[Nikkei Stock Average TOPIX (table)]
Nikkei Average; 39783.45; +402.04
TOPIX; 2759.80; +16.72
[Snuggle Overview]
The Nikkei Average on the 8th rebounded to 39783.45 yen, which rose 402.04 yen, and trading began. The US stock market the day before, on the 7th, was mixed. The Dow average fell 0.59 dollars to 43729.34 dollars, and the NASDAQ closed at 19269.46, which was 285.99 points higher. Purchases that favored Mr. Trump's victory in the presidential election continued, and they were bought in anticipation of interest rate cuts at the Federal Open Market Committee (FOMC), and then rose after being snuggled up. The Federal Reserve (Fed) decided to cut interest rates as predicted by the FOMC, and as long-term interest rates declined, the NASDAQ continued to grow and hit record highs every day. It boosted the overall market price, but the Dow was unable to maintain the positive zone, and the main indices ended in Takayasu.
Buying took precedence in the Tokyo stock market today. The Dow average fell slightly for the first time in 3 days in the US stock market yesterday, but the Nasdaq Composite Index, which has a high high-tech stock ratio, rose 1.51%, and the Philadelphia Semiconductor Stock Index (SOX Index), which consists of major semiconductor-related stocks, rose 2.27%, and became a stock price support factor for high-tech stocks and semiconductor-related stocks in the Tokyo market. Also, major domestic companies continued to announce financial results for the fiscal year ending April-9, and good financial results and the desire to search for high-performing stocks supported stock prices. Meanwhile, the fact that 1 dollar = 153 yen in the foreign exchange market swung about 90 yen and depreciation of about 90 yen compared to around 15:30 yesterday weighed on stock prices such as export stocks in the Tokyo market. Also, there was a tendency to continue to forego aggressive purchases in order to determine the policy of Mr. Trump, whose election was certain in the US presidential election, but buying prevailed during the donation stage. In addition, in the September household budget survey announced before the start of transactions, actual consumption expenditure for households with 2 or more people decreased 1.1% from the same month last year. The median market forecast compiled by QUICK was down 2.1% from the same period. Also, according to the status (weekly) of external and internal securities sales agreements, etc. announced before the start of trading, overseas investors overbought domestic stocks for 6 consecutive weeks from 10/27 to 11/2. The overpurchase amount was 139.4 billion yen. Today is the November Special Liquidation Index (SQ) calculation date for stock price index futures options.
By sector, the real estate industry, nonferrous metals, steel, information and communication industries, electrical equipment, etc. are rising at a high rate of price increase, and prices of pulp and paper, transportation equipment, and rubber products are falling. Recruit HD ＜6098＞, SoftBank G ＜9984＞, Furukawa Electric ＜5801＞, Fujikura ＜5803＞, Chugai Pharmaceutical ＜4519＞, NTT DATA ＜9613＞, Nippon Steel ＜5401＞, Kawasaki Shigeru ＜7012＞, Terumo ＜4543＞, Konami G ＜9766＞, NTT ＜9432＞, KEYENCE ＜6861＞, Nitori HD ＜9843＞, etc. Meanwhile, Shiseido ＜4911＞, Nissan ＜7201＞, Taiyo Yuden ＜6976＞, Suzuki ＜7269＞, Kao ＜4452＞, Toyota ＜7203＞, Honda ＜7267＞, Murata ＜6981＞, Komatsu ＜6301＞, Disco ＜6146＞, Mizuho ＜8411＞, Kyocera ＜6971＞, etc. have declined.
