Summary of the Tokyo Stock Exchange Growth Market 250 Index Futures: trading is mixed with little movement.

Fisco Japan · Oct 31 03:10

On October 31, the TOPIX Growth Market 250 Index Futures closed at 613 points, down 2 points from the previous trading day. The high was 620 points, the low was 608 points, and the intraday trading volume was 2640 contracts. The previous day on October 30, the Dow Jones Industrial Average in the US continued to decline. The private sector employment statistics exceeded expectations, and the domestic GDP for the July-September quarter also showed a slower but still robust growth from the previous quarter, leading to an expectation of a soft landing and an increase in the market. However, concerns were raised about the rise in long-term interest rates, and weakness in the semiconductor sector suppressed gains, leading to a slowdown and ending in a drop towards the close of the session. Today, the TOPIX Growth Market 250 Index Futures started at 614 points, down 1 point from the previous trading day. Expectations of a rebound and short-term overheating intersected, resulting in a quiet trading session around the previous day's closing price. As the market approached the 25-day moving average line, seen as a resistance level, selling pressure increased. On the other hand, with expectations of the Liberal Democratic Party incorporating policies of the Democratic Party for the People, buying interest was stimulated. The Bank of Japan keeping the policy interest rate around 0.25% was perceived as 'neutral,' maintaining the status quo. With many economic indicators related to employment and consumption scheduled to be released in Europe and the US, a cautious stance was also evident. Trading closed at 613 points, down for the fourth consecutive day. In the leading stocks of the TOPIX Growth Market, Astroscale HD <186A> and Taimi <215A> experienced declines.

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東証グロース市場250指数先物概況：売り買い交錯し小動き

Summary of the Tokyo Stock Exchange Growth Market 250 Index Futures: trading is mixed with little movement.

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