At the end of 13 days ago, the number of rising stocks in the Nikkei average constituent stocks was 55, the number of declining stocks was 168, and the number of unchanged stocks was 2.

The Nikkei average fell. It ended the morning session at 36,507.10 yen (volume approximately 1,020 million shares), down 326.17 yen (-0.89%) from the previous day.

The U.S. stock market continued to rise on the 12th. The Dow Jones Industrial Average closed at 41,096.77, up 235.06 dollars (+0.58%). The NASDAQ closed at 17,569.68, up 174.15 points (+1.00%). The S&P 500 closed at 5,595.76, up 41.63 points (+0.75%). Despite the August Producer Price Index (PPI) exceeding expectations and the view that the rate cut trajectory remained unchanged, the semiconductor companies like NVIDIA were strong, leading to an initial rise. At the same time, disappointment in the slow pace of interest rate cuts led to some selling and a temporary decline, but the market remained firm due to support from the high-tech sector. Towards the end, there was an accelerated buyback due to expectations after the Wall Street Journal pointed out the possibility of a significant interest rate cut, leading to a substantial rally at the end.

Despite the rise in U.S. stocks, the strong yen trend weighed down the Tokyo market, causing a slow start. After the opening, the Nikkei average continued to struggle around the 36,800 yen level, but the acceleration of the strong yen, with the exchange rate reaching the 140 yen level, led to a sluggish movement in the Nikkei average. The preliminary settlement index (SQ) value of the September option and futures, calculated at the start, was 36,906.92 yen. The Nikkei average did not exceed this value during the trading hours, so it became a 'phantom SQ' at the time of the closing bell.

Among the stocks selected in the Nikkei Average, companies such as Konami Group <9766>, Nexon <3659>, and CyberAgent <4751> were lackluster, and export-related stocks such as NEC <6701>, Canon <7751>, Murata Manufacturing <6981>, Toyota Motor <7203>, and Nidec <6594> were sold due to the progress of the strong yen. In addition, Astellas Pharma <4503>, Ajinomoto <2802>, Shionogi <4507>, and Otsuka Holdings <4578> declined.

On the other hand, Kawasaki Heavy <7012> was bought as US securities recommended it as a new purchase, and Mitsukoshi Isetan HD <3099> was also bought due to a positive report from a securities company. In addition, some semiconductors stocks such as Sociomedia Next <6526> and Advantest <6857> were firm due to the material of NASDAQ's rise. In addition, Ebara Corporation <6361>, Shiseido <4911>, Denki Kagaku Kogyo <3405>, Disco <6146>, and Ion <8267> were bought.

In terms of industry, rubber products, insurance, electric and gas, transportation equipment, and pharmaceuticals declined, while only the 4 sectors of marine transportation, iron and steel, mining, and machinery rose.

The top contributor to the decline was Fast Retailing <9983>, which pushed down the Nikkei average by about 49 yen with one stock. The second place was SoftBank Group <9984>, followed by Konami <9766>, TDK <6762>, Recruit Holdings <6098>, Chugai Pharmaceutical <4519>, Astellas Pharma <4503>, and others.

On the other hand, the top contributor to the price increase was Advantest <6857>, which pushed up the Nikkei average by about 8 yen with one stock. Mitsukoshi Isetan <3099> was ranked second, followed by Daikin <6367>, Disco <6146>, Shiseido <4911>, Daiichi Sankyo <4568>, and Ebara Seisakusho <6361>, among others.

*As of 11:30.

Nikkei Stock Average 36507.10 (-326.17)

Number of stocks that rose 55 (contribution +45.31)

Number of stocks that fell 168 (contribution -371.48)

Number of unchanged stocks 2

○ Top advancing stocks

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

Company <6857> Advante 6327 34 8.89

Company <3099> Mitsukoshi Isetan HD 2300 120 3.92

Company <6367> Daikin Industries, Ltd. Unsponsored ADR 17285 110 3.60

Company <6146> Disco 35140 500 3.27

Company <4911> Shiseido Company,Limited Sponsored ADR 3312 100 3.27

Company <4568> Daiichi Sankyo 5123 32 3.14

Company <6361> Ebara Corporation 1967 65 2.11

Company <8267> Aeon 3967 54 1.77

<3405> Kuraray 1926 49 1.60

<9613> NTT Data G 2371 9 1.39

<6526> Socionext 2917 34 1.10

<5803> Fujikura 4112 33 1.08

<6920> Laser Tech 22980 80 1.05

<7012> Kawasaki Heavy Industries 4869 284 0.93

<6273> SMC 60390 250 0.82

<9107> Kawasaki Kisen 1968 24 0.71

<7011> Mitsubishi Heavy Industries 1753 20 0.64

<9104> Mitsui O.S.K. Lines 4747 64 0.63

<3086> J. Front Retailing 1492 32 0.52

<6954> Fanuc Corp 3811 2 0.33

Top decreasing stocks

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

<9983> Fast Retailing Co., Ltd. 44020 -500 -49.04

<9984> SoftBank Group 8394 -106 -20.79

Konami Holdings Corporation (9766) 13500 -585 -19.12

TDK Corporation (6762) 8968 -157 -15.40

Recruit Holdings Co Ltd (6098) 8648 -119 -11.67

Chugai Pharmaceutical Co Ltd (4519) 6725 -107 -10.49

Astellas Pharma Inc (4503) 1731 -58.5 -9.56

Shin-Etsu Chemical Co Ltd (4063) 5714 -51 -8.34

Terumo Corporation (4543) 2579 -28 -7.32

Toyota Motor Corporation (7203) 2469 -44 -7.19

<7751> Canon 4735 -142 -6.96

<3659> Nexon 2651 -105 -6.87

<4901> Fujifilm 3816 -70 -6.87

<6971> Kyocera 1695 -26 -6.80

<6988> Nitto Denko 11315 -190 -6.21

<4507> Shionogi Pharmaceutical 6356 -178 -5.82

<4578> Otsuka Holdings 8015 -174 -5.69

<4704> Trend Micro 8629 -159 -5.20

<6981> Murata Manufacturing Co., Ltd. 2721 -66 -5.18

<9843> Nitori Holdings Co., Ltd. 22595 -310 -5.07