English
Back
Download
Log in to access Online Inquiry
Back to the Top

Tokyo Market Summary: Nikkei rebounds as optimism about the US economy spreads, with solid performance by major stocks such as semiconductors.

avatar
moomooニュース日本株 wrote a column · Aug 30 01:03
Tokyo Market Summary: Nikkei rebounds as optimism about the US economy spreads, with solid performance by major stocks such as semiconductors.
Hello, Moomoo users!
The Nikkei average closed at 38,647.75 yen, up 285.22 yen from the previous trading day.
Japan, the 'Gas Empire' that reigns over the world, focuses on the reality of energy shift.
Bond Weekly Outlook: Will long-term interest rates decline? Buying long-term bonds due to easing speculation of early rate hikes.
Japanese market conditions: Stocks rise as optimism about the US economy spreads - Long-term interest rates hit a three-week high.
Mitsubishi UFJ Bank enters into electrical utilities futures trading from October.
Hot Stocks: $Kawasaki Heavy Industries (7012.JP)$, $Mitsubishi UFJ Financial Group (8306.JP)$, $Nomura Holdings (8604.JP)$
- Moomoo News Japan Stocks Evelyn

Market Summary
The Nikkei Average on the Tokyo Stock Exchange today closed at 38,647.75 yen, up 285.22 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) closed at 2,712.63, up 19.61 points.
Top News
[Japan Market Conditions] Stocks rise as optimism about the US economy spreads- long-term interest rates reach a 3-week high.
In the Japanese market on the 30th, stocks rose. With optimistic views on the US economy spreading due to strong economic statistics, export-related stocks such as electrical machinery and automobiles, as well as resource-related stocks such as trading companies, petroleum, marine shipping, and nonferrous metals, were high. In August, the Nikkei average stock price fell by 20% in the first three business days, marking the beginning of a turbulent period due to concerns about the US economy. However, investors' fear gradually subsided and the monthly decline rate has narrowed down to about 1.5%.

[Bond Weekly Outlook] Will long-term interest rates decline? Buying in long-term bonds due to easing expectations of early rate hikes.
In the bond market in the first week of September (2-6), a decline in long-term interest rates (price increase) is expected. It is expected that buying will enter long-term bonds and ultra-long-term bonds that are highly profitable due to the carry roll-down effect (income from interest and decrease in remaining term resulting in an increase in bond prices), against the backdrop of a retreat in early rate hike expectations by the Bank of Japan.

Japan, the "Gas Empire" that reigns over the world, shifts its focus to a realistic energy policy.
Somewhere in the world, LNG (liquefied natural gas) cargoes managed by Japanese companies are leaving ports every 6 hours. The giant tankers, which keep the fuel at ultra-low temperatures, are heading towards countries that require a large amount of energy. These LNG tankers are just a small part of Japan's increasing dominance in the gas empire.

Hot Stocks
Kawasaki Heavy Industries continues to rise, establishing a joint venture company with a Chinese hydraulic equipment manufacturer.
$Kawasaki Heavy Industries (7012.JP)$Kawasaki Heavy Industries continues to rise. The company announced on the 29th that it will establish a joint venture company with a Chinese hydraulic equipment manufacturer in the precision machinery business, and this is being seen as a positive development. Kawasaki Heavy Industries will hold 49% of the joint venture company, while the Chinese company will hold 51%. The establishment is scheduled for September 8th.
Mitsubishi UFJ Bank will enter the electricity futures trading market from October.
$Mitsubishi UFJ Financial Group (8306.JP)$The bank announced that it will enter the electricity futures market of the Tokyo Commodity Exchange (TOCOM). It will start handling trading and clearing entrusted services from October. It will invest 49% in eClear, a subsidiary of enechain, which operates the marketplace for electricity hedge wholesale transactions, and make it an equity method affiliate.

Nomura Holdings is strengthening its trading department for foreign exchange and emerging markets in response to increased interest rate volatility in Europe and emerging markets.
$Nomura Holdings (8604.JP)$As interest rate volatility spreads in major markets such as the United States and Japan, Nomura is enhancing its foreign exchange and emerging markets trading department.

Source: Bloomberg, FISCO, Reuters, MINKABU
Tokyo Market Summary: Nikkei rebounds as optimism about the US economy spreads, with solid performance by major stocks such as semiconductors.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
4
4
12
+0
See Original
Report
231K Views
Comment
Sign in to post a comment
    avatar
    moomoo News Official Account
    18KFollowers
    4Following
    172KVisitors
    Follow