Hello, MOOMOO users!Good job on the closing bell. Here is today's stock market overview. Thank you. The Nikkei average closed at 40,281 yen, up 713 yen from the previous business day. Nissan Motor fell 10% sharply, prompting selling due to reports about the merger ratio. Ranked 10th in the 'Osaka Expo', with 107 days left until the event <ETC GAINIANBANKUAI> Nippon Steel --- United States Steel acquisition completion changed to March 25th, 2025 Sekisui Chemical Industry - New high, continuing to view the mass production start of bendable Solar Cells as a material, widely buying related stocks Seibu HD significantly continued to rise, with a domestic leading securities company increasing the target price to 6070 yen Hot Stocks:$Nissan Motor (7201.JP)$、$Nippon Steel (5401.JP)$、$Sekisui Chemical (4204.JP)$etc MOOMOO News on Japanese Stocks Kingsley
Market Overview The Nikkei average stock price on the Tokyo stock market today closed at 40,281.16 yen, up 713.10 yen from the previous trading day, with the TOPIX closing at 2,801.68, up 34.90 points. The Nikkei average widened its gains even after recovering 0.04 million yen, approaching its year-to-date high and maintaining a dominant buying trend throughout the day. The yen turned bullish. Due to the cautious stance of the Bank of Japan on interest rate hikes, the yen briefly fell to the 158 yen level, hitting its lowest point since July, but later rebounded to the 157 yen level following Finance Minister Kato's suggestion of intervention in the exchange rate.
Nissan fell sharply by 10%, prompting selling due to reports about the merger ratio. $Nissan Motor (7201.JP)$Dropped sharply. On the 27th, the online version of the Nikkei reported on discussions about a management integration by saying that the key focus is the integration ratio. According to the Nikkei's calculation, the Honda-Nissan ratio is expected to start at around 5 to 1. When the market cap ratio is taken as 1 for Nissan, Honda's average stock price in the past month as of December 20th is calculated at 4.9, and in the past 3 months, it is 5.1. Considering the current stock price levels of both companies, there is a market perception that Nissan's stock price is at a high level, prompting selling pressure.$Honda Motor (7267.JP)$and$Nissan Motor (7201.JP)$Regarding the discussions on the management integration, it was reported that "the integration ratio is the focus," and that according to the Nihon Keizai Shimbun's calculations, the ratio between Honda and Nissan is expected to start at about 5 to 1 in the negotiations. When the market cap ratio is set at 1 for Nissan, it is pointed out that Honda's average stock prices in the last month as of December 20th are 4.9, and in the last 3 months, it is 5.1. Considering the current stock price levels of both companies, there is a market perception that Nissan's stock price is at an expensive level, leading to selling pressure.
Hot stocks The Osaka Expo ranks 10th, with 107 days left until the event <GAINIANBANKUAI>. In the 'Popular Theme Ranking' compiled by Min-Kabu and Kabutans, 'Osaka Expo' ranked 10th. There are 107 days left until the opening of the Osaka-Kansai Expo, which will be held from April 13 to October 13, 2025, and interest in the expo seems to be gradually increasing. Looking again at the basic plan formulated in December 2020, the expected number of visitors during the period is about 28.2 million, with an estimated daily attendance of over 150,000 people.
Japan Steel - United States Steel acquisition completion rescheduled to March 2025. $Nippon Steel (5401.JP)$Rose for the 4th consecutive day. It was announced that the planned completion date of the United States Steel acquisition will be changed to March 2025. The Committee on Foreign Investment in the United States (CFIUS) has left the final decision to President Biden, and the competition law review by the US Department of Justice is still ongoing, so the planned timetable has been changed. While expectations for the completion of the acquisition are not high, the stock price seems to be heading for a rebound as it had adjusted for the possibility of the acquisition not being completed.
Sekisui Chemical Industry - New high. Continued anticipation of mass production of curved Solar Cells as a material. Broad buying in related stocks. New high. The company continues to be seen as a material following the announcement on the 26th at 10:00 AM that it will start mass-producing perovskite solar cells. Prior to the announcement, it was reported that approximately 310 billion yen would be invested to construct a new factory in Sakai City. Based on pre-announcement reports and company statements, the stock had risen significantly the previous day, and buying interest continues today.