ADR (American Depositary Receipt) Japanese stocks, compared to the Tokyo Stock Exchange (converted at 1 dollar to 149.13 yen), Japan Post <6178>, Mizuho FG <8411>, Sumitomo Mitsui FG <8316>, Mitsubishi UFJ FG <8306>, Fujitsu <6702>, Tokio Marine Holdings <8766>, Mitsubishi Electric <6503>, etc., are rising, with general buying dominance. The settlement price of Chicago Nikkei 225 futures is 245 yen higher than Osaka daytime at 39,855 yen.

The U.S. stock market rebounded. The Dow Jones Industrial Average closed up 409.74 points at 42,863.86, and the Nasdaq ended trading at 18,342.94, up 60.89 points. Encouraged by good bank earnings, the market opened higher. The Producer Price Index (PPI) did not significantly alter the trajectory of interest rate cuts for the year, and a drop in interest rates in advance also supported the market. Expectations for major corporate earnings also acted as a buying factor, leading the market to rise further towards the end. The Dow hit a record high and closed at an all-time high.

In the New York foreign exchange market on the 11th, the dollar-yen weakened to 148.88 yen, then rose temporarily to 149.28 yen, and closed at 149.16 yen. Following the results of the U.S. September Producer Price Index (PPI proving a slowdown in inflation, the dollar moved weakly. At the same time, a faster-than-expected acceleration in the core compared to the previous year, along with a surprisingly lower U.S. October preliminary Michigan Consumer Sentiment Index, led to increased dollar buying due to rising interest rates, as the unexpected rise in the one-year expected inflation rate signals the continuation of inflation risks. Risk-seeking led to a stronger sell-off of yen. The euro to dollar rate fell to 1.0926 dollars before rising to 1.0952 dollars, closing at 1.0937 dollars.

On the 11th, NY crude oil futures for November weakened (NYMEX crude oil November futures settlement price: 75.56, down 0.29).

Top ADR gainers (10th)

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 dollars 2249 yen (222 yen) +10.95%

<8830> Sumitomo Realty & Development 17 dollars 5070 yen (388 yen) +8.29%

<2801> Kikkoman $24.1 1797 yen (122 yen) +7.28%

<6178> Japan Post $10 1491 yen (97 yen) +6.96%

<5020> ENEOS $11.81 881 yen (38.8 yen) +4.61%

Top ADR losers (10th)

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

<8750> Dai-ichi Life HD $23.6 3519 yen (-390 yen) -9.98%

<7182> Japan Post Bank $8.6 1283 yen (-78.5 yen) -5.77%

<8601> Nomura Holdings Inc. $6.86 1023 yen (-30.5 yen) -2.9%

Nomura Research Institute is at $34.39 and ¥5129 (-$75) -1.44%.

Aisin Seiki is at $10.33 and ¥1541 (-$21) -1.34%.

Other ADR issues (10th)

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

Japan Tobacco Inc is at $14.5 and ¥4325 (+5).

Seven & i Holdings Co is at $15.35 and ¥2289 (-$3).

Shin-Etsu Chemical Co is at $20.59 and ¥6141 (+15).

Takeda Pharmaceuticals SP ADR is at $14.3 and ¥4265 (+5).

<4519> Nichi-iko Pharma $24.12 7194 yen (+89 yen)

<4543> Terumo $19.91 2969 yen (+18.5 yen)

<4568> Daiichisankyo $33.57 5006 yen (+24 yen)

<4661> Orient Land $24.15 3601 yen (-8 yen)

<4901> Fujifilm $12.7 3788 yen (+8 yen)

<5108> Bridgestone $19.1 5697 yen (+53 yen)

<6098> Recruit Holdings $13.02 9712 yen (+47 yen)

<6146> Disco $25.4 37879 yen (+319 yen)

<6178> Japan Post $10 1491 yen (+97 yen)

<6201> Toyota Industries $76.5 11408 yen (+113 yen)

<6273> SMC $22.08 65856 yen (+726 yen)

<6301> Komatsu $27.61 4117 yen (+31 yen)

<6367> Daikin Industries, Ltd. $13.08 19506 yen (+76 yen)

<6501> Hitachi Ltd Sponsored ADR $53.19 3966 yen (+24 yen)

<6503> Mitsubishi Electric Corp. Unsponsored ADR $32.54 2426 yen (+32 yen)

<6594> Nidec $4.99 2977 yen (+6.5 yen)

<6702> Fujitsu $21.3 3176 yen (+50 yen)

<6723> Renesas $7.1 2118 yen (+17 yen)

<6758> Sony $18.98 2830 yen (+15 yen)

<6857> Advantest $52.6 7844 yen (+46 yen)

<6902> Denso $14.39 2146 yen (+15.5 yen)

<6954> Fanuc $13.72 4092 yen (+13 yen)

<6981> Murata Manufacturing $9.57 2854 yen (+1 yen)

<7182> Japan Post Bank $8.6 1283 yen (-78.5 yen)

<7203> Toyota Motor $174.06 2596 yen (+34 yen)

<7267> Honda Motor Co., Ltd. $31.69 1575 yen (+17 yen)

<7741> HOYA $143.92 21463 yen (+183 yen)

<7751> Canon Inc-Spons ADR $33.99 5069 yen (+29 yen)

<7974> Nintendo Co Ltd $13.24 7898 yen (+20 yen)

<8001> Itochu Corporation $104.56 7797 yen (+65 yen)

<8002> Marubeni Corp $164.62 2455 yen (+22.5 yen)

<8031> Mitsui & Co., Ltd. $441.62 3293 yen (+34 yen)

Tokyo Electric Corp. is at $86.79 or 25,886 yen (+266 yen).

Sumitomo Corporation is at $22.51 or 3,357 yen (+39 yen).

Mitsubishi Corporation is at $20.1 or 2,998 yen (+36.5 yen).

Mitsubishi UFJ Financial Group is at $10.66 or 1,590 yen (+38 yen).

Mitsui Sumitomo Financial Group is at $13.11 or 3,258 yen (+91 yen).

Mizuho Financial Group is at $4.26 or 3,176 yen (+128 yen).

Orix is at $112.17 or 3,346 yen (+31 yen).

MS&AD Insurance Holdings is at $23.6 or 3,519 yen (+25 yen).

<8766> Tokio Marine Holdings, Inc. 37.84 dollars 5643 yen (+85 yen)

<8801> Mitsui Fudosan Co., Ltd. 27.4 dollars 1362 yen (+6 yen)

<9432> Nippon Telegraph & Telephone Corp 24.81 dollars 148 yen (+0 yen)

<9433> KDDI Corporation 15.74 dollars 4695 yen (-20 yen)

<9983> Fast Retailing Co Ltd 36.54 dollars 54492 yen (+2 yen)

<9984> SoftBank Group Corp 30.27 dollars 9028 yen (+74 yen)