At the closing 10 days ago, the number of rising stocks in the Nikkei average constituent stocks was 102, the number of falling stocks was 119, and there were 4 unchanged stocks.

The Nikkei average rose slightly. It closed at 41,635.53 yen (volume approximately 0.85 billion shares), up 55.36 yen (+0.13%) from the previous day.

US stocks were mixed on the 9th. The Dow Jones Average fell 52.82 dollars (-0.13%) to 39,291.97 dollars, the Nasdaq rose 25.55 points (+0.14%) to 18,429.29, and the S&P 500 rose 4.13 points (+ 0.07%) to 5,576.98 after trading. In anticipation of testimony from Powell, Chairman of the Federal Reserve Board (FRB), the market remained watchful and trading was mixed after the start of trading. Due to the mention of recent data showing a slowdown in the economy and labor market in his testimony, the Dow turned downward due to caution. In contrast, the Nasdaq continued to buy high-tech products, and updated its record high for the 6th consecutive time, ending mixed.

In the midst of mixed ups and downs in US stocks, the Tokyo market opened with selling pressure as profit-taking followed the sharp rise yesterday. Semiconductor stocks showed a weak trend, but financial stocks such as insurance, banks, and securities were generally bought, and the Nikkei average rebounded. Although it did not update the all-time high during trading hours (41,769.35 yen on July 9th), it was well-supported by the resilience of the downside.

In the Nikkei average adopted stocks, Mitsubishi Motors＜7211＞ rose significantly due to expectations of an upward investment judgment by US securities companies; insurance stocks Tokyo Marine＜8766＞ and MS&AD＜8725＞ updated their record highs since listing (considering split); and T&D Holdings＜8795＞ set a new record high for the year. In addition, Sapporo HD＜2501＞, Suzuki＜7269＞, HOYA＜7741＞, and Mitsukoshi Isetan＜3099＞ were bought.

On the other hand, although it revised its medium-term management plan and raised its operating profit for the fiscal year ending March 2026 to 46 billion yen, GS Yuasa＜6674＞ widened its decline because it did not meet market expectations, and Mitsubishi Heavy Industries＜7011＞ continued to fall. In addition, semiconductor stocks such as Laser Tech＜6920＞, Socionext＜6526＞, and Screen Holdings＜7735＞ also did not perform well.

In terms of industry, insurance, securities and commodity futures trading, precision instruments, banking, and marine transportation increased, while machinery, warehousing and transportation-related industries, real estate, wholesale trade, pulp and paper declined.

The top contributor to the rise was First Retail (9983), which pushed the Nikkei average up about 37 yen with one stock. SoftBank Group (9984) was in second place, followed by Recruit HD (6098), Tokyo Marine (8766), DISCO (6146), Chugai Pharmaceutical (4519), Sony Group (6758), etc.

On the other hand, the top contributor to the decline was Laser Tech (6920), which pushed the Nikkei average down about 12 yen with one stock. Second place was taken by Daikin (6367), followed by Toyota Tsusho (8015), NTT Data (9613), Shiseido Company,Limited Sponsored ADR (4911), Komatsu (6301), Advantest (6857), etc.

*As of 11:30.

Nikkei Stock Average 41635.53 (+55.36)

Number of rising stocks 102 (contribution +181.02)

Number of falling stocks 119 (contribution -125.66)

Number of unchanged stocks 4

○ Top advancing stocks

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

<9983> First Retail 43990 380 37.27

<9984> SoftBank Group 11830 100 19.61

<6098> Recruit HD 9350 198 19.42

<8766> Tokyo Marine HD 6519 227 11.13

<6146> DISCO 65820 1140 7.45

<4519> Chugai Pharmaceutical 6363 76 7.45

<6758> Sony Group 14825 220 7.19

<7269> Suzuki 1893 52 6.80

<7741> HOYA 20450 400 6.54

<8725> MS&AD 3901 131 3.85

<4568> Daiichi Sankyo 5913 36 3.53

<4901> Fujifilm Holdings 3958 27 2.65

<2501> Sapporo HD 6088 361 2.36

<9433> KDDI Corporation 4477 12 2.35

<3099> Mitsukoshi Isetan HD 3560 70 2.29 <2502> Asahi GHD 5660 67 2.19 <6503> Mitsubishi Electric Corp. 2807 66 2.16 <4507> Shionogi & Co., Ltd. 6440 64 2.09 <8035> TDK Corporation 37420 20 1.96 <9766> Konami Holdings Corporation 11910 60 1.96 <6920> Laser Tec Corporation 33570 -930 -12.16 <6367> Daikin Industries, Ltd. 23055 -295 -9.64 <8015> Toyota Tsusho Corporation 3196 -51 -5.00 <9613> NTT Data Corporation 2358 -30 -4.90 <4911> Shiseido Company, Limited Sponsored ADR 4532 -132 -4.32 <6301> Komatsu 4770 -131 -4.28 <6857> ADVANTEST CORPORATION 6884 -15 -3.92 <6273> SMC Corporation 81490 -1120 -3.66 <8058> Mitsubishi Corporation 3342 -34 -3.33 <8267> AEON Co., Ltd. 3359 -101 -3.30 <7011> Mitsubishi Heavy Industries, Ltd. 1905 -95.5 -3.12 <6506> Yaskawa Electric Corporation 5707 -93 -3.04 <8031> Mitsui & Co., Ltd. 3720 -45 -2.94 <9735> Secom Co., Ltd. 9359 -78 -2.55

<2502> Asahi GHD 5660 67 2.19

<6503> Mitsubishi Electric Corp. 2807 66 2.16

<4507> Shionogi & Co., Ltd. 6440 64 2.09

<8035> TDK Corporation 37420 20 1.96

<9766> Konami Holdings Corporation 11910 60 1.96

Top decreasing stocks

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

<6920> Laser Tec Corporation 33570 -930 -12.16

<6367> Daikin Industries, Ltd. 23055 -295 -9.64

<8015> Toyota Tsusho Corporation 3196 -51 -5.00

<9613> NTT Data Corporation 2358 -30 -4.90

<4911> Shiseido Company, Limited Sponsored ADR 4532 -132 -4.32

<6301> Komatsu 4770 -131 -4.28

<6857> ADVANTEST CORPORATION 6884 -15 -3.92

<6273> SMC Corporation 81490 -1120 -3.66

<8058> Mitsubishi Corporation 3342 -34 -3.33

<8267> AEON Co., Ltd. 3359 -101 -3.30

<7011> Mitsubishi Heavy Industries, Ltd. 1905 -95.5 -3.12

<6506> Yaskawa Electric Corporation 5707 -93 -3.04

<8031> Mitsui & Co., Ltd. 3720 -45 -2.94

<9735> Secom Co., Ltd. 9359 -78 -2.55

<6526>, Societe Nexity, 3780, -72, -2.35

Nidec Corporation Sponsored ADR, <6594>, 6900, -90, -2.35

<7735>, SCREEN Holdings Co., Ltd., 16495, -175, -2.29

Fanuc Corp, <6954>, 4511, -13, -2.12

<6361>, Ebara Corporation, 2463, -64.5, -2.11

<6305>, Hitachi Construction Machinery Co., Ltd., 4417, -64, -2.09