[Nikkei Stock Average TOPIX (table)]

Nikkei Average; 39624.05; -225.09

TOPIX; 2752.10; -20.93

[Snuggle Overview]

The Nikkei Average on the 13th fell to 39624.05 yen, which depreciated 225.09 yen for the first time in 5 days, and trading began. The US stock market declined on the 12th the day before. The Dow average fell 234.44 dollars to 43914.12 dollars, and the NASDAQ closed at 19902.84, which fell 132.05 points. We were wary of an unexpected acceleration in the November Producer Price Index (PPI), and after getting close, it fell. The Dow depreciated one step further due to sales that were wary of employment-related indicators, which had weakened unexpectedly, and the decline in the managed care company United Health (UNH) weighed heavily. The NASDAQ declined due to concerns about rising long-term interest rates. Towards the end of the market, the decline in stock prices widened.

Sales took precedence in the Tokyo stock market today. The fall in major indices in the US stock market yesterday and the rise in long-term US interest rates in overseas markets weighed on stock prices in the Tokyo market. Also, in addition to the fact that today is a weekend, the US Federal Open Market Committee (FOMC) on 17-18 and the Bank of Japan monetary policy meeting on 18-19 are ahead next week, and there was also a tendency to forego aggressive purchases in order to determine these. Meanwhile, the fact that the yen exchange rate continued to depreciate yen and stay high at a high level of yen depreciation and dollar in the foreign exchange market supported export stocks etc. in the Tokyo market, but sales dominated during the donation stage. Note, according to the Bank of Japan Tankan (December survey) announced before the start of trading, the business condition judgment DI for the large enterprise manufacturing industry improved from plus 14 and plus 13 in the previous September survey. The median private sector forecast compiled by QUICK was plus 12. The outlook until March was plus 13 (difference minus 1 this time). Today, Laxus Technologies (288A) was listed on the Tokyo Stock Exchange Growth. Also, today is the calculation date for the December Special Liquidation Index (SQ) for stock price index futures and options. The SQ value was 39434.85 yen according to the QUICK trial calculation.

By sector, rubber products, service industries, chemicals, transportation equipment, electrical equipment, etc. are at the top of the price drop rate, and the electric/gas industry, pulp/paper industry, real estate industry, shipping industry, insurance industry, etc. line up at the top price increase rate. In the top trading price of the Tokyo Stock Exchange Prime, Recruit HD ＜6098＞, Sony G ＜6758＞, Daiichi Sankyo ＜4568＞, IHI ＜7013＞, Kao ＜4452＞, Mitsubishi Electric ＜6503＞, Sanrio ＜8136＞, Kawasaki Shigeru ＜7012＞, East Elec ＜8035＞, Otsuka HD ＜4578＞, Mitsubishi Heavy ＜7011＞, Shin-Etsu ＜4063＞, ＜7203＞, etc. have declined. Meanwhile, Advantest (6857), Fujikura (5803), Mitsui Fu (8801), MS & AD (8725), etc. are rising.