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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.

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moomooニュース日本株 wrote a column · Jan 9 00:49
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 NVID...
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.
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 NVID...

Top News
Quantum computer-related stocks plummet, NVIDIA CEO's statement leads to over 30% crash in US Quantum ◇
$NF Holdings (6864.JP)$In addition to sticking to the stop limit sell indication, $Fixstars (3687.JP)$ Y dropped by over 15%, $Nippon RAD (4736.JP)$ Z also showed a sudden drop of over 20%. In addition, $Ubiquitous AI (3858.JP)$ $TerraSky (3915.JP)$Selling pressure is noticeable on stocks classified as related to quantum computers and other similar items. This is due to... $NVIDIA (NVDA.US)$CEO Jensen Fan mentioned at the analyst briefing on the 7th that it takes about 20 years to develop a useful quantum computer. This background led to inducing selling in related stocks that were originally overheated.

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.

iSpace-5 continued to rise for the 5th day, with the launch date of Task Center 2 confirmed at 3:11 PM on January 15th.
$ispace (9348.JP)$ Stocks rose for the 5th consecutive day. The company announced on the 9th at 12:00 that the launch date of Mission 2 "SMBC x HAKUTO-R VENTURE MOON" (Task Center 2) has been confirmed for January 15, 2025, at 3:11 PM (Japan time).
Mitsubishi UFJ, Sumitomo Mitsui FG, and others see buying and selling intersect, with a further strengthening trend of rising interest rates in Japan and the USA.
$Mitsubishi UFJ Financial Group (8306.JP)$ $Sumitomo Mitsui Financial Group (8316.JP)$Major banks, etc., are trading sell and buy around the previous day's closing price, showing a slightly weak trend. The trend of rising interest rates is strengthening in Japan, the USA, and Europe.
Marine Shipping stocks, such as NYK Line, sharply declined as speculation of rising sea freight rates receded due to the avoidance of the U.S. port strike ◇
$Nippon Yusen Kabushiki Kaisha (9101.JP)$ and $Mitsui O.S.K. Lines (9104.JP)$ $Kawasaki Kisen Kaisha (9107.JP)$Major marine shipping stocks, among others, have experienced a significant decline. Labor negotiations between marine shipping companies and workers in the USA reached a provisional agreement on the 8th of the USA time, thereby avoiding the potential strike that was expected to take place in the Eastern USA, among other regions.
SoftBank Group's subsidiary Arm is reportedly considering acquiring Ampere, a US semiconductor design company.
$SoftBank Group (9984.JP)$Trading is stagnant. Bloomberg News reported at 9:13 on the 9th that the company and its subsidiary, British Arm Holdings, are considering the acquisition of Ampere Computing, a semiconductor design company funded by the American Oracle, Inc.

Source: Various company releases, MINKABU, FISCO, Trader's Web
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 NVID...
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