Overview of TOPIX Growth Market 250 index futures: Continued gains driven by favorable yen depreciation.

Fisco Japan · Nov 11, 2024 00:30

On November 11, the TOPIX Growth Market 250 Index Futures closed 5 points higher than the previous trading day at 621 points. The high was 624 points, the low was 614 points, and the trading volume during the day was 2,097 contracts. The Dow Jones Industrial Average in the U.S. continued to rise at the end of last week. Expectations for Trump's pro-growth policy as the incoming president strengthened buying sentiment further, leading to an uptrend after the opening. Additionally, when the Michigan Consumer Sentiment Index exceeded financial estimates, the market continued to rise on growth expectations. The decline in long-term interest rates also provided support, pushing the market to record high levels. Today, the TOPIX Growth Market 250 Index Futures started at 615 points, down 1 point from the previous trading day. Concerns over Trump's incoming administration raising tariffs lingered, keeping trading around the previous closing level in the morning. Subsequently, as the market gradually expanded its gains and crossed the 75-day moving average line, short-term fund buying accelerated. In the foreign exchange market, observations of dollar buying and yen selling by domestic import companies led to a strengthening of the yen depreciation trend, contributing to a sense of security in the growth market. The U.S. market closed at 621 points, with a slight decrease in activity due to Veterans Day, but still ended higher. Key stocks in the TOPIX Growth Market, including Trial <141A> and Astroscale HD <186A>, experienced increases.

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東証グロース市場250指数先物概況：円安を好感し続伸

Overview of TOPIX Growth Market 250 index futures: Continued gains driven by favorable yen depreciation.

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