Japanese ADRs, such as Japan Post Bank <7182>, Murata Manufacturing <6981>, Sony <6758>, Marubeni <8002>, MS&AD Insurance Group Holdings <8725>, Mitsubishi Corp <8058>, Denso <6902>, etc., fell in comparison to the Tokyo Stock Exchange (at an exchange rate of 1 dollar to 148.15 yen), with general selling pressure. The Chicago Nikkei 225 futures settled at 38,915 yen, down 455 yen from Osaka's daytime trading.

The U.S. stock market declined. The Dow Jones fell by 398.51 points to 41,954.24 points, while the Nasdaq ended trading down 213.95 points at 17,923.90. Concerns heightened over the escalation of attacks by Hamas, as Israel's Prime Minister marked the first year of the attacks and declared their continuation. This led to increased caution in the Middle East situation and a decline in the market after the opening. The Nasdaq also faced selling pressure due to rising long-term interest rates, resulting in a sluggish market throughout the day. Concerns grew over a newly intensified hurricane, which could lead to economic disruptions, causing a further decline towards the end of trading.

In the New York foreign exchange market on the 7th, the dollar-yen rate fluctuated slightly from 148.27 yen to 147.86 yen before closing at 148.17 yen. Amid rising geopolitical risks, there was a prevalent tendency for yen buying as investors sought risk aversion. Additionally, profit-taking dollar selling ahead of the release of important inflation indicators in the U.S. and caution towards the potential economic impact of the expanding hurricane led to a predominance of dollar selling. The euro-dollar rose to 1.0987 before falling to 1.0970 and closing at 1.0972. Selling pressure on the euro eased following hawkish comments from Holzmann, the President of the Austrian Central Bank, indicating that inflation control was still far off. However, concerns over the decline in manufacturing orders in Germany limited upside for euro selling.

NY crude oil futures for November continued to rise significantly (NYMEX crude oil November futures closing price: 77.14, up 2.76).

■ Top ADR performers (7th)

Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate

<9107> Kawasaki Kisen Kaisha $15.08 2234 yen (up 183.5 yen) +8.95%

<5020> ENEOS $12.15 900 yen (up 61.1 yen) +7.28%

<2801> Kikkoman $24.1 1785 yen (+91 yen) +5.37%

<6178> Japan Post $10 1482 yen (+66 yen) +4.66%

<8830> Sumitomo Realty $17 5037 yen (+166 yen) +3.41%

■ADR Bottom Performing Stocks (7 days)

Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate

<7182> Japan Post Bank $8.35 1237 yen (-164 yen) -11.71%

<8750> Dai-ichi Life HD $24.2 3585 yen (-388 yen) -9.77%

<5802> Sumitomo Electric Industries $15.84 2347 yen (-77 yen) -3.18%

<7270> SUBARU $8.7 2578 yen (-51.5 yen) -1.96%

<6981> Murata Manufacturing $9.45 2800 yen (-51 yen) -1.79%

■ Other ADR Stocks (7 days)

Code name closing price (dollar) Japanese yen conversion price Japan closing price comparison

<2914> japan tobacco inc $14.52 4302 yen (-31 yen)

<3382> Seven & I Holdings $14.95 2214 yen (-8 yen)

<4063> Shin-Etsu Chemical $20.52 6080 yen (-62 yen)

<4502> takeda pharmaceuticals sp adr $14.33 4246 yen (-22 yen)

<4519> Chugai Pharmaceutical $23.14 6856 yen (-$52)

<4543> Terumo $19.25 2852 yen (+8.5 yen)

<4568> Daiichi Sankyo $32.88 4871 yen (-$26)

<4661> Oriental Land $25.32 3751 yen (-$35)

<4901> Fujifilm $12.62 3739 yen (-$31)

<5108> Bridgestone $19.09 5656 yen (-$61)

<6098> Recruit Holdings $12.56 9300 yen (-$139)

<6146> Disco $25.1 37186 yen (-$34)

<6178> Japan Post $10 1482 yen (+66 yen)

<6201> Toyota Industries $78.72 11663 yen (-17 yen)

<6273> SMC $22.43 66460 yen (-350 yen)

<6301> Komatsu $28.1 4163 yen (-13 yen)

<6367> Daikin Industries $13.69 20282 yen (-118 yen)

<6501> Hitachi Ltd $52.21 3867 yen (-37 yen)

<6503> Mitsubishi Electric Corp $32.82 2431 yen (-30 yen)

<6594> Nidec Corp $10.35 3067 yen (-31 yen)

<6702> Fujitsu $20.27 3003 yen (-22 yen)

<6723> Renesas $7.31 2166 yen (-3.5 yen)

<6758> Sony $95.66 2834 yen (-46.5 yen)

<6857> Advantest $48.5 7185 yen (-6 yen)

<6902> Denso $14.49 2147 yen (-33 yen)

<6954> Fanuc $14.23 4216 yen (-49 yen)

<6981> Murata Manufacturing $9.45 2800 yen (-51 yen)

<7182> Japan Post Bank $8.35 1237 yen (-164 yen)

＜7203＞ toyota motor 177.32 dollars 2627 yen (-18.5 yen)

＜7267＞ honda motor 32.07 dollars 1584 yen (-18 yen)

＜7741＞ HOYA 139.35 dollars 20645 yen (-50 yen)

＜7751＞ canon inc-spons adr 32.77 dollars 4855 yen (-46 yen)

＜7974＞ nintendo co ltd 13.58 dollars 8048 yen (-39 yen)

＜8001＞ itochu corporation 106.89 dollars 7918 yen (-73 yen)

＜8002＞ marubeni corp 167.32 dollars 2479 yen (-40 yen)

＜8031＞ mitsui & co., ltd. unsponsored adr 459.71 dollars 3405 yen (-37 yen)

<8035> Tokyo Electron $86.37 25591 yen (-$59)

<8053> Sumitomo Corporation $22.91 3394 yen (-$30)

<8058> Mitsubishi Corporation $20.51 3039 yen (-$47)

<8306> Mitsubishi UFJ Financial Group $10.37 1536 yen (+$5)

<8316> Sumitomo Mitsui Financial Group $12.98 3205 yen (-$2)

<8411> Mizuho Financial Group $4.27 3163 yen (+$48)

<8591> Orix $114.34 3388 yen (-$12)

<8725> MS&AD Insurance Group Holdings $23.4 3467 yen (-$55)

Tokio Marine Holdings, Inc. $38.95 5770 yen (-27 yen)

Mitsui Fudosan Co.,Ltd $28.1 1388 yen (-17 yen)

NTT Inc. $25.05 148 yen (-1.6 yen)

KDDI Corporation $15.88 4705 yen (-35 yen)

Fast Retailing Co., Ltd. $33.6 49778 yen (-672 yen)

SoftBank Group Corp $29.2 8652 yen (-93 yen)