At the closing time on the 1st, the number of stocks that rose in the Nikkei average constituent stocks was 178, down 41, and unchanged 6.

The U.S. stock market rose on September 30th. The Dow Jones Industrial Average closed at $42,330.15, up 17.15 points (+0.04%), while the Nasdaq rose 69.58 points (+0.38%) to 18,189.17, and the S&P 500 ended trading at 5,762.48, up 24.31 points (+0.42%). The unexpected improvement in the September Chicago Purchasing Managers' Index led to dominant buying sentiment. However, Chairman Powell of the Federal Reserve Board (FRB) hinted at a slight rate cut pace, causing a temporary shift to significant selling due to disappointment. Nasdaq was unnerved by the rise in long-term interest rates but Apple's gains provided support, helping the market recover to positive territory towards the end. Month-end, combined with optimistic views from the chairman amidst adjustments at the end of the quarter, fueled buying expectations for a soft landing, pushing the Dow higher and setting new record highs daily.

In response to the rise of US stocks, the Tokyo market started trading with a bias towards buying. The Nikkei average, which recovered from the 38,000 yen range from the opening due to the rebound from the significant decline the previous day, slowly expanded its gains. In the morning, the early rate hike speculation receded following the main opinions of the Bank of Japan's monetary policy decision-making meeting announced by the Bank of Japan, causing the yen to weaken and the dollar to strengthen temporarily to the 144 yen level, leading to a dominant buyback of large cap stocks. The Nikkei average also showed signs of a further rise in the afternoon session, maintaining a steady trend.

The Nikkei average at the closing was 38,651.97 yen, up 732.42 yen (+1.93%) from the previous day. TSE

The trading volume on the main board was 1.9 billion 62.58 million shares. The trading value was 4 trillion 184.3 billion yen. Among the global sectors, machinery, securities and commodity futures trading, wholesale trade, electric appliances, rubber products, etc. rose, while only the air transportation and land transportation sectors declined. The number of rising stocks in the TSE Prime market is 77%, while the number of declining stocks is 20%.

The top contributor to the rise was Fast Retailing <9983>, which pushed the Nikkei average up by about 114 yen with one stock. The second place was Tokyo Electron <8035>, followed by TDK <6762>, SoftBank Group <9984>, Advantest <6857>, Shin-Etsu Chemical <4063>, Recruit Holdings <6098>, and others.

On the other hand, the top contributor to the decline was Nitori Holdings <9843>, which pushed the Nikkei average down by about 5 yen with one stock. The second place was Trend <4704>, followed by Asahi <2502>, Kao <4452>, Nidec <6594>, Daikin Industries <6367>, Nichirei <2871>, and others.

* As of 15:00

Nikkei Stock Average 38651.97 (+732.42)

Number of gaining issues 178 (Contribution +760.34)

Number of declining issues 41 (Contribution -27.92)

Number of unchanged stocks: 6

○ Top advancing stocks

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

<9983> First Retail 48710 1290 114.53

<8035> Higashi Electric 26040 750 73.98

TDK with stock code 6762 was established in 1948 and currently has a market price of 125 yen with a P/E ratio of 61.41.

SoftBank Group with stock code 9984 has a market price of 8682 yen and a P/E ratio of 255.

Advantest with stock code 6857 has a market price of 6890 yen with a P/E ratio of 149.

Shin-Etsu Chemical with stock code 4063 has a market price of 6152 yen and a P/E ratio of 175.

Recruit Holdings with stock code 6098 has a market price of 8903 yen and a P/E ratio of 198.

KDDI with stock code 9433 has a market price of 4679 yen and a P/E ratio of 85.

Nitto Denko with stock code 6988 has a market price of 2489 yen and a P/E ratio of 101.

Chugai Pharmaceutical Co. with stock code 4519 has a market price of 7074 yen and a P/E ratio of 142.

DISCO 39360 1870 12.30

NTT DATA CORPORATION 2634 59 9.70

Sony Group Corp 2834 57 9.29

ITOCHU Corporation 7954 276 9.08

Toyota Motor 2596 54 8.80

Mitsui & Co., Ltd. 3291 113 7.43

Mitsubishi Corporation 3027 75 7.35

Tokio Marine Holdings, Inc. 5379 148 7.30

<4543> Terumo 2727 27 7.10

<6971> Kyocera 1687 27 7.10

Top decreasing stocks

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

<9843> Nitori HD 21485 -310 -5.10

<4704> Trend Micro 8364 -122 -4.01

<2502> Asahi GHD 1856 -23 -2.27

<4452> Kao 7050 -59 -1.94

Nidec Corporation sponsored ADR, 2970, -36.5, -1.92

Daikin Industries, Ltd. unsponsored ADR, 20030, -45, -1.48

Nichirei, 4404, -63, -1.04

Shiseido Company, Limited sponsored ADR, 3848, -27, -0.89

Dentsu Group, 4382, -25, -0.82

ZOZO, 5190, -24, -0.79

Fanuc Corp, 4186, -4, -0.66

Sapporo Holdings, Inc., 7810, -99, -0.65

<9022> JR Tokai 3279 -38 -0.62

<4307> Nomura Research Institute 5283 -17 -0.56

<2802> Ajinomoto 5532 -14 -0.46

<3407> Asahi Kasei 1069 -13.5 -0.44

<4385> Mercari 2494 -13 -0.43

<9201> Japan Airlines 2505 -13 -0.43

<6504> Fuji Electric 8561 -59 -0.39

<9005> Tokyu 1833 -20.5 -0.34