The Japanese stock of ADR (American Depositary Receipts) rose in comparison with the Tokyo Stock Exchange (142.20 yen equivalent to 1 dollar), Japan Post Service ＜6178 ＞, Nidec ＜6594＞, Sumitomo Mitsui Financial Group ＜8316＞, Mitsubishi UFJFG ＜8306＞, Mitsui & Co. ＜8031＞, Daiichi Sankyo ＜4568＞, Terumo ＜4543＞, Tokio Marine HD ＜8766＞, MS&AD Inci HD ＜8725＞, etc. rose. The Chicago Nikkei 225 futures settlement value is 36,370 yen, 190 yen higher than the Osaka daytime.

The US stock market declined. The Dow average closed at 41,503.10 dollars, down 103.08 dollars, and the NASDAQ fell 54.76 points at 17,573.30. After staring at the Federal Open Market Committee (FOMC) results, things were mixed. When the Federal Reserve (Fed) decided to cut interest rates by 0.5% for the first time in 4 years at the FOMC, it temporarily rose drastically. In addition to profit-taking sales due to the passing of the event, Chairman Powell pointed out at the press conference after the meeting that there is no need to rush future interest rate cuts in particular, and the stock exchange rate also began to decline as interest rates rose towards the end of the market, and it ended.

The dollar and yen fell to 140 yen 45 yen in the New York foreign exchange market on the 18th, then rose to 142 yen 71 yen, and closed at 142 yen 25 yen. The Federal Reserve (Fed) went against initial expectations at the Federal Open Market Committee (FOMC), and in addition to drastically cutting interest rates by 0.50% points, further interest rate cuts were expected in staff predictions, spurring dollar sales associated with falling interest rates. After that, Chairman Powell expressed an optimistic view on the economy and consumption, and mentioned that strength would be maintained, and furthermore, emergency interest rate cut observations receded because they were “not in a hurry,” and interest rates turned upward, and dollar buybacks intensified. The euro dollar rose to 1.1189 dollars, then fell to 1.1097 dollars and closed at 1.1118 dollars.

NY crude oil futures are weak for the 10 month period (NYMEX crude oil closing price for the 10 month period: 70.91 ↓ 0.28).

■Stocks with the highest ADR growth rate (18th)

Stock code stock name closing price (dollar) Japanese yen conversion price Japanese closing price ratio gain/fall rate

＜9107＞ Kawasaki Kisen 15.08 dollars 2144 yen (99 yen) +4.84%

＜8830＞ Sumitomo Real Estate 17 dollars 4835 yen (174 yen) +3.73%

＜6178＞ Japan Post $10 1422 yen (48 yen) +3.49%

＜4755＞ Rakuten $6.81 968 yen (22.4 yen) +2.37%

＜8630＞ SOMPOHD 11.47 dollars 3262 yen (62 yen) +1.94%

■Stocks with lower ADR depreciation rate (18th)

Stock code stock name closing price (dollar) Japanese yen conversion price Japanese closing price ratio gain/fall rate

＜7182＞ Japan Post Bank 8.05 dollars 1,145 yen (-159.5 yen) -12.23%

＜8750＞ Dai-ichi Life HD 22.2 dollars 3157 yen (-357 yen) -10.16%

＜5020＞ ENEOS 10.06 dollars 715 yen (-41.1 yen) -5.44%

＜2801＞ Kikkoman 22 dollars 1,564 yen (-52.5 yen) -3.25%

＜4689＞ LINE Yahoo 5.54 dollars 394 yen (-7.8 yen) -1.94%

■Other ADR stocks (18th)

Stock Code Stock Name Closing Price (Dollar) Japanese Yen Conversion Price Japanese Closing Price Ratio

＜2914＞ Nippon Tobacco Industry 14.28 dollars 4061 yen (6 yen)

＜3382＞ Seven & I HD 15.06 dollars 2142 yen (-9.5 yen)

＜4063＞ Shin-Etsu Chemical 19.75 dollars 5617 yen (2 yen)

＜4502＞ Takeda Pharmaceutical 14.82 dollars 4215 yen (8 yen)

