In the ADR (American Depositary Receipt) Japanese stocks, compared to the Tokyo Stock Exchange (converted at 1 dollar = 144.76 yen), Tokyo Electron Inc <8035>, Advantest Co Ltd <6857>, Mizuho Financial Group Inc <8411>, Fujitsu Ltd <6702>, Renesas Electronics Corp <6723>, Komatsu Ltd <6301>, Tokio Marine Holdings Inc <8766>, etc., rose, leading to a general buying trend. The settlement price of Chicago Nikkei 225 futures was 620 yen higher than Osaka's day session at 39,280 yen.
The US stock market rose. The Dow Jones Industrial Average closed at 42,175.11, up 260.36 points, while the Nasdaq finished trading at 18,190.29, up 108.08 points. Encouraged by economic indicators surpassing expectations, buying due to improved economic outlook led to an increase after opening. The Chinese government's plan to strengthen fiscal support to achieve growth targets and expectations of demand recovery provided support. Micron (MU) led the rise in semiconductors on the Nasdaq. The market remained strong throughout the day and closed positively.
In the New York foreign exchange market on the 26th, the dollar-yen rate fell to 144.11 yen, then rose to 145.21 yen before closing at 144.85 yen. Following the decline in long-term US interest rates, dollar selling prevailed, but after the final GDP figures for the April-June quarter exceeded expectations and the number of new US jobless claims last week reached a four-month low, demonstrating the resilience of the economy and labor market, dollar buying intensified as interest rates rose. The dollar struggled to rise as the US August existing home sales index fell below expectations and the rise in interest rates paused after a successful 7-year bond auction. The Euro-US dollar pair dropped to 1.1126 dollars, then rose to 1.1189 dollars, closing at 1.1175 dollars. The Euro sold off due to speculation of further rate cuts by the European Central Bank (ECB), but after the pause in the rise of US interest rates, dollar selling intensified.
NY crude oil futures for November continued to decline (NYMEX crude oil November futures closing price: 67.67, down 2.02).
Top performing ADRs (26th):
Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate
<5020> ENEOS $11.79 853 yen (increase of 46.4 yen) +5.75%
<4911> Shiseido Company, Limited $27.57 3,991 yen (increase of 206 yen) +5.44%
<8035> Tokyo Electric $93 26,925 yen ($1,165) +4.52%
<9503> Kansai Electric Power $9.23 2,672 yen ($108) +4.21%
<6857> Advantest $49.6 7,180 yen ($280) +4.06%
■ADR Bottom Performers (26th)
Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate
<7182> Japan Post Bank $8.15 1,180 yen (-173 yen) -12.79%
<8750> Dai-ichi Life Holdings $22.8 3,301 yen (-436 yen) -11.67%
<2801> Kikkoman $22 1,592 yen (-107 yen) -6.3%
<9107> Kawasaki Kisen Kaisha $15.08 2183 yen (-51.5 yen) -2.3%
<8830> Sumitomo Realty & Development $17 4922 yen (-77 yen) -1.54%
■ Other ADR Stocks (26th)
Code name closing price (dollar) Japanese yen conversion price Japan closing price comparison
<2914> Japan Tobacco Inc. $14.61 4230 yen (6 yen)
<3382> Seven & I Holdings Co. $15.22 2203 yen (-3.5 yen)
<4063> Shin-Etsu Chemical Co. $21.23 6147 yen (88 yen)
<4502> Takeda Pharmaceuticals SP ADR $14.65 4241 yen (-4 yen)
<4519> Nisshin Pharma Co., Ltd. $24.81 7183 yen (+41 yen)
<4543> Terumo Corporation $18.92 2739 yen (+34 yen)
<4568> Daiichi Sankyo Company, Limited $33.9 4907 yen (+15 yen)
<4661> Orion Land Corporation $26.45 3829 yen (+15 yen)
<4901> Fujifilm Holdings Corporation $13.26 3839 yen (+41 yen)
<5108> Bridgestone Corporation $19.44 5628 yen (+54 yen)
<6098> Recruit Holdings Co., Ltd. $13.09 9475 yen (+107 yen)
<6146> Disco Corporation $27.5 39809 yen (+559 yen)
<6178> Japan Post $10 1448 yen (+18 yen)
<6201> Toyota Textile Machinery $80.25 11617 yen (+182 yen)
<6273> SMC $22.67 65634 yen (+1034 yen)
<6301> Komatsu $28.35 4104 yen (+85 yen)
<6367> Daikin Industries, Ltd. Unsponsored ADR $13.52 19572 yen (+237 yen)
<6501> Hitachi Ltd Sponsored ADR $55.77 4037 yen (+54 yen)
<6503> Mitsubishi Electric Corp. Unsponsored ADR $33.57 2430 yen (+29.5 yen)
<6594> Nidec $10.93 6329 yen (+64 yen)
<6702> Fujitsu $20.95 3033 yen (¥103.5)
<6723> Renesas $7.5 2171 yen (¥50)
<6758> Sony $98.65 14281 yen (¥41)
<6857> Advantest $49.6 7180 yen (¥280)
<6902> Denso $15.41 2231 yen (¥23)
<6954> Fanuc $14.83 4294 yen (¥68)
<6981> Murata Manufacturing $10.17 2944 yen (¥30.5)
<7182> Japan Post Bank $8.15 1180 yen (¥-173)
<7203> Toyota Motor $189.36 2741 yen (¥14.5)
<7267> Honda Motor $33.57 1620 yen (¥5)
<7741> HOYA $142.56 20637 yen (¥307)
<7751> Canon $34.01 4923 yen (¥28)
<7974> Nintendo $13.89 8043 yen (¥47)
<8001> Itochu $111.3 8056 yen (¥79)
<8002> Marubeni $170.44 2467 yen (¥38.5)
<8031> Mitsui & Co. $454.15 3287 yen (¥48)
<8035> tokyo elect 93 dollars 26,925 yen (1,165 yen)
<8053> sumitomo trading 23.35 dollars 3,380 yen (36 yen)
<8058> mitsubishi corp 21.43 dollars 3,102 yen (43 yen)
<8306> mitsubishi ufjfg 10.41 dollars 1,507 yen (25.5 yen)
<8316> mitsui sumitomo fg 12.9 dollars 9,337 yen (163 yen)
<8411> mizuho fg 4.14 dollars 2,997 yen (102.5 yen)
<8591> orix 121.78 dollars 3,526 yen (38 yen)
<8725> ms&ad incshd 23.82 dollars 3,448 yen (42 yen)
<8766> Tokio Marine Holdings, Inc. $37.86 5481 yen (+106 yen)
<8801> Mitsui Fudosan Co., Ltd. $29.8 1438 yen (+21.5 yen)
<9432> Nippon Telegraph and Telephone Corporation $26.07 151 yen (-0.3 yen)
<9433> KDDI Corporation $16.74 4847 yen (+19 yen)
<9983> Fast Retailing Co., Ltd. $33.52 48524 yen (+624 yen)
<9984> SoftBank Group Corp. $31.3 9062 yen (+170 yen)