drastically weak, Bank of Japan Governor's hawkish stance is disgusting - concerns about the impact on financial results
● A turning point for selling yen and buying dollars, the Bank of Japan and the Federal Reserve have a reverse sense of policy direction
● The “rapid advance” of yen, and 1 dollar = 140 yen is the next target for traders
● Advantest's stock price rose by 14.8% at one point, and operating profit for the current fiscal year increased
● Toyota widens backmarket decline, 1st quarter operating profit increased 17%, and be wary of yen appreciation
● Attention to the handle: $Mitsubishi Estate(8802.JP)$ $Mitsui Fudosan(8801.JP)$ $Sekisui House(1928.JP)$ $Advantest(6857.JP)$ $Toyota Motor(7203.JP)$ $Mitsubishi(8058.JP)$ $Hitachi(6501.JP)$ $Marubeni(8002.JP)$etc
ー MooMoo News Japanese stock Sherry
Market Overview
Today's Nikkei Stock Average ended at 38126.33 yen, 975.49 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 90.57 points to 2703.69.
Top news
Nikkei average 1300 yen depreciation trade reverses with “hawkish Bank of Japan”
The Nikkei Stock Average fell sharply, and the decline exceeded 1300 yen at one point. The Bank of Japan has shown a “hawkish” stance that exceeds market expectations, and trades using the clue that only Japan will continue monetary easing among the major countries in the world are reversing. Export companies were directly hit by the reversal of trade using Japan's mitigation as a clue in the stock market on the 1st. The yen exchange rate has tilted to the appreciation of the yen to the 1 dollar = 148 yen level, and expectations for an increase in performance due to the depreciation of the yen have declined. In the stock market, companies with a high degree of exchange sensitivity fell across the board. $Toyota Motor(7203.JP)$The decline widened after financial results were announced after 1:00 p.m., and fell 8% at one point.
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Shares depreciate by 1300 yen “Performance gains due to strong yen, expectations recede” T&D Asset Mr. Namioka
Export companies are also concerned that the Nikkei average has plummeted, the “interest rate hike shock” that is half a day late, and the appreciation of the yen accelerates
Real estate stocks depreciate drastically, Bank of Japan Governor's hawkish stance - concerns about the impact on financial results
Sales are growing in real estate and housing stocks on the Tokyo Stock Market on the 1st. It rose on the day the Bank of Japan's interest rate hike was announced, but it completely reversed in response to the hawkish stance at the Bank of Japan Governor Ueda's press conference, and the negative aspects of performance associated with rising interest rates are being recognized. $Mitsui Fudosan(8801.JP)$was 9.4% lower than the previous day at one point, $Mitsubishi Estate(8802.JP)$is 9.4% lower than the same, $Sumitomo Realty & Development(8830.JP)$It is cheap across the board, with the same 11% drop. $Sekisui House(1928.JP)$is 7.6% lower than the same, $Sumitomo Forestry(1911.JP)$Housing stocks are also cheap, such as the same 8.5% depreciation.
A turning point for selling yen and buying dollars Bank of Japan and the Federal Reserve have a reverse sense of policy direction
Chairman Powell of the US Federal Reserve showed a positive attitude towards interest rate cuts in September at a press conference on 7/31. The Bank of Japan also had a view to further interest rate hikes, and differences in policy direction became clear between the central banks of Japan and the United States. There is a possibility that the movement of yen sales and dollar purchases against the backdrop of interest rate differences between Japan and the US has reached a turning point.
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How to look at the “speeding violation” and “one step higher at the end of the year” market in the 148 yen range
The yen's “rapid advance”, 1 dollar = 140 yen is the next target for traders
Featured stocks
Advantest's stock price temporarily rose 14.8%, and operating profit for the current fiscal year increased
$Advantest(6857.JP)$is a retrograde height. It rose 14.81% at one point to 6922 yen. On July 31, it was announced that consolidated operating income for the fiscal year ending 2025/3 (current fiscal year) is expected to increase 69% from the previous fiscal year to 138 billion yen. 48 billion yen was raised from the previous forecast. It greatly exceeds the QUICK consensus of 107.5 billion yen, which is the average market forecast, and is attracting favorable purchases.
Toyota widens backmarket decline, 1st quarter operating profit increased 17%, but be wary of yen appreciation
$Toyota Motor(7203.JP)$The decline widened in the backfield. The stock price fell slightly more than 8% from the previous day at one point. The company announced financial results. As for consolidated financial results for the first quarter of the fiscal year ending March 25, operating revenue, which corresponds to sales, increased 12.2% from the same period last year to 11.837,79 billion yen, and operating profit increased 16.7% to 1,308,462 million yen. The market forecast was that operating profit was around 1.38 trillion yen. The appreciation of the yen, which is progressing rapidly at the moment, is being disgusted, but the decline in stock prices has widened since the financial results were announced.
RELATED ARTICLES
Update- [Earnings Report] Toyota's sales are 11.84 trillion yen, up 12.2% from the same period last year, EPS is 98.99 yen
Mitsubishi Corporation reaches a 12% increase in profit at the end of the April-6 fiscal year (1Q)
PanaHD fell more than 7%, and operating profit for the first quarter fell 7.3%
Marubeni's net profit increased 1% from April to June due to additional Mizuho Leasing stock buybacks
Hitachi's stock price temporarily rose 7.9%, April-June financial results, 2.5 times favorable net profit
Distribution source: Bloomberg, Nihon Keizai Shimbun, MINKABU
Tokyo Market Summary: Nikkei Average plummets, “interest rate hike shock” delayed by half a day, “performance gains due to strong yen, and expectations recede,”...
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  • 182791546 : Kishida, I really forgive

