[寄り付き概況][Nikkei Stock Average and TOPIX (Table)]
The Nikkei average started at 38156.41, down 207.86 from the previous week.
TOPIX is at 2671.00, down 13.72.
[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.
The Nikkei average on August 26th started with a decline of 207.86 yen from the previous week, at 38156.41 yen. In the U.S. market on the 23rd, the Dow Jones Industrial Average closed at 41175.08, up 462.30, and the Nasdaq closed at 17877.79, up 258.44. The speech by Federal Reserve Board (FRB) Chairman Powell at the Jackson Hole meeting revealed expectations of a swift rate cut, accelerating buying. After the opening, the market rose as the uncertainty cleared and the sense of buying security spread, maintaining a strong trend throughout the day and expanding the gains towards the end. The settlement price of the Chicago Nikkei 225 futures was 38330 yen, 80 yen lower than Osaka. Today's Nikkei average started with a slight sell-off, reflecting the adjustment to the Chicago futures. The exchange rate is tending towards a stronger yen, and there is also awareness of geopolitical risks in the Middle East. However, it is expected to be difficult to drive excessive selling flows ahead of Nvidia's earnings announcement on the 28th, and the development is to determine the firmness after one round of selling.
In the TSE Prime market, Mitsubishi Heavy Industries <7011>, Disco <6146>, Toyo Electric <8035>, Toyota <7203>, Advantest <6857>, Keyence <6861>, Honda <7267>, Kawasaki Heavy Industries <7012> all experienced declines. On the other hand, Laser Tech <6920>, Fast Retailing <9983>, and Nitori HD <9843> saw increases. In terms of global sectors, rubber products, transportation equipment, and pharmaceuticals were among the top declining sectors.
