Japanese ADR (American Depositary Securities) stocks rose in comparison with the Tokyo Stock Exchange (converted to 1 dollar 153.74 yen), Recruit HD ＜6098＞, Japan Post ＜6178＞, Renesas ＜6723＞, Mizuho Financial Group ＜8411＞, First LITE ＜9983＞, Tokio Marine HD ＜8766＞, Sumitomo Mitsui FG ＜8316＞, etc. rose, and general buying dominance became dominant. The Chicago Nikkei 225 futures settlement value is 39,635 yen, 85 yen higher than the Osaka intraday.

The US stock market continues to grow. The Dow average closed at 44,293.13 dollars, which rose 304.14 dollars, and the Nasdaq closed at 19,298.76, which was 11.99 points higher. Purchases expecting deregulation and growth priority measures by the next Trump administration continued, and after being close, they rose. After that, while the bond market was closed due to material difficulties due to the Veterans Day holiday, small-cap stocks were bought due to rotation, high technology was sold, and the NASDAQ temporarily fell. The Dow remained strong throughout the day, breaking record highs every day, supporting the overall market price, and the NASDAQ also recovered to the positive zone and ended.

The dollar and yen rose to 153 yen 95 yen in the New York foreign exchange market on the 11th, then fell to 153 yen 65 yen, and closed at 153 yen 65 yen. The bond market was closed on Veterans Day, and there were no announcements of major economic indicators, and dollar purchases continued in response to the optimistic view that growth support measures by the next US Trump administration would boost the economy. The euro dollar fell from 1.0657 dollars to 1.0629 dollars and closed at 1.0655 dollars. Euro sales became dominant in the view that tariff measures by the next US administration of Trump would suppress the growth of the European economy and lead to aggressive interest rate cuts by the European Central Bank (ECB).

NY crude oil futures continued to decline for the 12-month period (NYMEX crude oil closing price for the 12-month period: 68.04 ↓ 2.34).

■Stocks with the highest ADR growth rate (11th)

Stock code stock name closing price (dollar) Japanese yen conversion price Japanese closing price ratio gain/fall rate

＜8830＞ Sumitomo Real Estate 17 dollars 5227 yen (362 yen) +7.44%

＜6098＞ Recruit HD 13.65 dollars 10493 yen (557 yen) +5.61%

＜9107＞ Kawasaki Kisen 14.7 dollars 2260 yen (100 yen) +4.63%

＜6178＞ Japan Post 10.06 dollars 1547 yen (59.5 yen) +4%

＜7532＞ Pampasi HD 24.85 dollars 3820 yen (102 yen) +2.74%

■Stocks with lower ADR depreciation rate (11th)

Stock code stock name closing price (dollar) Japanese yen conversion price Japanese closing price ratio gain/fall rate

＜7182＞ Japan Post Bank 8.55 dollars 1314 yen (-117 yen) -8.18%

＜8750＞ Dai-ichi Life HD 25.2 dollars 3874 yen (-324 yen) -7.72%

＜7259＞ Aisin Seiki 9.67 dollars 1487 yen (-121 yen) -7.52%

＜6752＞ Panasonic 8.79 dollars 1351 yen (-73.5 yen) -5.16%

＜8601＞ Daiwa Securities G Headquarters 6.54 dollars 1005 yen (-41 yen) -3.92%

■Other ADR stocks (11th)

Stock Code Stock Name Closing Price (Dollar) Japanese Yen Conversion Price Japanese Closing Price Ratio

＜2914＞ Nippon Tobacco Industry 13.71 dollars 4216 yen (13 yen)

＜3382＞ Seven & I HD 14.37 dollars 2210 yen (-1 yen)

＜4063＞ Shin-Etsu Chemical 18.79 dollars 5778 yen (-10 yen)

＜4502＞ Takeda Pharmaceutical 13.65 dollars 4197 yen (5 yen)

＜4519＞ Chugai Pharmaceutical 24.05 dollars 7395 yen (-30 yen)

