I would like to pay attention to the following 3 points in the late-day transaction on the 6th.

・The Nikkei Average continued to rise drastically, leading to speculation ahead of schedule due to Trump's dominance

・The dollar and yen are drastically high, buying dollars in the face of the US presidential election

・Advantest ＜6857＞ is the top contributor to price increases, and Fast Rite ＜9983＞ is in the same 2nd place

■The Nikkei Average continues to rise drastically, leading to speculation ahead of schedule due to Trump's dominance

The Nikkei Average continued to rise drastically. The forward transaction was closed at 39341.44 yen (estimated volume 1 billion 40 million shares), which was 866.54 yen higher (+ 2.25%) compared to the previous day.

The US market rose on the 5th. The Dow average rose by 427.28 dollars to 42221.88, and the Nasdaq closed at 18439.17, which was 259.19 points higher. It was bought by the expectation that uncertainty would be dispelled by passing the presidential election, and after getting close, it rose. Due to an unexpected improvement in the October ISM Non-Manufacturing Business Index, purchases in response to expectations for a soft landing also strengthened and rebounded. The market price remained in the high price range throughout the day and ended.

In response to strong US stocks, the Tokyo market began trading with a buying advantage. The Nikkei Average, which started in the 38600 yen range, gradually expanded in response to the depreciation of the yen exchange rate, and continued to rise even after breaking through the 39,000 yen level. Since former President Trump has been steadily winning electors in the US presidential election, Trump trade is being taken into consideration, and the Nikkei Average is cutting the high price in the front field. Prime market trading prices have also risen to 2.2 trillion yen.

In stocks adopted by the Nikkei Average, defense-related sectors such as Mitsubishi Heavy ＜7011＞, IHI ＜7013＞, Japan Steel Works ＜5631＞, and Kawasaki Shigeru ＜7012＞ have expanded their gains due to Trump trade, and Advantest ＜6857＞ is also moving strongly. Bank stocks such as Resona HD ＜8308＞, Sumitomo Mitsui ＜8316＞, Mizuho ＜8411＞, Mitsubishi UFJ ＜8306＞, and Chiba Bank ＜8331＞ were also bought as stimulus material. In addition, Fujikura ＜5803＞, TDK ＜6762＞, FANUC ＜6954＞, Furukawa Electric ＜5801＞, etc. rose.

Meanwhile, Mercari (4385) plummeted due to disgust with the details of financial results and the slowdown in growth rates, etc., and Konica Minolta (4902), which was revised downward to a full-year operating deficit due to structural reforms, etc., was also sold. Other than this, there isn't even Keyence ＜6861＞, Nitori HD ＜9843＞, Murata Seisakusho ＜6981＞, Pana HD ＜6752＞, etc.

While all industries rose, increases in banks, other products, machinery, insurance, and real estate were conspicuous.

The backstage will continue to unfold with a sideline look at vote-counting bulletins for the US presidential election. There are movements that include Trump's victory in both the exchange and interest rate markets, so I would like to expect the Nikkei Average to rise one step higher in the latter half.

The stocks announced financial results during trading hours are as follows: Alconix ＜3036＞, Taiyo HD ＜4626＞, NYK Line ＜9101＞ at 12:00, NISSUI ＜1332＞, Nippon Road ＜1884＞, Nippon Denko ＜5563＞, Hokuetsu ＜6364＞, Topy ＜7231＞, Honda ＜7267＞, Yamaha ＜7272＞, Toyota's ＜7203＞, ITOCHU ＜8001＞, 14:00 409>, Bunka Shutter < 5930＞, Fuji Sash ＜5940＞, Ho Chi Minh ＜6745＞, SKYPER J ＜9412＞, Glico ＜2206＞, DeNA ＜2432＞, Kikkoman ＜2801＞, Tokai Carbon ＜5301＞, Daikin ＜6367＞, MinebeaMitsumi ＜6479＞, Omron ＜6645＞, GS Yuasa ＜6674＞, Tobu ＜9001＞, Keio ＜9008＞, Fujikyu ＜9010＞, JR Kyushu ＜942＞, etc. It's been done.

■The dollar and yen are drastically high, buying dollars in the face of the US presidential election

The dollar and yen rose drastically in the Tokyo market on the morning of the 6th, and the price was rounded up from 151 yen 29 yen to 153 yen 97 yen. As vote-counting work for the US presidential election progressed, the dominance of former President Trump, the Republican candidate, was conveyed, and dollar buying dominance became dominant. Major currencies, starting with the euro, fell sharply against the dollar.

The trading range up to this point is from 151 yen 29 yen to 153 yen 97 sen for the dollar and yen, 165 yen 24 yen to 165 yen 98 sen for the euro and yen, and 1.0764 to 1.0937 dollars for the euro dollar.

■Backstage check stocks

・5 stocks, such as Vector Holdings ＜2656＞ and SAPEET ＜269A＞, etc., are stop-high

*Includes temporary stop height (sign value)

・Advantest ＜6857＞ is the top contributor to price increases, and Fast Rite ＜9983＞ is in the same 2nd place

■Economic indicators and statements from key figures

[Economic indicators]

・NZ・July-9 unemployment rate: 4.8% (forecast: 5.0%, April-6 year: 4.6%)

・NZ/7/9 employee increase or decrease: -0.5% compared to the previous fiscal year (forecast: -0.4%, April-6 fiscal year: +0.2% ← +0.4%)

[Remarks by VIPs]

・Bank of Japan Monetary Policy Meeting Minutes (9/19/20)

“It is appropriate to make further adjustments at a stage where uncertainty has decreased” (1 member)

“A phase of patience where the accommodative financial environment continues tenaciously” (same as above)

“Additional changes reminiscent of full-scale tightening are not desirable” (one committee member)

＜Domestic＞

・Nothing in particular

＜Overseas＞

・ 16:00 Germany/September manufacturing orders (month-on-month forecast: +1.5%, August: -5.8%)

・US Federal Open Market Committee (FOMC, until 7th)