Ｈ 39425On the 23rd, the Chicago Nikkei futures (CME) were as follows:
MAR24
O 38985 (in USD)
H 39425
L 38960
C 39400 compared to the Osaka exchange +210 (Evening comparison +100)
Vol 4118
MAR24
O 38890 (in yen)
H 39330
L 38840
C 39305, compared to the Osaka Exchange +115 (evening comparison +5)
Vol 16268
Overview of American depositary receipts (ADRs) on the 23rd:
In the ADR market, compared to the Tokyo Stock Exchange (1 dollar equals 157.16 yen), Honda Motor Co <7267>, Japan Post <6178>, Toyota Industries <6201>, Tokyo Electron <8035>, Advantest <6857>, Disco <6146>, Hitachi Ltd Sponsored ADR <6501>, etc., are rising, with an overall buying trend.
Code Company Name Closing Price Change from Previous Day Price in JPY Comparison to Japanese Price
| 7203 (Toyota Motor). | toyota motor | 180.53 | 2.20 | 2837 | 0 |
| 8306 (Mitsubishi UFJ Financial Group). | Mitsubishi UFJ Financial Group | 11.50 | 0.12 | 1807 | 7 |
| 8035 (TOELY) | Tokyo Electron | 75.98 | 0.30 | 23882 | 277 |
| 6758 (Sony Group Corp) | Sony | 21.16 | 0.14 | 3326 | 25 |
| 9432 (NTTYY) | NTT | 24.74 | -0.09 | 156 | 0.6 |
| 8058 (MTSUY) | Mitsubishi Corporation | 15.90 | 0.03 | 2499 | -13 |
| 6501 (HTHIY) | Hitachi Ltd Sponsored ADR | 49.72 | -0.10 | 3907 | 36 |
| 9983 (FRCOY) | Fast Retailing | 33.89 | 0.09 | 53262 | 82 |
| 9984 (SFTBY) | SoftBank Group | 28.54 | 0.30 | 8971 | 35 |
| 4063 (SHECY) | Shin-Etsu Chemical Co., Ltd. | 16.32 | 0.06 | 5130 | 14 |
| 8001 (ITOCY) | Itochu Corporation | 97.03 | 0.63 | 7625 | 13 |
| 8316 (SMFG.N) | Sumitomo Mitsui Financial Group | 14.14 | 0.07 | 3704 | 10 |
| 8031 (MITSY) | Mitsui & Co., Ltd. | 410.00 | 2.56 | 3222 | 5 |
| 6098 (RCRUY) | Recruit Holdings | 14.27 | 0.32 | 11213 | -17 |
| 4568 (DSNKY) | Daiichi Sankyo Company | 28.00 | -0.23 | 4400 | 19 |
| 9433 (Kddi Corporation) | kddi corporation | 15.86 | 0.05 | 4985 | -11 |
| 7974 (NINTENDO CO LTD) | Nintendo Co Ltd | 14.65 | -0.04 | 9210 | 39 |
| 8766 (TAKEDA PHARMACEUTICALS SP ADR) | Tokio Marine Holdings, Inc. | 35.61 | 0.28 | 5596 | 17 |
| 7267 (HMC.N) | HONDA MOTOR CO., LTD. | 26.93 | 3.04 | 1411 | 134.5 |
| 2914 (JAPAY) | Japan Tobacco Inc | 13.13 | -0.08 | 4127 | 4 |
| 6902 (DNZOY) | DENSO | 13.13 | 0.04 | 2064 | -5 |
| 4519 (CHGCY) | Chugai Pharmaceutical Co., Ltd. | 21.98 | 0.64 | 6909 | 27 |
| 4661 (OLCLY) | Orient Land | 21.29 | -0.39 | 3346 | -17 |
| 8411 (MFG.N) | Mizuho Financial Group | 4.83 | 0.00 | 3795 | 7 |
| 6367 (DKILY) | Daikin Industries, Ltd. unsponsored adr | 11.18 | -0.15 | 17570 | -30 |