＜4543＞ Terumo 20.56 dollars 3161 yen (1 yen)

＜4568＞ Daiichi Sankyo 32.1 dollars 4935 yen (29 yen)

＜4661＞ ORIENLAND 25.5 dollars 3920 yen (16 yen)

＜4901＞ Fujifilm $11.27 3465 yen (-9 yen)

＜5108＞ Bridgestone 17.7 dollars 5442 yen (-7 yen)

＜6098＞ Recruit HD 13.65 dollars 10493 yen (557 yen)

＜6146＞ Disco, 29 dollars, 44585 yen (-115 yen)

＜6178＞ Japan Post 10.06 dollars 1547 yen (59.5 yen)

＜6201＞ Toyota Industries 71.61 dollars 11009 yen (29 yen)

＜6273＞ SMC 21.87 dollars 67246 yen (416 yen)

＜6301＞ Komatsu Seisakusho 27.38 dollars 4209 yen (5 yen)

＜6367＞ Daikin Industries 12.33 dollars 18956 yen (-44 yen)

＜6501＞ Hitachi, Ltd. $53.21, 4090 yen (-5 yen)

＜6503＞ Mitsubishi Electric 35.75 dollars 2748 yen (26.5 yen)

＜6594＞ Nidec 4.78 dollars 2940 yen (30 yen)

＜6702＞ Fujitsu 18.54 dollars 2850 yen (3.5 yen)

＜6723＞ Renesas 6.64 dollars 2042 yen (49 yen)

＜6758＞ Sony 19.12 dollars 2940 yen (-35 yen)

＜6857＞ Advantest 63.3 dollars 9732 yen (-92 yen)

＜6902＞ Denso 15.23 dollars 2341 yen (16 yen)

＜6954＞ FANUC $13.77 4234 yen (4 yen)

＜6981＞ Murata Manufacturing 8.7 dollars 2675 yen (-16.5 yen)

＜7182＞ Japan Post Bank 8.55 dollars 1314 yen (-117 yen)

＜7203＞ Toyota Motor Corporation 174.1 dollars 2677 yen (23.5 yen)

＜7267＞ Honda Motor $26.97 1382 yen (2.5 yen)

＜7741＞ HOYA 136.37 dollars 20966 yen (81 yen)

＜7751＞ Canon 32.96 dollars 5067 yen (23 yen)

＜7974＞ Nintendo 13.43 dollars 8259 yen (9 yen)

＜8001＞ ITOCHU Corporation 103.43 dollars 7951 yen (28 yen)

＜8002＞ Marubeni 162.06 dollars 2492 yen (23.5 yen)

＜8031＞ Mitsui & Co., Ltd. 421.8 dollars 3242 yen (19 yen)

＜8035＞ Tokyo Electric $74.02 22760 yen (-500 yen)

＜8053＞ Sumitomo Corporation 21.61 dollars 3322 yen (32 yen)

＜8058＞ Mitsubishi Corporation 17.78 dollars 2733 yen (11.5 yen)

＜8306＞ Mitsubishi UFJFG 11.6 dollars 1783 yen (20 yen)

＜8316＞ Sumitomo Mitsui Financial Group 14.02 dollars 3592 yen (45 yen)

＜8411＞ Mizuho Financial Services 4.54 dollars 3490 yen (69 yen)

＜8591＞ ORIX $110.94 3411 yen (9 yen)

＜8725＞ MS&AD Inci HD 23.74 dollars 3650 yen (19 yen)

＜8766＞ Tokio Marine HD 39.29 dollars 6040 yen (77 yen)

＜8801＞ Mitsui Fudosan 25.7 dollars 1,317 yen (-0.5 yen)

＜9432＞ NTT 24.62 dollars 151 yen (-0.2 yen)

＜9433＞ KDDI 15.93 dollars 4898 yen (0 yen)

＜9983＞ Fast Lite 32.8 dollars 50427 yen (947 yen)

＜9984＞ SoftBank G 30.5 dollars 9378 yen (-135 yen)