[Nikkei Stock Average and TOPIX (Table)]
The Nikkei Average was 40,863.14, down 49.23 from the previous week. The Topix was 2,877.86, down 6.32. On July 8, the Nikkei Average started with a slight decline of 49.23 yen lower than the previous week, at 40,863.14. On July 5, the Dow Jones closed at 39,375.87, up 67.87 points from the previous day's trading. The Nasdaq closed at 18,352.76, up 164.46 points. After opening, the market was mixed due to weak economic indicators from the June employment statistics. High-tech stocks rose due to expectations of an interest rate cut in September, which was seen as a positive reaction to the decrease in interest rates. The Dow fluctuated weakly due to concerns about economic slowdown, but eventually turned higher in the latter half of the session, supported by the rise of high-tech stocks. The Nasdaq closed at a record high for the second consecutive day.
Chicago Nikkei 225 futures settled at 41,035 yen, up 175 yen from Osaka. Today's Nikkei average started with a slight selling bias. However, there were some moments when it turned slightly positive after opening, and there was a lack of direction in the morning due to supply and demand factors, which is why market participants are cautious about aggressive trading today.
[Sector]: Mining, insurance, banking, transportation equipment, wholesale trade, etc. are the top decliners, while pharmaceuticals, precision instruments, and electric and gas industries rose. The turnover of the Tokyo Stock Exchange Prime includes Laser Tech <6920>, Mirrors HD <8897>, Kawasaki Shipbuilding <9107>, Dai-ichi Life HD <8750>, Recruit HD <6098>, Marubeni <8002>, Mitsui & Co. <8031>, Honda <7267>, SMC <6273>, INPEX <1605>, Nissan Motor <7201>, and Nomura <8604>, all of which fell. Meanwhile, Nitori Holdings <9843>, Rakuten Group <4755>, and Daiichi Sankyo <4568>, among others, have risen.
On July 8th, the Nikkei Average started with a slight decline, down 49.23 yen from the previous week, at 40,863.14. On July 5, the Dow Jones closed at 39,375.87 dollars, up 67.87 dollars from the previous day's trading. The Nasdaq closed at 18,352.76, up 164.46 points. After opening, the market was mixed due to weak economic indicators from the June employment statistics. High-tech stocks rose due to expectations of an interest rate cut in September, which was seen as a positive reaction to the decrease in interest rates. The Dow fluctuated weakly due to concerns about economic slowdown, but eventually turned higher in the latter half of the session, supported by the rise of high-tech stocks. The Nasdaq closed at a record high for the second consecutive day.
In the list of top trading volume on the Tokyo Stock Exchange's Prime market, SoftBank Group <9984>, Mitsubishi UFJ <8306>, Sony Group <6758>, Sumitomo Mitsui <8316>, Shin-Etsu Chemical <4063>, among others, rose slightly. On the other hand, Mitsubishi Heavy Industries <7011>, Laser Tech <6920>, Disco <6146>, Hitachi <6501>, and Yasukawa Electric <6506> fell slightly. In terms of industry sectors, pharmaceuticals, communications, and warehouse transportation are among the top gainers in the market.
In 2023, the company's overall sales volume of 18,000 kiloliters, +28.10% year-on-year, significant growth. Product structure, 10-30 billion yuan products operating income of 401/1288/60 million yuan respectively.