On October 7, the TOPIX Growth Market 250 Index futures closed at 637 points, up 5 points from the previous trading day. The high was 643 points, the low was 629 points, and the intraday trading volume was 5602 contracts. The Dow Jones in the US market rebounded from the weekend, influenced by the end of the East Coast port labor union strike and strong September employment statistics, leading to buying sentiment. The market opened higher and continued to rise throughout the day due to significantly improved economic outlook. The rise in semiconductor companies such as Nvidia (NVDA) driven by increased demand for artificial intelligence (AI) related products boosted the Nasdaq. Towards the end of the session, the market widened its gains, with the Dow hitting record highs. The TOPIX Growth Market 250 Index futures today started at 642 points, 10 points higher than the previous trading day, following the uptrend in US stocks. Despite a strong start in the morning, the market narrowed its gains quickly, struggling to keep up with the significant rise in the Nikkei Stock Average amid rising domestic long-term interest rates. While the 75-day moving average provided strong support, approaching the 25-day moving average saw increased selling pressure, as short-term funds were cautious of the heavy resistance levels. As the market closed, trading remained lackluster, with minor gains closing at 637 points. Key stocks on the TOPIX Growth Market like GENDA <9166> and GNI <2160> saw increases.
東証グロース市場250指数先物概況:反発も上値の重い展開が継続
Summary of TOPIX Growth Market 250 Index Futures: Rebound continues but heavy resistance persists on the upside.
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