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Tokyo Market Summary: Nikkei average continues risk-on, briefly recovers 0.04 million yen, expectations for artificial intelligence (ai) and semiconductor market.

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moomooニュース日本株 wrote a column · Oct 15, 2024 14:10
Tokyo Market Summary: Nikkei average continues risk-on, briefly recovers 0.04 million yen, expectations for artificial intelligence (ai) and semiconductor marke...
●注目銘柄:Thank you for your hard work today. Here is today's stock market overview. Thank you.
● The Nikkei average closed at ¥39,910.55, up ¥304.75 from the previous trading day
● Adtest pushes towards the uncharted 8,000-yen level, with major semiconductor manufacturing equipment stocks becoming popular across the board
● SoftBank Group is thriving, following the sharp rise in ARM stock, leading in trading volume
● INPEX---Significant continued decline as NY crude oil prices fall due to downward revisions in demand outlooks
Metanet hits daily price limit Additional purchase of 1 billion yen worth of bitcoin.
●Hot Stocks: $Advantest (6857.JP)$ $Lasertec (6920.JP)$ $SoftBank Group (9984.JP)$ $Inpex (1605.JP)$etc
- Moomoo News Japan Stock Sherry
Market Overview
The Nikkei average stock price on the Tokyo stock market today closed at ¥39,910.55, up ¥304.75 from the previous trading day, temporarily recovering the million yen mark for the first time in about 3 months. Although the increase exceeded ¥600 at one point, it struggled to grow after the buying spree ended, with waiting for a pullback and profit-taking selling. The Tokyo Stock Price Index (TOPIX) closed at 2,723.57, up 17.37 points. A wide range of semiconductor and export-related stocks were widely bought due to risk appetite on the expectation of a soft landing in the USA economy. The dollar-yen exchange rate is hovering around the mid-149 yen level.
Tokyo Market Summary: Nikkei average continues risk-on, briefly recovers 0.04 million yen, expectations for artificial intelligence (ai) and semiconductor marke...
Top News
Expectations for artificial intelligence (AI) and the semiconductor market
Daiwa Securities' Chief Technical Analyst and Theme Researcher Eiji Konochi expressed his views on Japanese stocks in a report dated the 15th. He pointed out that with Prime Minister Shigeru Ishiba stating a priority on the economy, it is expected that the usual trend of the market rising until the elections will be confirmed. In addition, regarding semiconductor-related stocks, he expects that expectations for artificial intelligence (AI) and the semiconductor market will increase as the deadline for margin sells in February to April comes to an end after a temporary peak.
Nikkei average in the 0.04 million yen range
Chief Strategist Hideyuki Ishiguro of Nomura Asset Management commented on the Nikkei average in the 0.04 million yen range, noting that when it fell below this level in late July, it easily breached with little resistance. He stated, "Due to the short duration, there is little congestion in terms of supply and demand, and the pressure for selling on the rebound is also expected to ease."
Hot Stocks
Ad test hits the uncharted 8,000 yen mark, semiconductors manufacturing equipment's leading stocks are all the rage ◇
$Advantest (6857.JP)$Advancing on the high street, reaching the first time in the 8000 yen range with the post-adjustment stock price, etc. $Tokyo Electron (8035.JP)$ $Lasertec (6920.JP)$ $Disco (6146.JP)$Main semiconductor manufacturing equipment stocks, among others, are uniformly rising, significantly boosting the Nikkei average. Here in the USA, $NVIDIA (NVDA.US)$There is a reassessment of semiconductor-related stocks, led by nvidia, progressing, with the Philadelphia Semiconductor Index (SOX Index) erasing the return high set in late September the previous day, closing in the high range, further strengthening the upward trend.
SoftBank Group is thriving, following the surge in ARM's stock price, and trading volume is also jumping to the top.
$SoftBank Group (9984.JP)$The strength of the price surge is remarkable. The stock price has moved up over 500 yen, reaching the mid-9000 yen range. Trading volume surpasses daiwa securities, ranking first among all listed stocks. $Lasertec (6920.JP)$In the US stock market, with nvidia attracting persistent buying, buying interest is being induced in AI peripheral stocks that develop AI semiconductors and artificial intelligence (AI) software. Furthermore, in the US stock market, under its umbrella company, a British semiconductor design company $Arm Holdings (ARM.US)$Performing prominently with a recent rise for 9 consecutive days, showing an accelerated upward trend such as being bought up 6.8% higher on the previous day. This also seems to be a strong catalyst for SoftBank Group's stock price.
INPEX---Significant continued decline, with NY crude oil prices falling due to downward revision in demand outlook.
$Inpex (1605.JP)$Experiencing a significant decline. Amid the continued decline in the NY strict market, petroleum-related stocks, including the company, are showing lackluster movements. OPEC has revised downwards the demand outlook for this year and next in its monthly report, with WTI futures for November showing a 2.3% decline on the previous day. It seems mainly due to a downward revision in China's demand outlook. Moreover, crude oil prices are also falling in after-hours trading, as Israel seems to be showing a stance to avoid attacking Iran's crude oil facilities.
Metaplanet hits the daily limit up - 1 billion yen additional purchase of Bitcoin.
$Metaplanet (3350.JP)$Hits the daily limit up. The company announced on the 15th that they have made an additional purchase of 106,976 bitcoins. The total purchase amount is 1 billion yen, with an average purchase price per BTC of 9.34 million7891 yen.
Source: Various company press releases, Bloomberg, MINKABU, FISCO, Wealth Advisor
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • てん ピノ : After the drastic decline on 8/5, I didn't know which stocks to buy, so I sold about 90% of the stock that had fallen to Masayoshi Son, and used that money to buy the SoftBank Group.
    I think it was in the 6,000 yen range. Masayoshi Son is a big deal. There is also investment in open AI, so I feel like it's still going to go a long way.
    American stocks also sold all NVDA shares, and around the beginning of September, ARM shares were divided into 60% and NVDA shares 40%. American stocks reduced capital to an initial level of 33%.
    Profit and loss are positive, but the yen has appreciated financially and is still negative.
    It moved to such an extent that the rise and fall in stock prices were in the same range as the rise and fall in exchange rates. When I bought the most American stocks, it was 160 to 165 yen per dollar in early August when NVDA stocks were in turmoil
    It was my first time investing in foreign stocks, but I learned not to buy when the yen depreciated.
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  • 181691283 てん ピノ : Buying because of a strong yen, or not buying because of a weak yen, is based on the current time frame. However, it's pointless to worry about it because we don't know what will happen in a year or half a year from now. It is believed that people who lose money in American stocks are those who engage in short-term trading.

  • てん ピノ 181691283 : Shares are short-term trading of 2 to 3 types of stocks, but they began buying American stocks from NVDA's financial results report in February this year, and now they are buying 2 companies with Arm. I received advice from my friend to diversify my investment, and I bought mutual funds for almost the same amount as stocks.
    I've been doing stocks for 17, but I bought 1 point of Sony about 5 years ago, and the doubled funds were replaced with NYK Line and doubled again.
    Around this time, I began to dabble in credit, and the money that had taken about 2 years disappeared in half a year.
    I won with semiconductors from January to April this year, and at this time I moved to a half deposit account. I bought mutual funds with that money, and although it was negative when it fell in August, it is currently about 10% positive.
    Long-term holding of shares does not seem to be appropriate for the nature of the situation.