Overview of the Tokyo Stock Exchange Growth Market 250 Index Futures: Slight decline continues, but downside is limited.

Fisco Japan · Dec 11, 2024 15:30

On December 11, the Tokyo Stock Exchange Growth Market 250 Index Futures dropped 4 points from the previous trading day to 637 points. The high was 642 points and the low was 636 points, with a daily trading volume of 2,274 contracts. In the previous day's US market on the 10th, the Dow Inc fell for four consecutive days. Amidst a lack of material, buying and selling were mixed, and after the opening, the performance was varied. The Dow faced selling pressure due to concerns about high prices and remained soft throughout the day. The Nasdaq was briefly boosted by the rise of Alphabet (GOOG), but selling due to high interest rates and declines in Oracle Corp (ORCL) and NVIDIA in the Semiconductors sector weighed it down, leading to a decline. Towards the end of the day, with the domestic Consumer Price Index (CPI) announcement set for the next day, profit-taking sales intensified, widening the decrease. Today's Tokyo Stock Exchange Growth Market 250 Index Futures started at 641 points, unchanged from the previous trading day. Although there was dominant selling throughout the day due to falling US stocks and high interest rates, the 25-day and 75-day moving averages were nearing a golden cross, limiting the downside. Although there were no unique buying materials in the growth market, buying on dips continued to prevail, resulting in a slight further decline, ending trading at 637 points. Among the leading stocks in the Tokyo Stock Exchange Growth Market, GENDA <9166> and GNI <2160> declined.

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東証グロース市場250指数先物概況：小幅続落も下値は限定的

Overview of the Tokyo Stock Exchange Growth Market 250 Index Futures: Slight decline continues, but downside is limited.

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