ADR (American Depositary Receipt) Japanese stocks, compared to Tokyo Stock Exchange (converted at 1 dollar = 144.46 yen), Yucho Bank <7182>, Disco <6146>, Tokyo Electric <8035>, SoftBank G <9984>, Renesas <6723>, SMC <6273>, Mitsubishi Corporation <8058>, etc., are falling, with selling prevailing overall. The settlement price of Chicago Nikkei 225 futures is 38,140 yen, 230 yen lower than the Osaka daytime price.

The US stock market fell. The Dow Jones Average closed 159.08 points lower at 41,091.42, while the Nasdaq closed 198.79 points lower at 17,556.03. There were no major economic indicators released, so the market had mixed performance after the opening bell. The Dow saw increased profit-taking selling near its all-time high, and the Nasdaq also experienced selling due to concerns about rising long-term interest rates and preemptive selling ahead of NVIDIA's earnings report. Selling dominated the market throughout the day, and the market ended the day in decline.

In the New York foreign exchange market on the 28th, the dollar-yen rate rose to 145.04 yen but then fell back to 144.36 yen and closed at 144.56 yen. The yen continued to be sold due to the view that the Bank of Japan is cautious about additional rate hikes, and the dollar buying increased as long-term interest rates rose ahead of the US 5-year bond auction. However, the dollar's gains were limited due to risk aversion and yen buying amid the decline in the stock market. The euro-dollar rate fell to 1.1105 dollars, then rose to 1.1138 dollars, and closed at 1.1116 dollars.

On the 28th, NY crude oil futures for October delivery continued to decline (NYMEX crude oil October futures closing price: 74.52, down 1.01).

Top ADR gainers on the 28th:

Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate

<5020> ENEOS $11.22, 810 yen (+32.5 yen), up 4.18%

<9503> Kansai Electric $9.1, 2629 yen (+100 yen), up 3.95%

<2801> Kikkoman $24 1734 yen (58.5 yen) +3.49%

<6178> Japan Post $10 1445 yen (23 yen) +1.62%

<6506> Yaskawa Electric $68.38 4939 yen (46 yen) +0.94%

ADR bottom performing stocks (28th)

Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate

<7182> Japan Post Bank $8.4 1213 yen (-172.5 yen) -12.45%

<8750> Dai-ichi Life Holdings $25.6 3698 yen (-517 yen) -12.27%

<7259> Aisin Seiki $32.1 4637 yen (-357 yen) -7.15%

<6146> Disco $28.6 41,316 yen (-934 yen) -2.21%

<8035> Tokyo Electron $88.76 25,645 yen (-545 yen) -2.08%

■ Other ADR Stocks (28th)

Code name closing price (dollar) Japanese yen conversion price Japan closing price comparison

<2914> Japan Tobacco Inc $14.42 4,166 yen (-33 yen)

<3382> Seven & I Holdings Co., Ltd. $14.32 2,069 yen (-31 yen)

<4063> Shin-Etsu Chemical Co., Ltd. $22.02 6,362 yen (-85 yen)

<4502> Takeda Pharmaceuticals Co., Ltd. $14.97 4,325 yen (-14 yen)

<4519> Chugai Pharmaceutical $25.23 7289 yen (-46 yen)

<4543> Terumo $19.05 2752 yen (-11 yen)

<4568> Daiichi Sankyo $41.1 5937 yen (-43 yen)

<4661> Otsuka Holdings $27.4 3958 yen (-25 yen)

<4901> Fujifilm $13.21 3817 yen (-29 yen)

<5108> Bridgestone $19.6 5663 yen (-39 yen)

<6098> Recruit Holdings $12.16 8783 yen (-116 yen)

<6146> Disco $28.6 41316 yen (-934 yen)

<6178> japan post 10 dollars 1445 yen (-23 yen)

<6201> toyota automatic loom 79.16 dollars 11435 yen (-110 yen)

<6273> smc 22.56 dollars 65180 yen (-1210 yen)

<6301> komatsu 27.55 dollars 3980 yen (-37 yen)

<6367> daikin industries, ltd. unsponsored adr 12.68 dollars 18318 yen (-232 yen)

<6501> hitachi ltd sponsored adr 47.32 dollars 3418 yen (-37 yen)

<6503> mitsubishi electric corp. unsponsored adr 31.69 dollars 2289 yen (-28.5 yen)

<6594> nippon denso 10.39 dollars 6004 yen (-81 yen)

Fujitsu's stock price is $17.72, 2560 yen (-30 yen).

Renesas' stock price is $8.31, 2401 yen (-49 yen).

Sony's stock price is $96.75, 13977 yen (-118 yen).

Advantest's stock price is $44.5, 6428 yen (47 yen).

Denso's stock price is $15.42, 2228 yen (-20.5 yen).

Fanuc's stock price is $14.37, 4152 yen (-56 yen).

Murata Manufacturing's stock price is $9.82, 2837 yen (-38 yen).

Japan Post Bank's stock price is $8.4, 1213 yen (-172.5 yen).

<7203> Toyota Motor, $187.67, 2,711 yen (-35.5 yen)

<7267> Honda Motor, $32.55, 1,567 yen (-5 yen)

<7741> HOYA, $142.28, 20,554 yen (-196 yen)

<7751> Canon, $34.45, 4,977 yen (-37 yen)

<7974> Nintendo, $13.64, 7,882 yen (-85 yen)

<8001> Itochu Corporation, $100.46, 7,256 yen (-61 yen)

<8002> Marubeni Corporation, $165.2, 2,386 yen (-41 yen)

<8031> Mitsui & Co., Ltd., $414.25, 2,992 yen (-30 yen)

<8035> Tokyo Electric $88.76 25,645 yen (-$545)

<8053> Sumitomo Corporation $23.21 3,353 yen (-$25)

<8058> Mitsubishi Corporation $20.4 2,947 yen (-$53)

<8306> Mitsubishi UFJ Financial Group $10.4 1,502 yen (-$7.5)

<8316> Mitsui Sumitomo Financial Group $13.27 9,585 yen (-$19)

<8411> Mizuho Financial Group $4.18 3,019 yen (+$3)

<8591> Orix $122.74 3,546 yen (-$18)

<8725> MS&AD Insurance Holdings $22.6 3,265 yen (-$33)

<8766> Tokyo Marine HD $37.1 5359 yen (-$36)

<8801> Mitsui Fudosan $31.8 1531 yen (-$16)

<9432> NTT $26.68 154 yen (-1.2 yen)

<9433> KDDI $16.8 4854 yen (-$32)

<9983> First Retail $31.63 45693 yen (-$507)

<9984> SoftBank G $28.3 8176 yen (-$169)