At the closing time on the 22nd, the number of stocks that rose in the Nikkei Average constituent stocks was 112, the number of stocks that fell was 110, and the number of stocks that remained unchanged was 3.

The Nikkei average rebounded. It ended the morning trading at 38,190.85 yen (+239.05 yen, +0.63%) with an estimated volume of 0.6 billion 60 million shares.

The U.S. stock market rebounded on the 21st. The Dow Jones Industrial Average rose 55.52 dollars (+0.14%) to 40,890.49 dollars, the Nasdaq rose 102.05 points (+0.57%) to 17,918.99, and the S&P 500 rose 23.73 points (+0.42%) to 5,620.85 at the close. It was bought in anticipation of a rate cut due to a significant downward revision of the number of employees for the one-year period until March, and it rose after the opening. Some strong retail earnings supported the market, and high-tech stocks were also bought due to a decline in long-term interest rates, keeping the market steady all day. It briefly stalled due to adjusting sell orders ahead of Chairman Powell's speech, but it rebounded again as the Federal Reserve Board (FRB) indicated a rate cut in September in the summary of the Federal Open Market Committee (FOMC) minutes for the July meeting, and ended with buying.

Following the rise of the U.S. stock market, the Tokyo market started trading with a buying preference. Although there were moments when the Nikkei average dropped to 37,883.86 yen due to concerns about the yen's strength, it turned around after some selling and buying, gradually increasing its gains led by futures. There were scenes where it temporarily rose by more than 400 yen from the previous day and reached the highest level since August 1st. However, the trading volume on the main board market was 1.8 trillion yen and trading activity did not pick up.

In the Nikkei average adopted stocks, Sumitomo Pharma <4506>, IHI <7013>, Omron <6645> were bought based on positive reports from domestic securities companies. In addition, Eisai <4523>, Chugai Pharmaceutical <4519>, Astellas Pharma <4503>, Shionogi <4507> and the pharmaceutical sector also showed an increase.

On the other hand, Screen HD <7735> became more sell-oriented, and securities stocks such as Nomura <8604> and Daiwa Securities G <8601> were sold due to the decline in US interest rates. In addition, Chiba Bank <8331>, Fukuo <8354>, Concordia <7186>, and other regional bank stocks were sluggish. In addition, Disco <6146>, Okuma <6103>, Toyota Motor <7203> were sold.

In terms of industry, pharmaceuticals, petroleum and coal products, chemicals, warehouse and transportation related industries, and food products rose, while securities and commodity futures trading industry, rubber products, transportation equipment, banking industry, and nonferrous metals declined.

The top contributor to the price increase was First Retail Holdings, which pushed up the Nikkei Average by about 102 yen with one stock. Adavantest ranked second, followed by Chugai Pharmaceutical, Shin-Etsu Chemical, Recruit Holdings, Astellas Pharma, and Eisai.

On the other hand, the top contributors to the decline were Tohoku Electric <8035>, which pushed the Nikkei average down by about 8 yen with one stock. Toyota <7203> was ranked second, followed by Secom <9735>, Terumo <4543>, Disco <6146>, SoftBank G <9984>, SMC <6273>, and others.

*As of 11:30.

Nikkei Stock Average 38190.85 (+239.05)

Number of advancing issues 112 (contribution +347.58)

Number of declining issues 110 (contribution -108.53)

Number of unchanged stocks 3

○ Top advancing stocks

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

<9983> First Retail 45000 1050 102.98

<6857> Advante 6670 140 36.61

<4519> Chugai Pharmaceutical 7141 293 28.74

<4063> Shin-Etsu Chemical 6278 170 27.79

<6098> Recruit Holdings 8722 95 9.32

<4503> Astellas Pharma 1803 53 8.66

<4523> Eisai 6193 256 8.37

<9843> Nitori Holdings 21185 420 6.87

<4568> Daiichisankyo 5897 70 6.87

<6920> Laser Tech. 29180 495 6.47

<9433> kddi corporation 4806 32 6.28

<6645> Omron 5769 167 5.46

<9766> Konami G 12560 165 5.39

<2413> M3 1461 67 5.22

<4385> Mercari 2357 147 4.79

<4578> Otsuka Holdings 8536 130 4.25

Olympus Co., Ltd. (7733) 2658 31 3.99

Shionogi & Co., Ltd. (4507) 6722 118 3.86

NTT Data Corporation (9613) 2094 24 3.84

KYOCEARA Corporation Sponsored ADR (6971) 1713 13 3.27

Top decreasing stocks

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

TOKYO ELECTRON (8035) 27910 -90 -8.83

Toyota Motor Corporation (7203) 2646 -47 -7.68

<9735> SeCom 10185 -215 -7.03

<4543> Terumo 2735 -25 -6.54

<6146> Disco 43640 -930 -6.08

<9984> SoftBank Group 8507 -22 -4.32

<6273> SMC 66680 -1260 -4.12

<7269> Suzuki 1667 -29.5 -3.86

<7735> SCREEN 11205 -290 -3.79

<6367> Daikin Industries 17585 -110 -3.60

<3659> Nexon 2952 -48 -3.14

<3382> 7&iHD 2013 -32 -3.14

<5108> Bridgestone 5790 -83 -2.71

<6902> Denso 2255 -20 -2.62

<5803> Fujikura 4004 -76 -2.48

<8766> Tokyo Marine HD 5436 -43 -2.11

<8253> Credit Saison 3164 -59 -1.93

<3099> Mitsukoshi Isetan HD 2319 -48 -1.57

<7272> Yamaha Motor 1267 -16 -1.57

<5802> Sumitomo Electric Industries 2330 -47.5 -1.55