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Tokyo Market Summary: Nikkei average sharply rebounds, excessive caution towards the Ishiba administration recedes with the yen's depreciation.

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moomooニュース日本株 wrote a column · Yesterday 14:08
Tokyo Market Summary: Nikkei average sharply rebounds, excessive caution towards the Ishiba administration recedes with the yen's depreciation.
Hello to all Moomoo users!Good evening at the close. The summary of today's stock market is as follows. Thank you.
● The Nikkei average closed at 38,651.97 yen, up 732.42 yen from the previous trading day.
● Trading companies such as Sumitomo Corporation rose, fueled by speculation on supply and demand following reports of Berkshire Hathaway, led by Buffett, planning to issue yen-denominated corporate bonds.
Minister Suzuki expressed concerns more about the negative impact of yen depreciation.
Defense-related stocks such as Mitsubishi Heavy and Kawasaki Heavy are rising, favoring "Ishiba stocks" amid easing of shock plunge and escalating tensions in the Middle East.
Rohm surges over 8%, planning to partner with Denso in the automotive semiconductor sector.
●Hot Stocks: $Sumitomo (8053.JP)$ $Mitsubishi (8058.JP)$ $Kawasaki Heavy Industries (7012.JP)$ $Rohm (6963.JP)$etc
- Moomoo News Japan Stock Sherry
Market Overview
In today's Tokyo stock market, the Nikkei Stock Average closed at 38,651.97 yen, up 732.42 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) closed at 2,690.78, up 44.84 points. The dollar-yen exchange rate remained firm around 144 yen per dollar.
Tokyo Market Summary: Nikkei average sharply rebounds, excessive caution towards the Ishiba administration recedes with the yen's depreciation.
Top news of individual stocks
Remarks by prominent individuals
Finance Minister Suzuki
We need to carefully watch out for the possibility of returning to deflation.
I was more concerned about the negative impact of a weaker yen.
"A weaker yen has both positive and negative effects on the economy."
USD/JPY
Today's USD/JPY rate is hovering around 144 yen per dollar. While expectations for a substantial U.S. interest rate cut are diminishing, the early additional rate hike speculation by the Bank of Japan also receded following the release of the "key opinions" from the Bank of Japan's monetary policy meeting scheduled for September. As a result, there was a preference for buying dollars and selling yen in the morning.
Trading companies such as Sumitomo Corporation are rising, as speculation on supply and demand spreads following the news of Berkshire, led by Mr. Buffett, planning to issue yen-denominated corporate bonds.
$Sumitomo (8053.JP)$ $ITOCHU (8001.JP)$ $Mitsui (8031.JP)$Trading companies' stocks and others are showing robust movements. It was reported on the 1st that Berkshire Hathaway, led by renowned investor Warren Buffett, is planning to issue yen-denominated corporate bonds. Berkshire, which holds shares of major trading companies, is believed to have raised funds for previous purchases by issuing yen-denominated corporate bonds. The issuance of yen-denominated corporate bonds this time has sparked speculation that Berkshire will increase its shareholding in major Japanese trading companies, potentially benefiting the stock supply and demand. $Marubeni (8002.JP)$ and $Mitsubishi (8058.JP)$ It is also moving steadily.
Hot stocks
三菱重や川重など防衛関連株が上昇、ショック安一服・中東緊迫化で「石破銘柄」を選好
$Mitsubishi Heavy Industries (7011.JP)$ $Kawasaki Heavy Industries (7012.JP)$ $IHI (7013.JP)$が大幅高となっている。前週末に石破茂・自民党新総裁が誕生し、週明け9月30日の株式市場では金融所得課税強化への懸念などを背景に日経平均株価は一時2000円を超す下げとなったが、翌10月1日は大幅に反発しており、「ショック安」は一服した格好となった。政策通として知られ、過去に防衛相を務めた経験を持つ石破新総裁について、岸田路線を継承するとの見方が市場では徐々に強まっている。これまでの防衛費増額の潮流のなかで事業環境を踏まえると、防衛関連株には買い安心感が意識されており、「石破銘柄」として選好する向きもあるようだ。更に1日にはイスラエル軍がレバノン南部で限定的な地上進行を開始したと伝わった。中東情勢が緊迫度合いを増したことも、防衛関連株に対する資金流入を誘発する要因となったとみられている。 $TOKYO KEIKI (7721.JP)$ $Nippon Avionics (6946.JP)$ $The Japan Steel Works (5631.JP)$Also rapidly rising.
Rohm sees a significant increase of over 8%, planning to partner with Denso in the automotive semiconductor sector.
$Rohm (6963.JP)$Popular for temporarily being bought at the 1740 yen level with a rise of over 8%. From a technical perspective, the golden cross of the 5-day and 25-day moving averages is imminent, clearly showing a departure from the lows. After the previous day's trading ended, the companies $Denso (6902.JP)$Moomoo and Semiconductors are considering a partnership in the semiconductor sector, attracting buying interest based on this development.
Source: MINKABU, Bloomberg, FISCO
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • Toshi03 : Whether institutions or individual investors, I don't know, but they are overreacting too much. They react excessively like saying Koichi will win, or if Shiba becomes the leader, the country will end, saying there was no Black Monday, etc. Recently, I don't trust online opinions at all. Futures trends are also unreliable. 😅

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