The Japanese stocks of ADR (American Depositary Receipts) have declined compared to the Tokyo Stock Exchange (converted at 153.48 yen to the dollar), with major sell-offs in Yucho Bank, SoftBank Group, Nippon Electric, Renesas, Sony Group Corp, Murata Manufacturing, DAIKIN INDUSTRIES, LTD. Unsponsored ADR, etc. The Chicago Nikkei 225 futures settlement price fell 145 yen compared to the daytime in Osaka, at 39,255 yen.
The US stock market has declined. The Dow average fell by 267.58 dollars to 43,449.90 dollars, and the Nasdaq ended trading down by 64.83 points at 20,109.06. After opening lower due to the persistently high long-term interest rates, retail sales for November released in the morning exceeded market expectations, although the outlook for a rate cut by the Federal Reserve Board (FRB) at tomorrow's Federal Open Market Committee (FOMC) meeting remains unchanged. However, there are expectations that the pace of rate cuts next year will be gradual. The uncertainty in monetary policy ahead of the FOMC has weighed on the market, causing both the Dow average and Nasdaq to trend softly throughout the day.
On the 17th, in the New York foreign exchange market, the dollar-yen rose to 154 yen 00 sen, then fell to 153 yen 16 sen, and closed at 153 yen 52 sen. Following a stronger-than-expected increase in US retail sales for November, there was a brief uptick in dollar buying, but concerns over a lower-than-expected core retail sales index and unexpected continued declines in November industrial production shifted the favor toward dollar selling. The yield on the US 10-year bonds rose to around 4.43% before falling back to around 4.37%. The euro-dollar rose to 1.0516 dollars, then fell to 1.0485 dollars, closing at 1.0488 dollars.
NY crude oil futures for February contracts are trending weakly (NYMEX crude oil February contract closing price: 69.65 ↓0.64).
■Top rising ADR stocks (17th)
Stock code Stock name | Closing price (dollars) | Price in Japanese yen | Japan closing price comparison | Rate of change |
<7201> | Nissan Motor Co. | 5.11 dollars | 392 yen (54.4 yen) | +16.11% |
<8830> | sumitomo realty | 16.93 dollars | 5197 yen (513 yen) | +10.95% |
<9107> | Kawasaki Kisen Kaisha | 14.1 dollars | 2164 yen (47.5 yen) | +2.24% |
<7259> | Aisin Seiki | 11.08 dollars | 1,701 yen (16 yen) | +0.95% |
<2503> | Kirin HD | 13.67 USD | 2098 yen (17.5 yen) | +0.84% |
■ADR Declining Rate Lower Stocks (17th)
Stock code Stock name | Closing price (dollars) | Price in Japanese yen | Japan closing price comparison | Rate of change |
<7182> | Japan Post Bank | 8.85 USD | 1358 yen (-130 yen) | -8.74% |
<5020> | ENEOS | 9.83 dollars | 754 yen (-34.2 yen) | -4.34% |
<6752> | Panasonic | 10.04 dollars | 1541 yen (-57 yen) | -3.57% |
<9101> | Nippon Yusen Kabushiki Kaisha | 6.43 dollars | 4934 yen (-162 yen) | -3.18% |
<2801> | Kikkoman | 22.3 dollars | 1711 yen (-35 yen) | -2% |
Other ADR listings on the 17th
Stock code Stock name | Closing price (dollars) | Price in Japanese yen | Japan closing price comparison |
<2914> | Japan Tobacco Inc | 13.52 dollars | 4150 yen (-10 yen) |
<3382> | Seven & i Holdings Co., Ltd. | 16.35 dollars | 2509 yen (-4 yen) |
