日経平均採用銘柄では、EMC不正が一部で報じられたことからファナック＜6954＞が下落したほか、円高推移を受けて、日産自＜7201＞、いすゞ自＜7202＞、トヨタ自＜7203＞、三菱自＜7211＞など自動車関連が売られた。このほか、SUMCO＜3436＞、ディスコ＜6146＞、キッコーマン＜2801＞、オークマ＜6103＞、住友ファーマ＜4506＞、レゾナック＜4004＞などが下落した。The Nikkei average fell. It closed the morning session at 38,193.01 yen, down 156.05 yen (-0.41%) from the previous day, with an estimated volume of 750 million shares.
The U.S. market was closed yesterday due to the Thanksgiving holiday. In the foreign exchange market, trading of major currencies remained sluggish. The dollar-yen rate showed hesitant gains. After briefly being bought up to 151.77 yen, it later fell to 151.41 yen, closing trading at 151.50 yen.
Although the U.S. market was closed, due to the yen's strength against the dollar reaching the 150 yen level and a weak dollar trend, the Tokyo market started with a selling bias. The morning announcement of the Tokyo metropolitan area consumer price index exceeding market expectations strengthened speculations of a Bank of Japan rate hike, leading to a scene where the dollar broke into the 149 yen level for the first time in a month. The Nikkei average initially started lower amidst a further strengthening yen trend, with moments below 38,000 yen observed.
In the Nikkei average constituent stocks, Fanuc Corp <6954> fell following reports of EMC irregularities, and automobile-related stocks such as Nissan Motor <7201>, Isuzu Motors <7202>, Toyota Motor <7203>, Mitsubishi Motors <7211>, were sold off due to the strong yen trend. Additionally, Sumco <3436>, Disco <6146>, Kikkoman <2801>, Okuma <6103>, Sumitomo Pharma <4506>, Resonac <4004>, among others, declined.
On the other hand, benefiting from the strengthening yen, Nitori Holdings <9843>, Sapporo Holdings <2501>, Toho Gas <9533>, Osaka Gas <9532>, and other yen-positive stocks rose. Furthermore, with increasing speculations of a Bank of Japan rate hike, notable gains were seen in financial stocks such as Chiba Bank <8331>, Shizuoka FG <5831>, Dai-ichi Life Holdings <8750>, SOMPO Holdings <8630>, Resona Holdings <8308>, Concordia <7186>, Mizuho <8411>. Additionally, shares like Furukawa Electric <5801>, Kajima Construction <1812>, and AGC <5201> were bought.
By sector, transportation equipment, machinery, precision instruments, wholesale, petroleum, coal, among others, declined, while electricity, gas, textiles, air transportation, banks, insurance, among others, rose.
The trading value on the morning prime market remained around 1.6 trillion yen, with low market participation amidst the Thanksgiving holiday. The afternoon Tokyo market is expected to continue with thin trading, focusing on the yen's strengthening trend. Should the Nikkei average fall below yesterday's low of 37,801.62 yen, there may be a slightly wider decline. Attention will be on whether it can maintain trading above the 38,200 yen level and the 75-day moving average.
