As of the closing on the 23rd, the number of advancing stocks in the Nikkei Average constituent stocks was 125, the number of declining stocks was 98, and the number of unchanged stocks was 2.

The Nikkei average is down, closing the morning trading at 38,117.44 yen (volume approximate 0.6 billion 30 million shares) with a decrease of 93.57 yen (-0.24%) from the previous day.

On the 22nd, the U.S. stock market fell. The Dow average closed at 40,712.78, down 177.71 dollars (-0.43%), the Nasdaq closed at 17,619.36, down 299.63 points (-1.67%), and the S&P 500 closed at 5,570.64, down 50.21 points (-0.89%). The weekly jobless claims did not surprise, the rapid deterioration concerns of the labor market retreated, and the market rose after the opening. Existing home sales exceeded expectations, leading to a rise in long-term interest rates, resulting in selling centered around high-tech. Subsequently, cautionary selling also increased ahead of the speech by Federal Reserve Board (FRB) Chairman Powell, and the market widened its decline towards the end.

Although the U.S. stocks fell, the Tokyo market took a cautious stance and started firmly. Governor Ueda of the Bank of Japan stated during the closed-session review, 'Financial markets continue to be in an unstable situation,' and further explained, 'If we confirm an increase in the likelihood that the economic and price outlook will materialize as we expected, our basic stance to adjust the degree of monetary easing will remain unchanged.' Despite showing consideration for the market, his statements at the press conference on July 31 did not change significantly, causing the yen to strengthen and the dollar to weaken to the 145.20 yen level temporarily. Due to the strengthening yen, the Nikkei average, which had been trading in the plus territory against the previous day, shifted to the minus territory.

In the Nikkei stock offerings, the semiconductor stock price index (SOX index) fell more than 3% from the previous day, causing semiconductor stocks such as Laser Tech <6920>, Advantest <6857>, Socionext <6526>, Renesas Electronics <6723>, and Tokyo Electron <8035> to be sold as a whole. In addition, Furukawa Electric <5801>, Fujikura <5803>, Ebara Corporation <6361>, and Resonac <4004> declined.

On the other hand, SoftBank <9434> reported a 100 billion yen investment, leading to a sharp rise in Sharp <6753>. In addition, based on securities company reports, Taisei Corporation <1801> and Obayashi Corporation <1802> were bought. Additionally, Hitachi Zosen <7004>, Meiji Holdings <2269>, Konica Minolta <4902>, and Comsys Holdings <1721> were also purchased.

In global sectors, electric appliances, insurance, wholesale trade, nonferrous metals, glass and stone products declined, while construction, precision instruments, other financing business, petroleum and coal products, and warehouse/transport-related businesses rose.

The top contributor to the decline was Tokyo Electron Ltd. (8035), which pushed down the Nikkei Average by about 74 yen. The second place was Advantest Corp. (6857), followed by Laser Tech (6920), TDK Corp. (6762), Disco Corp. (6146), Mitsubishi Shokuhin Co. (8058), and OLC (4661), among others.

On the other hand, the top contributor to the price increase was First Retail <9983>, which pushed the Nikkei Average up by about 29 yen with one stock. The second place was Terumo <4543>, followed by Daikin <6367>, Secom <9735>, Daiichi Sankyo <4568>, Chugai Pharmaceutical <4519>, HOYA <7741>, and others.

*As of 11:30.

Nikkei Stock Average 38117.44 (-93.57)

Number of advancing stocks 125 (contribution +138.86)

Number of declining stocks 98 (contribution -232.43)

Number of unchanged stocks 2

○ Top advancing stocks

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

<9983> First Retail 45350 300 29.42

<4543> Terumo 2771 42 10.85

<6367> Daikin Industries 17795 210 6.87

<9735> SECOM 10435 205 6.70

<4568> Dai-ichi Sankyo 5917 60 5.88

<4519> Chugai Pharmaceutical 7173 59 5.79

<7741> HOYA 20345 345 5.64

<2801> Kikkoman 1722 24 3.84

Kyocera Corporation Sponsored ADR 1737 13 3.40

Fujifilm 3742 32 3.14

Shin-Etsu Chemical 6292 16 2.62

Marui Group Co. Ltd. Unsponsored ADR 2447 74 2.40

Orix 3529 70 2.29

Omron 5829 66 2.16

SMC 67430 600 1.96

Sharp Corp 1010 57 1.87

<2871> Nichirei 4323 108 1.77

<1721> Comsys HD 3151 52 1.70

<1801> Taisei Construction 6614 247 1.61

<6098> Recruit HD 8816 16 1.57

Top decreasing stocks

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

<8035> Tokyo Electron 27050 -755 -74.05

<6857> Advante 6374 -233 -60.94

<6920> Laser Tech 28135 -1120 -14.65

<6762> TDK 9775 -97 -9.51

<6146> Disco 43020 -540 -3.53

<8058> Mitsubishi Corporation 2992 -35.5 -3.48

<4661> Oriental Land 4019 -106 -3.47

<8766> Tokyo Marine Holdings 5381 -69 -3.38

<2413> M3 1421 -43 -3.37

<6526> Sosei Next 3111 -103 -3.37

Sony Group Corp 6758 13270 -100 -3.27

Murata Manufacturing Co., Ltd. 6981 2885 -32 -2.51

SoftBank Group Corp 9984 8408 -12 -2.35

Fujikura Ltd. 5803 3979 -69 -2.26

Mitsui & Co., Ltd. 8031 3001 -34 -2.22

Renesas Electronics Corporation 6723 2431 -67.5 -2.21

Komatsu Ltd 6301 4026 -62 -2.03

Nintendo Co Ltd 7974 8221 -55 -1.80

NTT Data Group (9613) closed at 2112, down 11, -1.80%

Eisai (4523) closed at 6129, down 54, -1.77%