<4063> | Shin-Etsu Chemical Co., Ltd. | 16.74 dollars | 5139 yen (-53 yen) |
<4502> | Takeda Pharmaceuticals sp adr | 13.36 dollars | 4101 yen (3 yen) |
<4519> | Chugai Pharmaceutical Co., Ltd. | 22.67 dollars | 6959 yen (-42 yen) |
<4543> | Terumo | 19.89 dollars | 3053 yen (-11 yen) |
<4568> | Daiichi Sankyo Company | 27.74 dollars | 4,258 yen (22 yen) |
<4661> | Orient Land | 21.4 dollars | 3,284 yen (-16 yen) |
<4901> | FUJIFILM | 10.93 dollars | 3355 yen (-23 yen) |
<5108> | Bridgestone Corporation Unsponsored ADR | 17.12 dollars | 5255 yen (14 yen) |
<6098> | Recruit Holdings | 14.75 dollars | 11,319 yen (-41 yen) |
<6146> | Disco | 26.8 dollars | 41,133 yen (-147 yen) |
<6178> | Japan Post Holdings | 9.86 dollars | 1513 yen (12 yen) |
<6201> | Toyota Automatic Loom Works | 71.62 dollars | 10993 yen (-12 yen) |
<6273> | SMC | 20.25 dollars | 62159 yen (-541 yen) |
<6301> | komatsu | 27.09 dollars | 4158 yen (-27 yen) |
<6367> | Daikin Industries, Ltd. unsponsored adr | 11.7 dollars | 17,957 yen (-198 yen) |
<6501> | Hitachi Ltd Sponsored ADR | 51.69 dollars | 3,967 yen (-22 yen) |
<6503> | Mitsubishi Electric Corp. | 34.05 dollars | 2613 yen (-17.5 yen) |
<6594> | Nidec | 4.51 dollars | 2769 yen (-46.5 yen) |
<6702> | Fujitsu | 18 dollars | 2763 yen (-8 yen) |
<6723> | Renesas | 6.49 dollars | 1992 yen (-28.5 yen) |
<6758> | Sony | 21.73 dollars | 3,335 yen (-45 yen) |
<6857> | Advantest | 56.3 dollars | 8,641 yen (-23 yen) |
<6902> | DENSO | 13.49 dollars | 2070 yen (-8.5 yen) |
<6954> | ファナック | 13.04 dollars | 4003 yen (-33 yen) |
<6981> | Murata Manufacturing Co., Ltd. | 7.93 dollars | 2434 yen (-27.5 yen) |
<7182> | Japan Post Bank | 8.85 USD | 1358 yen (-130 yen) |
<7203> | toyota motor | 173.28 dollars | 2660 yen (-12.5 yen) |
<7267> | HONDA MOTOR CO., LTD. | 25.26 dollars | 1292 yen (8.5 yen) |
<7741> | HOYA | 131.01 dollars | 20,107 yen (-8 yen) |
<7751> | Canon Inc - sponsored ADR | 32.55 dollars | 4,996 yen (-12 yen) |
<7974> | Nintendo Co Ltd | 15.36 USD | 9430 yen (-60 yen) |
<8001> | Itochu Corporation | 99.5 USD | 7636 yen (-13 yen) |
<8002> | Marubeni | 145.67 dollars | 2236 yen (-6.5 yen) |
<8031> | Mitsui & Co., Ltd. | 416.96 dollars | 3200 yen (-12 yen) |
<8035> | Tokyo Electron | 77.07 dollars | 23,657 yen (-183 yen) |
<8053> | Sumitomo Corporation | 21.38 dollars | 3,281 yen (-10 yen) |
<8058> | Mitsubishi Corporation | 16.42 dollars | 2520 yen (9 yen) |
<8306> | Mitsubishi UFJ Financial Group | 11.78 dollars | 1808 yen (-13 yen) |
<8316> | Sumitomo Mitsui Financial Group | 14.37 dollars | 3676 yen (-8 yen) |
<8411> | Mizuho Financial Group | 4.93 dollars | 3783 yen (4 yen) |
<8591> | orix | 106.99 dollars | 3284 yen (6 yen) |
<8725> | MS&AD Insurance Holdings | 21.75 dollars | 3338 yen (-12 yen) |
<8766> | Tokio Marine Holdings, Inc. | 35.3 dollars | 5418 yen (-7 yen) |
<8801> | Mitsui Fudosan | 24 dollars | 1228 yen (-8 yen) |
<9432> | NTT | 25.34 dollars | 156 yen (0.2 yen) |
<9433> | kddi corporation | 16.21 dollars | 4976 yen (-24 yen) |
<9983> | Fast Retailing | 34.64 dollars | 53,165 yen (-265 yen) |
<9984> | SoftBank Group | 31.42 dollars | 9,645 yen (-192 yen) |