日経平均採用銘柄では、中国が景気刺激策を打ち出したことで資生堂＜4911＞が買われたほか、安川電機＜6506＞、ファナック＜6954＞、SMC＜6273＞、オークマ＜6103＞、ミネベアミツミ＜6479＞など工作機械関連も買われた。また、アドバンテスト＜6857＞、ルネサスエレクトロニクス＜6723＞など半導体株の一角が上昇。このほか、ダイキン＜6367＞、TOTO＜5332＞、住友金属鉱山＜5713＞などが買われた。The Nikkei Average continued to rise for 5 days. The forward transaction was closed at 38068.22 yen (estimated turnover 0.7 billion 60 million shares), which is 127.63 yen higher (+ 0.34%) compared to the previous day.
The US stock market continued to rise on the 24th. The Dow average closed at 42208.22 dollars, which was 83.57 dollars higher (+0.20%), the NASDAQ was 18074.52, 100.25 points higher (+0.56%), and the S&P 500 closed at 5732.93, which was 14.36 points higher (+0.25%). It rose after being close due to expectations for additional interest rate cuts by the end of the year and a recovery in the outlook for the global economy in response to China's economic stimulus measures. After that, since the September consumer confidence index fell below expectations, optimism about the economy receded and sales turned. Profit-taking sales of the Dow were also seen from near record highs, and growth was sluggish. The NASDAQ expected AI demand, and the desire to buy semiconductors such as NVIDIA was strong and steady, boosting the market price. Towards the end of the game, the Dow also recovered to the positive zone and hit record highs every day.
Despite the rise in US stocks, the Tokyo market started with little sense of direction because the exchange rate swung in the first half of the 143 yen range of 1 dollar and about 1 yen higher than the previous day and the dollar depreciated by about 1 yen compared to the previous day. The current Nikkei Average has continued to grow for 4 days, so it is easy for profit determination sales to enter, but the fact that semiconductor stocks have generally rebounded due to a rise in US tech stocks such as NVIDIA supports the Nikkei Average. After a round of buying and selling, the Nikkei average was in a tight spot at the 38,000 yen level.
Among the stocks adopted by the Nikkei Average, in addition to Shiseido ＜4911＞ being bought because China launched economic stimulus measures, machine tool-related products such as Yaskawa Electric ＜6506＞, FANUC ＜6954＞, SMC ＜6273＞, Okuma ＜6103＞, and MinebeaMitsumi ＜6479＞ were also bought. Also, semiconductor stocks such as Advantest ＜6857＞ and Renesas Electronics＜6723＞ have risen. In addition, Daikin ＜6367＞, TOTO ＜5332＞, Sumitomo Metal Mining ＜5713＞, etc. were bought.
Meanwhile, Kyowa Kirin ＜4151＞ plummeted due to increased uncertainty about atopic drug candidates, and the decline in financial stocks such as Resona HD ＜8308＞, Tokio Marine HD ＜8766＞, Sumitomo Mitsui Financial Group ＜8316＞, MS&AD ＜8725＞, and Mitsubishi UFJ ＜8306＞ was conspicuous because 10-year government bond yields, which are indicators of long-term interest rates, temporarily fell to 0.795% after 8/5. In addition, Terumo ＜4543＞, Nissui ＜1332＞, ZOZO ＜3092＞, etc. fell.
By industry, machinery, glass/earth products, transportation equipment, non-ferrous metals, wholesale businesses, etc. rose, while insurance, banking, fisheries/agriculture and forestry, precision instruments, and other products declined.
Since Chinese stocks such as the Shanghai Composite Index and the Hong Kong Hang Seng Index are strong due to the announcement of economic stimulus measures, one corner of the China-related stocks is showing strong movements. The backstage Tokyo market is likely to develop with an eye on trends in Chinese stocks rather than the exchange market. If FANUC and the like, which had been late, rise one step higher in the back, it will be a supporting factor for the Nikkei Average.
