Tokyo Market Summary: Nikkei Average sharply rebounded due to Prime Minister Ishiba's "change of heart" statement, leading to a weaker yen and soaring stocks. Caution towards interest rate hikes.
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 38,552.06 yen, up 743.30 yen from the previous business day.
● Bank of Japan Policy Board member Noguchi emphasizes the importance of patiently maintaining an accommodating monetary environment.
● The dollar-yen pair broke through the 147 yen range for the first time in a month, emphasizing the need to not rush into interest rate hikes or cuts. It's a dollar buy and yen sell strategy.
Weak performance of major banks like Mitsubishi UFJ due to the retreat of rate hike speculation following Prime Minister Ishiba's remarks, leading to selling pressure.
INPEX and ENEOS have risen for three consecutive days, with WTI prices briefly hitting the $72 level due to escalating tensions in the Middle East.
Nippon Yusen stands out with consecutive record highs, highlighting its undervaluation, with the geopolitical risks in the Middle East not becoming a negative factor.
●Hot Stocks: $Nippon Yusen Kabushiki Kaisha (9101.JP)$、 $Inpex (1605.JP)$、 $Mitsui Fudosan (8801.JP)$、 $Mitsubishi Estate (8802.JP)$
- Moomoo News Japan Stock Sherry
●The Nikkei average closed at 38,552.06 yen, up 743.30 yen from the previous business day.
● Bank of Japan Policy Board member Noguchi emphasizes the importance of patiently maintaining an accommodating monetary environment.
● The dollar-yen pair broke through the 147 yen range for the first time in a month, emphasizing the need to not rush into interest rate hikes or cuts. It's a dollar buy and yen sell strategy.
Weak performance of major banks like Mitsubishi UFJ due to the retreat of rate hike speculation following Prime Minister Ishiba's remarks, leading to selling pressure.
INPEX and ENEOS have risen for three consecutive days, with WTI prices briefly hitting the $72 level due to escalating tensions in the Middle East.
Nippon Yusen stands out with consecutive record highs, highlighting its undervaluation, with the geopolitical risks in the Middle East not becoming a negative factor.
●Hot Stocks: $Nippon Yusen Kabushiki Kaisha (9101.JP)$、 $Inpex (1605.JP)$、 $Mitsui Fudosan (8801.JP)$、 $Mitsubishi Estate (8802.JP)$
- Moomoo News Japan Stock Sherry
Market Overview
In today's Tokyo stock market, the Nikkei Stock Average closed at 38,552.06 yen, up 743.30 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) ended at 2,683.71, up 31.75 points. On the 3rd, the dollar-yen exchange rate remained around 146 yen per dollar. The dollar-yen remained firm following the significant increase in the Nikkei Stock Average, recovering to the 147 yen level around 10 a.m. Demand for dollars from domestic import companies also provided support.
In today's Tokyo stock market, the Nikkei Stock Average closed at 38,552.06 yen, up 743.30 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) ended at 2,683.71, up 31.75 points. On the 3rd, the dollar-yen exchange rate remained around 146 yen per dollar. The dollar-yen remained firm following the significant increase in the Nikkei Stock Average, recovering to the 147 yen level around 10 a.m. Demand for dollars from domestic import companies also provided support.
Top news of individual stocks
Noguchi, a Bank of Japan policy board member, believes that it is important to patiently maintain an accommodative monetary environment.
Committee member Noguchi of the Bank of Japan stated that given the need to carefully assess the improvement in the economic situation due to the penetration of wage increases based on data, he opposed the additional rate hike in July. He will gradually adjust monetary easing while assessing that prices are stabilizing around 2%. He also mentioned the importance of patiently maintaining an accommodative monetary environment. Noguchi was one of those who opposed the additional rate hike at the July meeting and is considered the most dovish.
Noguchi, a Bank of Japan policy board member, believes that it is important to patiently maintain an accommodative monetary environment.
Committee member Noguchi of the Bank of Japan stated that given the need to carefully assess the improvement in the economic situation due to the penetration of wage increases based on data, he opposed the additional rate hike in July. He will gradually adjust monetary easing while assessing that prices are stabilizing around 2%. He also mentioned the importance of patiently maintaining an accommodative monetary environment. Noguchi was one of those who opposed the additional rate hike at the July meeting and is considered the most dovish.
