What are Post Kishida stocks? Will the yen appreciate? Pay attention to stocks related to the next prime minister candidate!

On the 14th, it was announced that Prime Minister Kishida will not run for the Liberal Democratic Party presidential election in September. When Kyodo News gave an update in the morning and each company continued, the Nikkei Stock Average rose by about 300 yen, then fell by about 550 yen, then fluctuated, returning to the level before the report.The sense of uncertainty caused by the change of prime minister had an impact on the marketSeemably.
The exchange rate also fluctuated. The yen rose from around 1 dollar = 147 yen to about 146.2 yen, then returned to around 146.9 yen.
The change in Japan's top management is expected to have a significant impact on the market. Notable stocks will be picked up due to the change of Prime Minister Kishida.

＜ Stocks that are likely to rise in relation to “Post Kishida” ＞
As a leading candidate for post Kishida,Motegi ToshimitsuSecretary General,Kono Tarodigital phase,Takaichi SanaeMinister of Economic Security,Ishiwari ShigeruFormer Secretary General,Koizumi ShinjiroThe former Minister of the Environment and others are being targeted.

●Stocks that benefit from the appreciation of the yen
Mr. Mogi and Mr. Kono made statements urging interest rate hikes before the Bank of Japan decided to raise additional interest rates in July. If they become prime ministers, it is conceivable that pressure to raise interest rates will increase further, and there is a possibility that the yen will appreciate.

●Defense related stocks
Mr. Takaichi, who received support from former Prime Minister Abe Shinzo in the previous presidential election in '21, and Mr. Ishiwari, a former Minister of Defense and familiar with security, have been appealing for strengthening national defense for some time, and there is a possibility that they will actively move to expand defense-related budgets.

●Renewable energy-related or nuclear power plant-related brands
Mr. Kono and Mr. Koizumi are known as supporters of nuclear power plants, while Mr. Takaichi is known as a nuclear power plant proponent. There is a possibility that renewable energy-related brands will benefit from Mr. Kono and Mr. Koizumi, and nuclear power plant-related brands will benefit from Mr. Takaichi, respectively.

ー MooMoo News Mark
Source: Kyodo News, Nihon Keizai Shimbun, Bloomberg, Moomoo