Tokyo Market Summary: Nikkei Average rises, trading slows down due to Christmas holiday.

Hello, MOOMOO users!Good job on the closing bell. Here is today's stock market overview. Thank you.
The Nikkei average is 437 yen higher than the previous trading day, at 39,568 yen.
Honda --- Significant continued rise, against the background of high automobile stocks and domestic securities upgrades.
Ranked 3rd in 'Artificial Intelligence', the AI revolution is already transitioning to the next stage of 'Agent' <GAINIANBANKUAI Topic>
Mitsukoshi Isetan is soaring, department store stocks are gaining popularity as the Chinese wealthy are eyeing them due to the new 10-year tourist visa ◇
iSpace - Expanded gains with a contract from the Italian Space Agency for payload services, approximately 56 million yen
Yamato Holdings - Continues to rise, Yamato Transport entrusts delivery to Japan Post, some to continue for the time being = Nikkei
Hot Stocks: $Honda Motor (7267.JP)$、 $Isetan Mitsukoshi Holdings (3099.JP)$、 $ispace (9348.JP)$、 $Sekisui Chemical (4204.JP)$etc
MOOMOO News on Japanese Stocks Kingsley

Market Overview
On today's Tokyo stock market, the Nikkei average stock price closed at 39,568.06 yen, up 437.63 yen from the previous trading day, and the Tokyo Stock Price Index (TOPIX) closed at 2,766.78, up 32.92 points. Amid thin trading due to the Christmas holiday, the Nikkei average was predominantly bullish throughout the day. The yen is weakening. Uncertainty remains regarding the timing of additional interest rate hikes following last week's BOJ monetary policy meeting. Furthermore, the emergence of speculation on the pace of the FRB rate cuts also became a major driver of the yen's weakness.

Top News
Honda - significant rise, driven by an increase in automobile stocks and upgrades by domestic securities firms.
$Honda Motor (7267.JP)$Stocks rose significantly. Okasan Securities has upgraded its investment rating from 'Hold' to 'Bullish', and also raised the target price from 1800 yen to 1900 yen. The announcement of share buybacks is seen as a positive surprise, and the post-merger joint holding company is viewed as clearly led by the company itself, with a mechanism that does not significantly disadvantage the transfer ratio. Today, due to the reassurance from BOJ Governor Ueda's speech and the rise in Toyota's stock, automobile stocks in general are strong and appear to be gaining momentum.

Hot stocks
Artificial Intelligence (AI) ranks third, the AI revolution is already transitioning to the next stage 'Agent' <GAINIANBANKUAI Theme>
In the 'Popular Theme Ranking' compiled by Min-Kabu and Kabutans, 'Artificial Intelligence' ranks third.
Artificial Intelligence (AI), which has permeated business and daily life, has seen increased utilization due to the dialogue-based generative AI 'ChatGPT' released by OpenAI in November 2022. The 2024 edition of the Information and Communication White Paper released by the Ministry of Internal Affairs and Communications positions generative AI as "one of the greatest revolutions in human history," but the AI revolution is already transitioning to the next stage, 'AI Agents.'

Mitsukoshi Isetan has surged in response to the newly established 10-year tourist visa for wealthy Chinese individuals, leading to a surge in department store stocks being sought after.
$Isetan Mitsukoshi Holdings (3099.JP)$ Surge in. $Takashimaya (8233.JP)$ and $H2O Retailing (8242.JP)$Department Stores stocks are being sought after, and there is a growing popularity. On the 25th at 4:30 pm Japan time, the 2nd Japan-China High-level People-to-People and Cultural Exchange Dialogue, attended by Foreign Ministers Taro Kono and Wang Yi of China, took place for about 1 hour and 10 minutes. Following China's resumption of the visa waiver for short-term stays for Japanese citizens, during the high-level dialogue, the Japanese side announced a decision to implement visa relaxation measures for Chinese tourists. The establishment of a 10-year valid tourist visa was proposed. The expectation is that with the issuance of the 10-year tourist visa mainly targeting the affluent class, consumption activities by Chinese visitors at domestic department stores and the like will become more active, leading to increased buying activity.

iSpace - Increase in uplift, signs contract with Italian Space Agency for payload services, approximately 56 million yen
$ispace (9348.JP)$Expanding gains. At 10:45 on the 26th, their European subsidiary, iSpace EUROPE, announced signing a payload service contract with the Italian Space Agency (ASI), significantly broadening their reach.

Yamato Holdings continues to rise. Yamato Transport entrusts delivery to Japan Post, part of it will continue for the time being = Nikkei
$Yamato Holdings (9064.JP)$Continued to rise. The morning edition of the Nikkei newspaper dated the 26th reported that Yamato Transport, a subsidiary of the company, $Japan Post Holdings (6178.JP)$will continue to outsource the delivery of some small parcels to Japan Post, a group company, after January 1, 2025.