The USD/JPY broke through the 147 yen level for the first time in a month, without rushing into either rate hikes or cuts. There's a trend of buying the dollar and selling the yen.
The USD/JPY broke through the 147 yen level for the first time in a month since September 3. The shift of Ishiba from a hawkish to a dovish stance has dimmed expectations for additional rate hikes by the Bank of Japan. Meanwhile, Chair Powell of the Federal Reserve Board has shown a cautious approach towards rate cuts. The US September ADP employment numbers, released yesterday, surpassed expectations, leading to reduced speculation of a significant rate cut in the US.
The USD/JPY broke through the 147 yen level for the first time in a month since September 3. The shift of Ishiba from a hawkish to a dovish stance has dimmed expectations for additional rate hikes by the Bank of Japan. Meanwhile, Chair Powell of the Federal Reserve Board has shown a cautious approach towards rate cuts. The US September ADP employment numbers, released yesterday, surpassed expectations, leading to reduced speculation of a significant rate cut in the US.
$Nippon Yusen Kabushiki Kaisha (9101.JP)$が大きく切り返し、一時４．７％高の５５４３円まで上値を伸ばした。前日に続く上場来高値更新と気を吐いている。ここにきて、海運株への買いが再び活発化しているが、これはここにきて中東情勢が改めて緊迫化していることを背景にコンテナ船運賃市況の高騰が収益を押し上げるという思惑が働いているためだ。有事リスクが逆に買いを誘導する有利なポジションにある。加えて、米国東岸の港湾労働者によるストライキ突入で物流が滞ることが必至の情勢にあり、これも運賃上昇をもたらすとの見方が強い。
ＩＮＰＥＸやＥＮＥＯＳが３日続伸、中東情勢緊迫化でＷＴＩ価格は一時７２ドル台◇
$Inpex (1605.JP)$etc $ENEOS Holdings (5020.JP)$が３日続伸。２日の米原油先物相場はＷＴＩ（ウエスト・テキサス・インターミディエート）の１１月限が前日比０．２７ドル高の１バレル＝７０．１０ドルと上昇した。中東情勢の緊迫化を背景にした買いが流入しており、一時７２ドル台まで値を上げた。
$Inpex (1605.JP)$etc $ENEOS Holdings (5020.JP)$が３日続伸。２日の米原油先物相場はＷＴＩ（ウエスト・テキサス・インターミディエート）の１１月限が前日比０．２７ドル高の１バレル＝７０．１０ドルと上昇した。中東情勢の緊迫化を背景にした買いが流入しており、一時７２ドル台まで値を上げた。
三菱ＵＦＪなどメガバンクが冴えない、石破首相発言受けた利上げ観測後退で売り圧力◇
$Mitsubishi UFJ Financial Group (8306.JP)$etc $Sumitomo Mitsui Financial Group (8316.JP)$、 $Mizuho Financial Group (8411.JP)$Megabanks, etc., are not performing well. It was reported that Prime Minister Shigeru Ishiba, who met with Bank of Japan Governor Haruhiko Kuroda on the evening of the 2nd, expressed the view that he does not believe that we are currently in an environment where additional rate hikes are needed.
Related Articles
Mitsui Realty, etc., real estate stocks are uniformly up, with buybacks following a retreat in early rate hike expectations due to Prime Minister Ishiba's remarks.
$Mitsubishi UFJ Financial Group (8306.JP)$etc $Sumitomo Mitsui Financial Group (8316.JP)$、 $Mizuho Financial Group (8411.JP)$Megabanks, etc., are not performing well. It was reported that Prime Minister Shigeru Ishiba, who met with Bank of Japan Governor Haruhiko Kuroda on the evening of the 2nd, expressed the view that he does not believe that we are currently in an environment where additional rate hikes are needed.
Related Articles
Mitsui Realty, etc., real estate stocks are uniformly up, with buybacks following a retreat in early rate hike expectations due to Prime Minister Ishiba's remarks.
Nitori HD---continues to decline, negative view on the weakening growth rate of existing stores in September.
