Tokyo market summary: The Nikkei average is stagnant around the 40,000 yen level, with a focus on semiconductor-related stocks.

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The Nikkei average was 476 yen higher at 39,849 yen compared to the previous trading day.
NY Outlook - Are we expecting a bearish trend? Pay attention to November PPI and initial jobless claims.
Ranked 12th, "Quantum Computers" attracts attention with Google's new chip development <GAINIANBANKUAI>.
Hitachi Ltd Sponsored ADR - Continued rise in developing basic technology to automatically generate learning data to strengthen the logical thinking ability of AI.
SoftBank Group - Firm trend, reassuring to buy due to the rise in ARM stock.
Kaiohm - Soaring as they signed a joint research agreement with Eisai to develop high affinity antibodies.
Hot Stocks: $Hitachi (6501.JP)$ 、 $SoftBank Group (9984.JP)$ 、 $Gumi (3903.JP)$ ETC
MOOMOO News of individual stocks Japan Stocks Kingsley

Market Overview
In today's Tokyo stock market, the Nikkei average stock price closed at 39,849.14 yen, up 476.91 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) ended at 2,773.03, up 23.72 points.

Top News
Bank of Japan's policy and expectations of a U.S. rate cut are driving the market.
With speculation that the Bank of Japan will postpone its rate hike in December, the yen is depreciating. After the release of the U.S. consumer price index, expectations for additional rate cuts by the end of the year increased, and the Nasdaq Composite Index surpassed the 0.02 million dollar mark. In the Tokyo market, purchases focused on semiconductor-related stocks, boosting the overall market. However, tonight's release of the November U.S. Producer Price Index (PPI) and initial jobless claims could impact rate cut expectations, making it important to watch.
Related Articles:
NY outlook - is there a heavy upper trend? Focus on November PPI and initial jobless claims.
Tokyo stocks (morning closing) = Up 508 yen from the previous day, briefly reaching the 40,000 yen level following the rise in US stocks.

Hot Stocks
"Quantum Computer" ranks 12th, attracting attention with Google's new chip development <GAINIANBANKUAI>.
The "Popular Theme Ranking" aggregated by Min-kabu and Kabu search shows that "Quantum Computer" is ranked 12th.
On the 9th, Google, a subsidiary of the US Alphabet, revealed that it has developed a new chip called "Willow" for quantum computers. It is said that the chip can perform complex calculations that take much longer than the history of the universe with the fastest supercomputer in less than 5 minutes.
Related Articles:Three U.S. stocks related to "quantum computers" - potential Tenbaggers? Momentum boosted by performance beats and Amazon support

Hitachi Ltd Sponsored ADR - Continuing to rise, developed basic technology to automatically generate learning data to enhance the logical thinking ability of AI.
$Hitachi (6501.JP)$ Continued to rise. The company announced on the 11th that it has developed fundamental technology to automatically generate learning data (logical thinking dataset) to enhance the logical thinking ability of AI.

SoftBank Group is performing well, with a sense of comfort in buying due to the rise in British ARM shares.
$SoftBank Group (9984.JP)$ Rebounding. The rate of increase temporarily exceeded 3%. The Nasdaq Composite Stock Price Index reached an all-time high the previous day, for the first time surpassing 20,000. Amid a strengthening risk preference by investors towards high-tech stocks, the English company focusing on semiconductor design under the umbrella of SoftBank Group has seen a rise of over 4%. $Arm Holdings (ARM.US)$ It has risen by more than 4%. Amid the rate cuts by central banks in Europe and America, there is global downward pressure on interest rates, which has led to increased speculative interest in SoftBank Group as it is expected to reduce financial burden.

Gumi - significant continuous growth, profit increase significantly widens in the August-October period.
$Gumi (3903.JP)$ Rising significantly. The Nasdaq Composite Stock Price Index reached an all-time high the previous day, surpassing 20,000 for the first time. English company operating under the umbrella of SoftBank Group and involved in semiconductor design has shown an increase of over 4%. Amid the entry of central banks in Europe and the United States into a cycle of interest rate cuts, globally there is pressure for interest rates to decline. This development is seen as a lightening of financial burden for SoftBank Group and has led to increased interest in investments.

$FUJIFILM Holdings (4901.JP)$ が3日続伸。日本経済新聞電子版は12日5時に、同社が韓国に半導体製造に使う材料の工場新棟を建設すると報じた。11日に開幕した半導体の国際展示会「セミコン・ジャパン2024」の会場で、半導体材料事業を統括する岩﨑哲也取締役が日本経済新聞の取材に対して投資計画を明らかにしたという。

Kaioom - Soaring Kaioom signs a joint research agreement for the creation of high-affinity antibodies with Eisai.
$Chiome Bioscience (4583.JP)$ が急騰。同社は11日、 $Eisai (4523.JP)$ と、同社独自の抗体探索技術である「ADLibシステム」を応用した抗体エンジニアリングによる高親和性抗体の作製について、共同研究契約を締結したと発表した。