Japanese stocks of American Depositary Receipts (ADR) such as Chiyoda Bank <7182>, Tokyo Electric <8035>, Nippon Electronics <6594>, Advantest <6857>, Disco <6146>, Renesas <6723>, SoftBank Group <9984>, etc., declined compared to the Tokyo Stock Exchange (converted at 1 dollar to 154.32 yen), leading to a general selling trend. The Chicago Nikkei 225 futures settlement price was 655 yen lower than Osaka's daytime comparison, closing at 38,015 yen.
The U.S. stock market continued to decline. The Dow Jones Industrial Average closed at 43,444.99, down 305.87 points, while the Nasdaq ended trading at 18,680.12, down 427.53 points. Selling pressure continued following hawkish comments from Federal Reserve Chair Powell, leading to a decline after the opening. Buying sentiment, fueled by expectations of eased regulations under the upcoming Trump administration to support corporate performance, took a breather. Additionally, market sentiment turned bearish as expectations for a rate cut in December eased following remarks from Federal Reserve official, resulting in a continuous decline throughout the day.
In the New York foreign exchange market on the 15th, the dollar-yen rate initially strengthened to 155.77 yen before falling to 153.86 yen and closing at 154.45 yen. The dollar gained strength as October retail revenues exceeded expectations and Boston Fed President Collins indicated that a rate cut in December was not imminent. However, views that the rate cut path remains unchanged caused a pause in dollar buying momentum. The retreating Trump trade dampened risk appetite for the yen, while yen buying gained strength on speculation of additional rate hikes by the Bank of Japan. The Euro to Dollar rate rose to 1.0593 dollars before falling to 1.0516 dollars and closing at 1.0533 dollars.
On the 15th, NY crude oil futures for December fell (NYMEX crude oil December futures closing price: $67.02, down $1.68).
Top ADR gainers (15th)
Stock Code Symbol Name Closing Price (USD) Japanese Yen Conversion Price Japan Closing Price Comparison Rise and Fall Rate
Sumitomo Realty <8830> at $17, 5247 yen (up 673 yen), up 14.71%.
Kawasaki Kisen <9107> at $14.7, 2269 yen (up 161 yen), up 7.64%.
<6178> Japan Post $10.1 1559 yen (+77 yen) +5.2%
<2801> Kikkoman $22.8 1759 yen (+28 yen) +1.62%
<8267> AEON $24.6 3796 yen (+46 yen) +1.23%
Top ADR losers (15th)
Stock Code Symbol Name Closing Price (USD) Japanese Yen Conversion Price Japan Closing Price Comparison Rise and Fall Rate
<7182> Japan Post Bank $8.8 1358 yen (-122.5 yen) -8.27%
<8750> Dai-ichi Life Holdings $24 3704 yen (-299 yen) -7.47%
<5020> ENEOS $9.55 737 yen (-55.2 yen) -6.97%
<7259> Aisin Seiki $9.90 1528 yen (-$100.50) -6.17%
<8035> Tokyo Electric $69.26 21,376 yen (-$924) -4.14%
Other ADR stocks (15th)
Code name closing price (dollar) Japanese yen conversion price Japan closing price comparison
<2914> Japan Tobacco Inc $13.40 4,135 yen (-$52)
<3382> Seven & i Holdings Co $15.62 2,410 yen (-$35.50)
<4063> Shin-Etsu Chemical Co $18.02 5,562 yen (-$125)
<4502> Takeda Pharmaceuticals SP ADR $13.62 4,204 yen (-$59)
<4519> Chugai Pharmaceutical $22.86 7056 yen (-$85)
<4543> Terumo $19.49 3008 yen (-$36)
<4568> Daiichi Sankyo $29.63 4573 yen (-$42)
<4661> Oriental Land $23.49 3625 yen (-$7)
<4901> Fujifilm $10.67 3293 yen (-$61)
<5108> Bridgestone $17.33 5349 yen (-$89)
<6098> Recruit Holdings $12.44 9599 yen (-$220)
<6146> Disco $26.8 41358 yen (-$1222)
<6178> Japan Post $10.1 1559 yen (+77 yen)
<6201> Toyota Industries $72 11,111 yen (-244 yen)
<6273> SMC $21.19 65,401 yen (-1379 yen)
<6301> Komatsu $26.27 4,054 yen (-44 yen)
<6367> Daikin Industries $11.92 18,395 yen (-310 yen)
<6501> Hitachi Ltd $50.23 3,876 yen (-75 yen)
<6503> Mitsubishi Electric Corp. $35.05 2,704 yen (-40.5 yen)
<6594> Nidec Corp. $4.43 2,735 yen (-83 yen)
<6702> Fujitsu $18.03 2782 yen (-$42)
<6723> Renesas $6.45 1991 yen (-$55)
<6758> Sony $18.46 2849 yen (-$40.5)
<6857> Advantest $57.5 8873 yen (-$263)
<6902> Denso $14.68 2265 yen (-$43.5)
<6954> Fanuc $13.13 4052 yen (-$84)
<6981> Murata Manufacturing $8.33 2571 yen (-$63)
<7182> Japan Post Bank $8.8 1358 yen (-$122.5)
Toyota Motor is at $172.84 and ¥2667 (-¥37).
Honda Motor Co Ltd at $25.82 and ¥1328 (-¥23.5).
HOYA trading at $127.12 and ¥19617 (-¥303).
Canon Inc-Spons ADR at $32.27 and ¥4980 (-¥58).
Nintendo Co Ltd at $13.23 and ¥8167 (-¥92).
ITOCHU Corporation at $100.9 and ¥7785 (-¥115).
MARUBENI CORP at $153.52 and ¥2369 (-¥41).
Mitsui & Co Ltd at $414.88 and ¥3201 (-¥49).
<8035> Tokyo Electric $69.26 21376 yen (-$924)
<8053> Sumitomo Corporation $21.04 3247 yen (-$37)
<8058> Mitsubishi Corporation $17.33 2674 yen (-$26)
<8306> Mitsubishi UFJ Financial Group $11.68 1802 yen (-$22)
<8316> Sumitomo Mitsui Financial Group $13.96 3591 yen (-$44)
<8411> Mizuho Financial Group $4.88 3765 yen (0 yen)
<8591> Orix $107.87 3329 yen (-$32)
<8725> MS&AD Insurance Group Holdings $23.2 3580 yen (-$44)
Tokio Marine Holdings, Inc. is at $38.02 and ¥5867 (-$54).
Mitsui Fudosan Co., Ltd. is at $24.80 and ¥1276 (-$18).
NTT is at $24.90 and ¥154 (-¥0.6).
KDDI Corporation is at $16.17 and ¥4991 (-$35).
Fast Retailing Co., Ltd. is at $31.90 and ¥49228 (-$1012).
SoftBank Group Corp. is at $28.13 and ¥8682 (-$238).
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