$Nitori Holdings (9843.JP)$Continues to decline. Monthly trends for September were announced the previous day. Existing store revenue increased by 1.4% compared to the same month last year, marking two consecutive months of growth. However, the growth rate has slowed from the previous 7.8% increase in the previous month. While the number of customers increased by 9.9%, the average spending per customer decreased by 7.7%. Excluding the effect of the day of the week, it seems to have experienced a 0.5% decrease in revenue.
$Nitori Holdings (9843.JP)$Continues to decline. Monthly trends for September were announced the previous day. Existing store revenue increased by 1.4% compared to the same month last year, marking two consecutive months of growth. However, the growth rate has slowed from the previous 7.8% increase in the previous month. While the number of customers increased by 9.9%, the average spending per customer decreased by 7.7%. Excluding the effect of the day of the week, it seems to have experienced a 0.5% decrease in revenue.
"Semiconductors" ranked 5th, TDK develops "Spin Memory Stas" with low power consumption <Attention Theme>
As the use of AI expands, the energy used by computers is increasing explosively. On the 2nd, it was announced that an analog memory device "spin memory star" that electrically mimics the synapses of the human brain has been developed. It is said that it can reduce power consumption to one hundredth compared to AI processing with equivalent performance to image processing semiconductors (GPUs), and in the future, it will collaborate with Tohoku University's International Integrated Electronics Research and Development Center toward practical application. AI uses a large amount of electricity for calculations, making the increase in power consumption at data centers a global issue. One of the expected solutions to these challenges is to reduce power consumption using semiconductors, and an important example is "photonic semiconductors." These combine the characteristics of light and semiconductors, with light consuming less energy than electricity and experiencing less delay, which can reduce energy wastage and processing delays. Among the related stocks, there is $TDK (6762.JP)$announced that they developed an analog memory device called "spin memristor" that electrically mimics synapses of the human brain on the 2nd, reducing power consumption to one hundredth compared to AI processing with equivalent image processing semiconductor (GPU) performance. It states that it will collaborate with Tohoku University's International Integrated Electronics Research and Development Center for practical utilization. AI consumes a large amount of electricity during computation, making the increase in electricity consumption at data centers a global issue. One of the solutions to these challenges that is highly anticipated is using semiconductors that reduce power consumption. An important one to note is "photonic semiconductors," which combine the characteristics of light and semiconductors, requiring less energy consumption than electricity and experiencing less delay, thus reducing energy waste and processing delays. Related stocks include $Dexerials (4980.JP)$etc $THine Electronics (6769.JP)$among others.
As the use of AI expands, the energy used by computers is increasing explosively. On the 2nd, it was announced that an analog memory device "spin memory star" that electrically mimics the synapses of the human brain has been developed. It is said that it can reduce power consumption to one hundredth compared to AI processing with equivalent performance to image processing semiconductors (GPUs), and in the future, it will collaborate with Tohoku University's International Integrated Electronics Research and Development Center toward practical application. AI uses a large amount of electricity for calculations, making the increase in power consumption at data centers a global issue. One of the expected solutions to these challenges is to reduce power consumption using semiconductors, and an important example is "photonic semiconductors." These combine the characteristics of light and semiconductors, with light consuming less energy than electricity and experiencing less delay, which can reduce energy wastage and processing delays. Among the related stocks, there is $TDK (6762.JP)$announced that they developed an analog memory device called "spin memristor" that electrically mimics synapses of the human brain on the 2nd, reducing power consumption to one hundredth compared to AI processing with equivalent image processing semiconductor (GPU) performance. It states that it will collaborate with Tohoku University's International Integrated Electronics Research and Development Center for practical utilization. AI consumes a large amount of electricity during computation, making the increase in electricity consumption at data centers a global issue. One of the solutions to these challenges that is highly anticipated is using semiconductors that reduce power consumption. An important one to note is "photonic semiconductors," which combine the characteristics of light and semiconductors, requiring less energy consumption than electricity and experiencing less delay, thus reducing energy waste and processing delays. Related stocks include $Dexerials (4980.JP)$etc $THine Electronics (6769.JP)$among others.
Source: MINKABU, Bloomberg, FISCO
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
暇老人 : Has the yen weakened and the dollar strengthened again? The next milestone depends on the usa
President.