At the closing bell on the 23rd, the number of rising stocks in the Nikkei average constituents was 175, the number of falling stocks was 50, and the number of unchanged stocks was 0.

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 US stocks fell, the Tokyo market took a cautious stance and started firmly. BOJ Governor Ueda stated during the closed meeting that the financial markets continue to be in an unstable situation and that we will continue to watch its movements with great vigilance. He also explained that the basic stance of adjusting the degree of monetary easing will not change, as long as it becomes clear that the economic and price outlook is becoming more certain as we expect. While showing consideration to the market, the exchange rate progressed to a high of 145.20 yen to the dollar, leading to a strong yen and a weak dollar. Although the Nikkei average showed signs of falling into the negative territory due to the yen's strength, in the afternoon, Governor Ueda's explanation that there was no difference from Vice-Governor Uchida, gave a sense of reassurance and the progress of the strong yen halted. The Nikkei average turned around and ended the trading day.

The closing Nikkei average was 38,364.27 yen, up 153.26 yen (+0.40%) from the previous day. The trading volume on the Tokyo Prime Market was 1.3 billion 17.2 million shares. The trading value was 3 trillion 400.8 billion yen. Among the industry sectors, other financing business, precision instruments, construction, securities and commodity futures trading, and machinery increased, while only the wholesale trade, marine transportation, electric appliances, and information and communications sectors declined. The number of rising stocks on the Tokyo Prime Market accounted for 57%, while the number of falling stocks accounted for 38%.

The top contributor to the rise in stock prices was First Retail, which pushed up the Nikkei average by about 62 yen with one stock. The second place was taken by Shin-Etsu Chemical, followed by Terumo, Daikin, TDK, SoftBank Group, and Chugai Pharmaceutical.

On the other hand, the top contributor to the decline in stock prices was Tokyo Electron, which pushed down the Nikkei average by about 68 yen with one stock. The second place was taken by Advantest, followed by Laser Technology, KDDI, Mitsubishi Shoji, Oriental Land, and M3.

* As of 15:00

Nikkei Average Stock Price: 38,364.27 (+153.26)

Number of gaining stocks: 175 (Contribution: +339.00)

Number of declining stocks: 50 (Contribution: -185.74)

Number of unchanged stocks 0

○ Top advancing stocks

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

<9983> First Retail 45690 640 62.77

<4063> Shinetsu Chemical 6392 116 18.96

<4543> Terumo 2800 70 18.31

<6367> Daikin Industries 18100 515 16.84

<6762> TDK 9988 116 11.38

<9984> SoftBank Group 8474 54 10.59

<4519> Chugai Pharmaceutical 7220 106 10.40

<7741> HOYA 20605 605 9.89

<4568> Dainippon Sumitomo Pharma 5955 98 9.61

<9735> SECOM 10505 275 8.99

<4901> Fujifilm 3770 60 5.88

<6971> Kyocera 1745 21 5.49

<6645> Omron 5925 162 5.30

<6954> Fanuc 4257 30 4.90

<2801> Kikkoman 1728 30 4.82

<7267> Honda 1578 22 4.32

<6988> Nitto Denko 11670 130 4.25

<8591> ORIX 3574 115 3.76

<6724> Seiko Epson 2701 58 3.76

<9843> Nitori HD 21535 230 3.76

Top decreasing stocks

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

<8035> Tohoku Elec 27105 -700 -68.65

<6857> Advante 6382 -225 -58.84

<6920> Laser Tech 28350 -905 -11.83

<9433> KDDI 4792 -47 -9.22

<8058> Mitsubishi Corp. 2971 -56 -5.49

<4661> Oriental Land -95 -3.11

<2413> M3 -32.5 -2.55

<4507> Shionogi -76 -2.48

<6146> Disco 43240 -320 -2.09

<6526> Socionext -57 -1.86

<2502> Asahi GHD -55 -1.80

<7974> Nintendo 8225 -51 -1.67

<6501> Hitachi 3461 -49 -1.60

<3092> ZOZO 4568 -49 -1.60

<3659> Nexon 2925 -22 -1.44

<4385> Mercari 2340 -37 -1.21

<6723> Renesas Electronics 2462 -36.5 -1.19

<8031> Mitsui & Co. 3019 -16 -1.05

<5803> Fujikura 4018 -30 -0.98

<9613> NTT Data Corporation 2118 -5.5 -0.90