At the closing of 2 days ago, the number of rising stocks in the Nikkei Average constituent stocks was 132, the number of falling stocks was 89, and the number of unchanged stocks was 4.

The Nikkei average has risen for three consecutive days. It ended the morning session at 39,780.58 yen (approximately 880 million shares) with an increase of 149.52 yen (+0.38%) from the previous day.

The U.S. stock market rebounded on the 1st. The Dow Jones Industrial Average ended trading at 39,169.52 (+50.66 or +0.13%), while the NASDAQ rose 146.70 points (+0.83%), closing at 17,879.30. The S&P 500 rose 14.61 points (+0.27%), closing at 5,475.09. The European stock market responded favorably to the French election results and rose at the opening. However, it turned downward due to concerns of growth slowdown after the June ISM Manufacturing PMI fell slightly below market expectations and contracted for the third consecutive month. The rise in long-term interest rates weighed on the market, and the Dow Jones Industrial Average hovered around the previous day's closing level. The NASDAQ was supported by Microsoft and other AI stocks.

The Tokyo market opened with a strong buy, fueled by the rise in U.S. stocks. Financial stocks with large market capitalizations, such as insurers and banks, continued to rise, and the TOPIX remained strong, updating its year-to-date high for several consecutive days. The Nikkei average expanded its gains to 39,929.67 yen, and the trading volume in the Prime market in the morning session exceeded 2 trillion yen for the first time in a while as trading increased slightly.

In the Nikkei average stocks, Kawasaki Kisen Kaisha, Ltd. <9107> stood out for its rise as the rise in container shipping market conditions were viewed as material. Financial stocks, such as T&D Holdings <8795>, MS&AD <8725>, Dai-ichi Life Holdings <8750>, Tokio Marine Holdings <8766>, Daiwa Securities Group <8601>, Nomura Holdings <8604>, Mitsubishi UFJ Financial Group <8306>, and Mizuho Financial Group <8411>, rose in general, as the yield of a new 10-year government bond, which is an indicator of long-term interest rates, remained at around 1.08%. In addition, MinebeaMitsumi <6479> and Mitsubishi Heavy Industries <7011> were bought.

On the other hand, semiconductor stocks such as Socionext <6526>, Laser Tech <6920>, and Renesas Electronics <6723> were unimpressive due to the leveling off of Nvidia's stock price. Sapporo Holdings <2501>, Takashimaya <8233>, Eisai <4523>, Nitori Holdings <9843>, and DIC <4631> fell.

In terms of industry, mining, insurance, securities and commodity futures trading, marine transportation, and petroleum and coal products rose, while pulp and paper, warehouse and transportation-related industries, land transportation, rubber products, and iron and steel fell.

The top contributor to the rise was First Retail ＜9983＞, which pushed the Nikkei Average up by about 28 yen with one stock. In second place was Daiichi Sankyo ＜4568＞, followed by Chugai Pharmaceutical ＜4519＞, Advantest ＜6857＞, HOYA ＜7741＞, Tokio Marine Holdings ＜8766＞, Recruit Holdings ＜6098＞, and so on.

On the other hand, the top contributor to the decline was TDK ＜8035＞, which pushed the Nikkei Average down by about 18 yen with one stock. In second place was Laser Tech ＜6920＞, followed by Softbank Group ＜9984＞, Nitori Holdings ＜9843＞, Daikin ＜6367＞, NTT Data Group ＜9613＞, Eisai ＜4523＞, and so on.

*As of 11:30.

Nikkei Stock Average 　 　39780.58(+149.52)

Number of rising stocks 　 132 (contribution +247.29)

Number of falling stocks 　 　89 (contribution -97.77)

Number of unchanged stocks 4

○ Top advancing stocks

Code, Stock Name, Latest Price, Day Change, Contribution

＜9983＞　First Retail　　　40810　　290　　28.44

＜4568＞　Daiichi Sankyo　　　　　　　5634　　 207　　 20.30

＜4519＞　Chugai Pharmaceutical　　　　　5756　　 108　　 10.59

＜6857＞　Advantest　　　　　　　　　6452　　 　32　　　8.37

＜7741＞　HOYA　　　　　　　　　19065　　 495　　　8.09

＜8766＞　Tokio Marine Holdings　　　　　　　6302　　 155　　　7.60

＜6098＞　Recruit Holdings　　　　　　　　8540　　 　72　　　7.06

＜8058＞　Mitsubishi Corp.　　　　　　　　3327　　　69　　　6.77

＜6762＞　TDK　　　　　　　　　　9930　　　67　　　6.57

＜7203＞　Toyota Motor　　　　　　　　　3316　　　32　　　5.23

＜6479＞　Minebea Mitsumi　　　　　　　　3473　　　159　　　5.20

＜7974＞　Nintendo Co Ltd　　　　　　　　8900　　　151　　　4.94

＜6758＞　Sony Group Corp　　　　　　　13900　　　150　　　4.90

＜7267＞　Honda　　　　　　　　　　1785　　　25　　　4.81

DISCO <6146> 61470 730 4.77

Kawasaki Kisen <9107> 2653 153 4.50

KDDI <9433> 4367 22 4.32

Fanuc Corp <6954> 4437 24 3.92

Murata Manufacturing Co. <6981> 3317 47 3.69

MS&AD Insurance Group Holdings <8725> 3830 117 3.44

Top decreasing stocks

Code, Stock Name, Latest Price, Day Change, Contribution

TDK Corp <8035> 34630 -190 -18.63

Laser Tech Corp <6920> 33920 -730 -9.55

SoftBank Group Corp <9984> 10465 -40 -7.85

Nitori Holdings Co Ltd <9843> 16580 -305 -4.99

Daikin Industries Ltd., Unsponsored ADR <6367> 22005 -145 -4.74

NTT DATA Corp <9613> 2336 -23.5 -3.84

Eisai Co Ltd <4523> 6565 -115 -3.76

Sosei Group Corp <6526> 3737 -112 -3.66

Otsuka Holdings Co Ltd <4578> 6786 -98 -3.20

Suzuki Motor Corp <7269> 1810 -23.5 -3.07

Dentsu Group Inc <4324> 3935 -94 -3.07

Nissan Chemical Corp <4021> 4876 -82 -2.68

Secom Co Ltd <9735> 9446 -81 -2.65

Olympus Corp <7733> 2526 -16.5 -2.16

＜7951＞ Yamaha -64 -2.09

＜2801＞ Kikkoman 1852 -9.5 -1.55

＜6594＞ Nidec Corporation Sponsored ADR 7076 -44 -1.15

＜2501＞ Sapporo HD 5610 -153 -1.00

＜8233＞ Takashimaya 2947 -60.5 -0.99

＜9301＞ Mitsubishi Warehouse 5284 -59 -0.96