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Tokyo Market Summary: The Nikkei Average continues to fall slightly, and the possibility that negative interest rates will be lifted in March, and interest rates will be raised again by fall - MUFG Managing Director

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moomooニュース日本株 wrote a column · Mar 6 00:18
Tokyo Market Summary: The Nikkei Average continues to fall slightly, and the possibility that negative interest rates will be lifted in March, and interest rate...
Hello Moomoo users! Thank you very much for your hard work.Today's stock price summary is as follows. Thank you in advance.
●The Nikkei Stock Average ended at 40090.78 yen, 6.85 yen lower than the previous business day
● The possibility that negative interest rates will be lifted in March, and interest rates will be raised again by fall - MUFG Managing Director
● Even if the inflow of funds into Japanese stocks is reversed, if the Bank of Japan changes direction and the yen exchange rate rises - HSBC
● Bonds fall, sold according to Bank of Japan's March policy revision observations - there is also a sense of alarm about high prices for 10-year bonds
● Toyota forgoes spring battle wage increase response at 3rd labor-management talks - conclusion on concentrated response day
● Attention to the handle: $Toyota Motor(7203.JP)$ $Daiichi Sankyo(4568.JP)$ $Mercari(4385.JP)$etc
-MooMoo News Japan Stock Zeber

Market Overview
Today's Nikkei Stock Average ended at 40090.78 yen, 6.85 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) ended at 2730.67, 10.74 points higher in the Tokyo Stock Exchange.
Top news
The possibility that negative interest rates will be lifted in March, and interest rates will be raised again by fall - MUFG Managing Director
$Mitsubishi UFJ Financial Group(8306.JP)$Executive Director Hiroyuki Seki, who serves as the market business division manager, believes that there is a high possibility that the negative interest rate policy will be lifted at the monetary policy meeting to be held by the Bank of Japan on March 18-19.

If the inflow of funds to Japanese stocks is reversed, if the Bank of Japan changes direction and the yen exchange rate rises - HSBC
The strategist at Bank of England HSBC Holdings expressed the view that although the Bank of Japan's change in direction and the rise in the yen exchange rate are widely anticipated, there is a possibility that it will lead to a reversal of the current trend of capital inflow into Japanese stocks.

Bonds fell, sold according to the Bank of Japan's March policy revision observations - there is also a sense of alarm about high prices for 10-year bonds
The bond exchange rate fell on the 6th. $Mitsubishi UFJ Financial Group(8306.JP)$The market business division manager pointed out the possibility that the negative interest rate policy will be lifted by the Bank of Japan in March. Early policy revision observations have weighed on the market.

Notable stocks
Toyota forgoes spring battle wage increase response at 3rd labor-management talks - conclusion on concentrated response day
$Toyota Motor(7203.JP)$On the 6th, at the 3rd round of the 2024 Spring Labor-Management Negotiations (Spring Battle) held on the same day, it was clarified that they did not respond to requests from labor unions regarding wage increases. The final conclusion will be carried over to the 13th, which is the centralized response day.

Toyota invests 330 billion yen in Brazil to produce compact HVs
$Toyota Motor(7203.JP)$On the 5th, it was announced that 11 billion reais (about 330 billion yen) will be invested in Brazil by 2030. It is planned to produce small flex-fuel hybrid vehicles (HVs) that can run on ethanol as fuel starting in '25.

Daiichi Sankyo “Enhearts” is not recommended by the British authorities for the treatment of patients with advanced breast cancer
The British National Institute for Health and Technology Assessment (NICE) will be held on the 5th in English $AstraZeneca(AZN.US)$ with $Daiichi Sankyo(4568.JP)$It was clarified that the cancer treatment drug “Enharts” is not recommended for the treatment of breast cancer patients at an advanced stage. I gave the reason that the cost effectiveness is small. There are about 1000 such patients in England.

Mercari - Begins offering backlash free time job service “Mercari Hello” for the first time in 3 days
$Mercari(4385.JP)$rebounded for the first time in 3 days. The company announced on the 6th that it will start providing the free time job service “Mercari Hello” from the same day.

Mitsubishi Heavy Industries - Zoku Shin develops an onboard AI object detector utilizing next-generation space MPU
$Mitsubishi Heavy Industries(7011.JP)$ Continued growth. The company announced on the 6th that it has developed an onboard AI object detector “AIRIS,” which drives artificial intelligence on a satellite by utilizing the “SOISOC4,” which is a next-generation space MPU (Micro Processing Unit), and detects objects from satellite images.

Distributor: Bloomberg, Nihon Keizai Shimbun, Jiji Press, QUICK Money World, Traders WebReuters
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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