  • コージーマイケル : The Bank of Japan is unreliable

  • 大負けネコ : The current administration, the prime minister, the minister in charge of digital affairs, the ruling party secretary general, and all the other cabinet ministers and executives all have “no (internal) cabinet” with “no insight, no vision, no awareness of inaction & incompetence” about “international economic policy.” In the first place, the idea of “wage increase” ⇒ “domestic consumption revitalization” is poor ❗️ There is no reason for us, who have endured not being able to make sufficient funds due to “no wage increases,” “high prices,” and “low interest rates” for the past few years, to “waste” funds about a “slight wage increase.” It is better to change jobs due to “investment” or “self-improvement for the purpose of acquiring qualifications.” At least it's not a “bank deposit that won't increase.” The “influence of speculators” on the depreciation of the yen and the appreciation of the dollar is probably large, but why is the public burdened with the cost of “economic measures” that only scattered policies and bombarded the “financial literacy” of citizens with “savings deposits/interest rates 0.00002%” or “better deposits than inside a chest of drawers” under “low interest rates in a different dimension”? “Lower the domestic self-sufficiency rate for food, fuel, and resources” = “dependence on foreign imports” led to “high domestic prices” when the yen depreciated and the dollar depreciated, right? Since the “start of the old NISA system,” investment funds “mutual fund purchases including American stocks, foreign stocks, bonds, etc.” have increased dramatically. In short, citizens with investment funds “purchased dollar-based investment products,” which indirectly “promoted the appreciation of the dollar due to dollar purchases.” Also, the “depreciation of the yen and appreciation of the dollar” supports the “export economy powerhouse = Japanese economy” and makes “investment in Japanese stocks by overseas investors” attractive. With such a rapid “conversion of yen appreciation to dollar depreciation,” profits from “export benefits” of major companies will decrease, our “dollar-based asset value” will decrease, “continuous interest rate increases in long-term interest rates” will increase “interest-bearing debt of small and medium-sized enterprises with poor financial power,” and increase future instability factors in “real estate where long-term interest rate increases are a burden.” The number of corporate bankruptcies last year was at a high level, right? If you are happy with the “appreciation of the yen and the depreciation of the dollar” due to immediate greed, imagine the deterioration in profits of “export benefit companies” starting with Toyota. It's not long before companies that have passed on prices many times will reflect “benefits from wage increases” and “price declines in imported resources, food products, etc. due to the appreciation of yen and depreciation of the dollar.” By that time, “inbound demand due to depreciation of the yen and appreciation of the dollar = the richest American traveling to Japan” had drastically decreased, right? Did the leading actor “An Effective Masked Exchange Intervention” on 7/12 last month, retire at the end of July and get the Ron Merit Award? Rumor has it that he became the “prime minister's economic adviser.” And today's “Japanese market crashed again.” Exactly where and who wants a “decline in the value of assets that have been built up desperately”? Due to this “appreciation of the yen and depreciation of the dollar”, “will the (cabinet) approval rating without citizens rise?” There's no reason to do it ❗️ “invest from savings” in this kind of situation ❗ “new NISA investment beginners” are all “unrealized losses.” I have over 20 years of investment experience, so I was able to “reduce losses through diversified investment,” but it's a man-made disaster that cannot be handled by investment beginners. The prime minister had a long experience as a foreign minister, so I thought “he has an international sense,” but he has degenerated into a person with no popularity, centripetal power, or policies. Is the Prime Minister to break down next? Toshi is starting to lean to the right, and the former Minister of Economy, Trade, and Industry West has a higher “crisis response ability”, isn't it? “The beginning of a dry summer market” where there is nothing but anxiety. I can't read a lot of things ahead, so I wonder if I have no choice but to leave it alone?

  • 靴磨き : Where was the mood yesterday 😭

    Everyone, everyone, everyone gathered!

  • 人類 : There hasn't been a single good plan in recent years. Is it a lack of ability? Is it a sense of security to be able to eat with a lifelong citizen's tax?

  • chocoH 靴磨き : [undefined]

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