Tokyo Market Summary: The Nikkei average fell for the second day in a row, with a sharp drop in quantum computer-related stocks following comments from the NVIDIA CEO.
Hello, MOOMOO users!Good job on the closing bell. Here is today's stock market overview. Thank you. ● The Nikkei Average closed at 39,605 yen, down 375 yen from the previous trading day. ● Quantum computer-related stocks plummet, with NVIDIA CEO's statement causing over 30% crash in US Quantum stocks ◇ Ranked 8th in "Cybersecurity", the National Police Agency and NISC raise alert for "MirrorFace" attack attention <Hot Stocks> iSpace-5 continues to rise for 5 days, the scheduled launch date of Mission 2 is confirmed to be on January 15th at 15:11 Mitsubishi UFJ, Mitsubishi Sumitomo FG etc. See-saw trading, interest rate rising trend intensifies further in Japan and USA◇ Shipping stocks such as NYK Line experience sharp decline, speculation of rising ocean freight rates recedes due to US port strike avoidance◇ Hot Stocks:$ispace (9348.JP)$、$Nippon RAD (4736.JP)$、$Nippon Yusen Kabushiki Kaisha (9101.JP)$etc MOOMOO News on Japanese Stocks Kingsley
Market Overview In today's Tokyo stock market, the Nikkei average stock price closed at 39,605.09 yen, down 375.97 yen from the previous trading day, and the Tokyo Stock Price Index (TOPIX) closed at 2,735.92, down 34.08 points. Due to concerns about rising long-term interest rates in the US stock market the day before, tech stocks struggled to grow, and selling pressure focused on semiconductor-related stocks in the Tokyo market. With the strengthening of US regulations on semiconductors related to China, the Tokyo stock market remained bearish throughout the day.
Hot stocks Cybersecurity ranks 8th, with the National Police Agency and NISC issuing a warning about 'MirrorFace' attacks <GAINIANBANKUAI Theme> In the 'Popular Theme Rankings' compiled by Min-kabu and Kabu-tans, 'Cybersecurity' ranks eighth. On the 8th, the National Police Agency and the National Center of Incident Readiness and Strategy for Cybersecurity (NISC) issued a warning, stating that since around 2019, a hacker group called 'MirrorFace' has been repeatedly carrying out cyber attacks. As a result of the investigation conducted by the Cybercrime Division of the National Police Agency, the Metropolitan Police Department, and other prefectural police departments, it is believed to be a systematic cyber attack involving China suspected of aiming to steal information on Japan's national security and cutting-edge technologies through analysis of the targets, methods, attack infrastructure, etc.
loveMy
HONDA N-ONE
:
The yen continues to depreciate, so even if you earn some, your purchasing power is decreasing. After a few years of depreciation, a bowl of ramen costs 3000.
御社の犬
loveMy
:
I would like to ask how investors feel about the current situation where China is advancing into deflation. It's just a simple question with no ulterior motives.
sskko
HONDA N-ONE
:
The current depreciation of the yen is not 'mild', it's too cheap. Moreover, it's dangerous to buy US stocks at the current USD/JPY rate. It's safer to wait for it to return to 140-150 and then buy.
sskko
HONDA N-ONE
:
The current depreciation of the yen is not 'mild', it's too cheap. Moreover, it's dangerous to buy US stocks at the current USD/JPY rate. It's safer to wait for it to return to 140-150 and then buy.
loveMy
御社の犬
:
China's so-called deflation is not due to a decrease in purchasing power, but because the competition among commodities is too fierce. Only through price wars can companies survive. Any enterprise without competitiveness cannot survive in China, and the Japanese market is too harmonious, which is not conducive to consumers.
猫の森 : May the yen strengthen.
HONDA N-ONE 猫の森 : Why
I think it's better to gently weaken the yen and stir up the overheating of stocks.
It's okay to bubble a little.
loveMy HONDA N-ONE : The yen continues to depreciate, so even if you earn some, your purchasing power is decreasing. After a few years of depreciation, a bowl of ramen costs 3000.
HONDA N-ONE loveMy : It's okay to be 3,000 yen.
There will be no growth if you deny that.
御社の犬 HONDA N-ONE : As you say, that's what we call "growth".
御社の犬 loveMy : I would like to ask how investors feel about the current situation where China is advancing into deflation. It's just a simple question with no ulterior motives.
sskko HONDA N-ONE : The current depreciation of the yen is not 'mild', it's too cheap. Moreover, it's dangerous to buy US stocks at the current USD/JPY rate. It's safer to wait for it to return to 140-150 and then buy.
sskko HONDA N-ONE : The current depreciation of the yen is not 'mild', it's too cheap. Moreover, it's dangerous to buy US stocks at the current USD/JPY rate. It's safer to wait for it to return to 140-150 and then buy.
loveMy 御社の犬 : China's so-called deflation is not due to a decrease in purchasing power, but because the competition among commodities is too fierce. Only through price wars can companies survive. Any enterprise without competitiveness cannot survive in China, and the Japanese market is too harmonious, which is not conducive to consumers.