Hello, MOOMOO users!Good job on the closing bell. Here is today's stock market overview. Thank you. The Nikkei average closed at 39,457 yen, down 12 yen from the previous trading day. Market Voice: Bank of Japan, possibility of interest rate hike at this week's meeting. Meta Planet - Sharp increase as Moody's is rumored to be included in the Nasdaq 100 Index. "Gaming Related" ranks 19th, attracting attention to the movement of Middle Eastern money. <Hot Stocks> SoftBank Group is in a buying trend, supported by the firmness of the Nasdaq market and the rise of ARM stocks. RiverElecTech - Hits upper limit, develops the world's smallest size crystal vibrator for the first time. Hot Stocks:$Metaplanet (3350.JP)$、$River Eletec (6666.JP)$etc MOOMOO News on Japanese Stocks Kingsley
Market Overview In today's Tokyo stock market, the Nikkei average stock price closed at 39,457.49 yen, down 12.95 yen from the previous business day, and the Tokyo Stock Price Index (TOPIX) closed at 2,738.33, down 8.23 points. With the upcoming FOMC and Bank of Japan meetings, the Tokyo stock market is showing a cautious stance. Major indexes turned negative from the morning's buying trend, with a weakening yen.
Top News [Market Voices] Bank of Japan, possibility of rate hike at this week's meeting Moody's Analytics points out that the Bank of Japan is likely to raise interest rates at the monetary policy meeting scheduled until the 19th. The company expects a rate hike of 25 basis points (bp) to 0.5%. However, the probability of a rate hike in December and January next year is estimated to be about 60 to 40. In addition, the Bank of Japan is concerned that a weakening yen will boost inflation and impact real wages and personal consumption.
Hot stocks 7 stocks related to 'Defense' are on the rise! Trump Trade continues, with focus on AI technology. 4 stocks are also catching up. Defense-related stocks are maintaining an upward trend despite volatile price movements. With the government's policy to increase defense spending, the inauguration of former Defense Minister Ishiba as Prime Minister, and the re-election of President Trump in the U.S. presidential election, the tailwinds for related stocks are strong. Additionally, there are signs of deepening relations between the defense industry and Artificial Intelligence (AI).
SoftBank Group is buying momentum, supported by the resilience of the Nasdaq market and the rise in ARM shares. $SoftBank Group (9984.JP)$Buyers are dominant. In the U.S. stock market at the end of last week, while NY Dow has been falling for 7 consecutive days showing a correction trend, Nasdaq Composite Stock Price Index with a high proportion of high-tech stocks has been relatively strong, landing in the positive territory with a slight increase, maintaining the upward trend supported by the 5-day moving average. This is a favorable environment for SoftBank Group to invest in U.S. high-tech companies, especially in artificial intelligence (AI) related sectors.
RiverEletec - hitting the daily limit up, announced the development of the world's smallest size crystal oscillator for the first time. $River Eletec (6666.JP)$Hit the daily limit up. They have announced a successful development of the world's smallest MHz band AT-cut crystal oscillator. Compared to conventional products, the volume has been reduced by about 60% and the weight has been reduced by about 75%. They have already supplied prototypes to overseas manufacturers for next-generation products and are committed to meeting the demand for small, lightweight, and space-saving solutions required for IoT advancement in fields such as healthcare and wearable devices. Expectations for the impact on performance are predominant.
Hamee---Stocks hit the daily price limit increase, expected to significantly expand operating profit in the first half of the year. $Hamee (3134.JP)$Hit the daily limit. The company announced its first-half financial results over the weekend, with an operating profit of 1.02 billion yen, a 61.2% increase from the same period last year. The first quarter performance increased by 28.3%, significantly expanding the profit margin. The full-year forecast remains at 2.08 billion yen, an 8.7% increase from the previous period, but there is anticipation of an upward revision. Revenue from the mobile and global businesses has significantly expanded, while the cosmetics business has also greatly reduced its losses.
Source: Various company releases, MINKABU, FISCO, Trader's Web
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