＜4519＞ Chugai Pharmaceutical 23.67 dollars 6732 yen (-22 yen)

＜4543＞ Terumo 18.7 dollars 2659 yen (33.5 yen)

＜4568＞ Daiichi Sankyo 34.88 dollars 4960 yen (65 yen)

＜4661＞ Orienland 26.92 dollars 3828 yen (2 yen)

＜4901＞ Fujifilm $13.34 3794 yen (0 yen)

＜5108＞ Bridgestone 18.9 dollars 5375 yen (-14 yen)

＜6098＞ Recruit HD 12.17 dollars 8653 yen (-21 yen)

＜6146＞ Disco 24.5 dollars 34839 yen (9 yen)

＜6178＞ Japan Post $10 1,422 yen (48 yen)

＜6201＞ Toyota Industries 75.32 dollars 10710 yen (75 yen)

＜6273＞ SMC 20.77 dollars 59070 yen (310 yen)

＜6301＞ Komatsu Seisakusho 26.31 dollars 3741 yen (7 yen)

＜6367＞ Daikin Industries 12.41 dollars 17,647 yen (52 yen)

＜6501＞ Hitachi, Ltd. 48.95 dollars 3480 yen (22 yen)

＜6503＞ Mitsubishi Electric $31.72 2,255 yen (-35 yen)

＜6594＞ Nidec 10.02 dollars 5699 yen (99 yen)

＜6702＞ Fujitsu 20.38 dollars 2898 yen (12 yen)

＜6723＞ Renesas $6.99 1988 yen (-7 yen)

＜6758＞ Sony 90.49 dollars 12868 yen (58 yen)

＜6857＞ Advantest $43.3 6157 yen (32 yen)

＜6902＞ Denso 14.34 dollars 2039 yen (14 yen)

＜6954＞ FANUC $13.22 3760 yen (-2 yen)

＜6981＞ Murata Manufacturing 9.29 dollars 2642 yen (-3 yen)

＜7182＞ Japan Post Bank 8.05 dollars 1,145 yen (-159.5 yen)

＜7203＞ Toyota Motor Corporation 176.71 dollars 2513 yen (28 yen)

＜7267＞ Honda Motor 31.73 dollars 1504 yen (10.5 yen)

＜7741＞ HOYA 134.91 dollars 19184 yen (24 yen)

＜7751＞ Canon 32.76 dollars 4658 yen (-11 yen)

＜7974＞ Nintendo $13.28 7554 yen (-5 yen)

＜8001＞ ITOCHU Corporation 104.08 dollars 7400 yen (67 yen)

＜8002＞ Marubeni 156.73 dollars 2229 yen (16 yen)

＜8031＞ Mitsui & Co., 403.13 dollars 2866 yen (38 yen)

＜8035＞ Tokyo Electric 79.24 dollars 22536 yen (71 yen)

＜8053＞ Sumitomo Corporation 22.18 dollars 3154 yen (20 yen)

＜8058＞ Mitsubishi Corporation 19.82 dollars 2819 yen (16.5 yen)

＜8306＞ Mitsubishi UFJFG 10.11 dollars 1438 yen (20.5 yen)

＜8316＞ Sumitomo Mitsui Financial Group 12.55 dollars 8923 yen (128 yen)

＜8411＞ Mizuho Financial Group 3.93 dollars 2794 yen (29.5 yen)

＜8591＞ ORIX 118.26 dollars 3363 yen (10 yen)

＜8725＞ MS&AD Inci HD 22.54 dollars 3205 yen (39 yen)

＜8766＞ Tokio Marine HD 35.15 dollars 4998 yen (61 yen)

＜8801＞ Mitsui Fudosan $28.6 1,356 yen (4 yen)

＜9432＞ NTT 26.14 dollars 149 yen (0 yen)

＜9433＞ KDDI 16.59 dollars 4718 yen (-3 yen)

＜9983＞ Fast Lite 31.54 dollars 44850 yen (30 yen)

＜9984＞ SoftBank G 29.08 dollars 8270 yen (74 yen)