Japanese stocks of ADRs (American Depositary Receipts) saw Japan Post <6178>, Mizuho FG <8411>, Toyota Industries <6201>, Advantest <6857>, Tokyo Electron <8035>, SoftBank Group <9984>, Disco <6146>, etc. rise compared to the Tokyo Stock Exchange (converted at 1 dollar = 144.68 yen), with overall buying dominance. Chicago Nikkei 225 futures closing price for Osaka was 320 yen higher at 37,980 yen.
The U.S. stock market was mixed. The Dow Jones Industrial Average closed down 293.47 points at 41,914.75, while the Nasdaq closed 7.69 points higher at 18,082.21. Positive sentiment following the OECD's upward revision of the global economic growth outlook led to buying activity, resulting in an initial rise. However, profit-taking selling increased near record highs for the Dow later on, along with a significant drop in August new home sales from July. Despite pressure from rising long-term interest rates, the Nasdaq was slightly higher supported by strength in the semiconductor sector. The Dow extended losses towards the end of the session, closing with a mixed performance.
In the New York foreign exchange market on the 25th, the dollar weakened to 143.87 yen, then rose to 144.84 yen before closing at 144.79 yen. Strong demand for the dollar was fueled by better-than-expected U.S. August new home sales figures and expectations of rising long-term interest rates due to U.S. Treasury bond auctions. The downward revision of Japan's economic outlook to negative growth in the OECD's interim economic outlook may have also been a factor for selling the yen. The Euro to Dollar exchange rate rose to 1.1214 dollars, then fell to 1.1122 dollars before closing at 1.1127 dollars.
NY crude oil futures for November fell (NYMEX crude oil November contract closing price: 69.69, down 1.87).
Top performing ADRs (as of the 25th):
Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate
<5020> ENEOS at 11.88 dollars, 859 yen (change: +59.3 yen, +7.42%)
<4689> LINE Yahoo at 5.84 dollars, 422 yen (change: +13.1 yen, +3.2%)
<6178> Japan Post $10 1447 yen (39.5 yen) +2.81%
<8411> Mizuho FG $3.99 2886 yen (69.5 yen) +2.47%
<6201> Toyota Industries $78.67 11382 yen (262 yen) +2.36%
■ADR Declining Stocks (25th)
Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate
<7182> Japan Post Bank $8 1157 yen (-165.5 yen) -12.51%
<8750> Dai-ichi Life HD $22.2 3212 yen (-414 yen) -11.42%
<2801> Kikkoman $22 1591 yen (-70.5 yen) -4.24%
<9107> Kawasaki Kisen Kaisha $15.08 2182 yen (-45 yen) -2.02%
<6752> Panasonic $8.72 1262 yen (-15.5 yen) -1.21%
■ Qitabankuai ADR stocks (25th)
Code name closing price (dollar) Japanese yen conversion price Japan closing price comparison
<2914> Japan Tobacco Inc $14.28 4132 yen (6 yen)
<3382> Seven & I Holdings Co $14.97 2166 yen (3 yen)
<4063> Shin-Etsu Chemical Industry $20.5 5932 yen (39 yen)
<4502> Takeda Pharmaceuticals Sp Adr $14.58 4219 yen (0 yen)
<4519> Chungai Seiyaku $24.22 7,008 yen (+8 yen)
<4543> Terumo $18.49 2,675 yen (+14.5 yen)
<4568> Daiichi Sankyo $32.74 4,737 yen (+28 yen)
<4661> Orientland $26.19 3,789 yen (+7 yen)
<4901> Fujifilm $12.94 3,744 yen (+24 yen)
<5108> Bridgestone $19.33 5,593 yen (+24 yen)
<6098> Recruit Holdings $12.76 9,231 yen (+61 yen)
<6146> Disco $25.3 36,604 yen (+684 yen)
<6178> Japan Post $10 1447 yen (39.5 yen)
<6201> Toyota Industries $78.67 11382 yen (262 yen)
<6273> SMC $22 63659 yen (589 yen)
<6301> Komatsu $27.63 3998 yen (14 yen)
<6367> Daikin Industries $13.06 18895 yen (55 yen)
<6501> Hitachi Ltd $52.87 3825 yen (38 yen)
<6503> Mitsubishi Electric Corp. unsponsored adr $32.38 2342 yen (17.5 yen)
<6594> Nidec $10.66 6169 yen (23 yen)
<6702> Fujitsu $19.82 2868 yen (¥17.5)
<6723> Renesas $7.21 2086 yen (¥21)
<6758> Sony $96.01 13891 yen (¥116)
<6857> Advantest $46.3 6699 yen (¥152)
<6902> Denso $15.12 2188 yen (¥16)
<6954> Fanuc $14.33 4147 yen (¥17)
<6981> Murata Manufacturing $9.75 2821 yen (¥20)
<7182> Japan Post Bank $8 1157 yen (-¥165.5)
<7203> Toyota Motor is at $184.16, 2664 yen (+20.5 yen).
<7267> Honda Motor is at $32.88, 1586 yen (+11 yen).
<7741> HOYA is at $136.86, 19801 yen (+171 yen).
<7751> Canon Inc-Spons ADR is at $33.05, 4782 yen (+36 yen).
<7974> Nintendo Co Ltd is at $13.2, 7639 yen (+11 yen).
<8001> Itochu Corporation is at $107.36, 7766 yen (+77 yen).
<8002> Marubeni Corporation is at $165.68, 2397 yen (+31 yen).
<8031> Mitsui & Co is at $442.35, 3200 yen (+28 yen).
<8035> Tokyo Electric $84.24 24376 yen (+526 yen)
<8053> Sumitomo Corporation $22.84 3304 yen (+35 yen)
<8058> Mitsubishi Corporation $21 3038 yen (+50.5 yen)
<8306> Mitsubishi UFJ Financial Group $10.09 1460 yen (+15.5 yen)
<8316> Sumitomo Mitsui Financial Group $12.43 8992 yen (+110 yen)
<8411> Mizuho Financial Group $3.99 2886 yen (+69.5 yen)
<8591> Orix $117.39 3397 yen (+25 yen)
<8725> MS&AD Insurance Holdings $23.05 3335 yen (+37 yen)
Tokio Marine HD $36.58 5,292 yen (+67 yen)
Mitsui Fudosan $28.7 1,384 yen (+8 yen)
NTT $25.68 149 yen (+0.5 yen)
kddi corporation $16.46 4,763 yen (+3 yen)
Fast Retailing $33 47,744 yen (+644 yen)
SoftBank G $30.09 8,707 yen (+165 yen)