| 4502 (TAK.N) | Takeda Pharmaceuticals sp adr | 13.17 | 0.07 | 4140 | 18 |
| 7741 (HOCPY) | HOYA | 126.38 | 0.87 | 19862 | 47 |
| 6503 (MIELY) | Mitsubishi Electric Corp. | 34.01 | 0.64 | 2673 | 13 |
| 6981 (MRAAY) | Murata Manufacturing Co., Ltd. | 7.89 | 0.11 | 2480 | 0 |
| 7751 (CAJPY) | Canon Inc - sponsored ADR | 33.00 | -0.01 | 5186 | -7 |
| 6273 (SMCAY) | SMC | 19.69 | 0.00 | 61890 | -290 |
| 7182 (JPPTY) | Japan Post Bank | 8.70 | 0.05 | 1367 | -94 |
| 6146 (DSCSY) | Disco | 27.30 | 0.50 | 42905 | 405 |
| 3382 (SVNDY) | Seven & i Holdings Co., Ltd. | 15.43 | 0.09 | 2425 | 5.5 |
| 8053 (SSUMY) | Sumitomo Corporation | 21.03 | 0.06 | 3305 | 8 |
| 6702 (FJTSY) | Fujitsu | 17.85 | -0.15 | 2805 | -4 |
| 6201 (TYIDY) | Toyota Automatic Loom Works | 75.93 | 1.31 | 11933 | 163 |
| 5108 (BRDCY) | Bridgestone Corporation Unsponsored ADR | 16.97 | 0.15 | 5334 | 42 |
| 6178 (JPPHY) | Japan Post Holdings | 9.86 | 0.00 | 1549 | 40 |
| 8002 (MARUY) | Marubeni | 144.63 | 1.59 | 2273 | -11 |
| 6723 (RNECY) | Renesas | 6.48 | 0.00 | 2037 | -13.5 |
| 6954 (FANUY) | ファナック | 12.81 | -0.04 | 4026 | -18 |
| 8725 (MSADY) | MS&AD Insurance Holdings | 21.57 | -0.05 | 3390 | 1 |
| 8801 (MTSFY) | Mitsui Fudosan | 23.90 | 0.10 | 1252 | 3 |
| 6301 (KMTUY) | komatsu | 26.78 | 0.08 | 4209 | 1 |
| 4901 (FUJIY) | FUJIFILM | 10.41 | -0.02 | 3272 | -2 |
| 6594 (NJDCY) | Nidec | 4.32 | -0.05 | 2716 | -26.5 |
| 6857 (ATEYY) | Advantest | 57.90 | 2.40 | 9100 | 100 |
| 4543 (TRUMY) | Terumo | 19.46 | 0.09 | 3058 | -1 |
| 8591 (IX.N) | orix | 106.04 | 0.45 | 3333 | 18 |
(Top 50 by Market Cap, converted at 1 USD = 157.16 JPY)
"Top 5 stocks by ADR increase rate" (23rd)
Code Security Name Closing Price Yen Converted Price Daily Closing Price Difference (%)
| 7267 (HMC.N) | HONDA MOTOR CO., LTD. | 26.93 | 1411 | 134.5 | 10.54 |
| 5020 (JXHLY) | ENEOS | 11.35 | 892 | 72.5 | 8.85 |
| 9107 (KAIKY) | Kawasaki Kisen Kaisha | 14.10 | 2216 | 113.5 | 5.40 |
| 9503 (KAEPY) | kansai electric power co inc | 5.56 | 1748 | 68.5 | 4.08 |
| 6178 (JPPHY) | Japan Post Holdings | 9.86 | 1549 | 40 | 2.65 |
"Top 5 Stocks with the Largest ADR Decline" (23rd)
Code Security Name Closing Price Yen Converted Price Daily Closing Price Difference (%)
| 7182 (JPPTY) | Japan Post Bank | 8.70 | 1367 | -94 | -6.43 |
| 7259 (ASEKY) | Aisin Seiki | 10.72 | 1685 | -64.5 | -3.69 |
| 2801 (KIKOY) | Kikkoman | 22.00 | 1729 | -21 | -1.20 |
| 6594 (NJDCY) | Nidec | 4.32 | 2716 | -26.5 | -0.97 |
| 7201 (NSANY) | Nissan Motor Co. | 5.68 | 446 | -4 | -0.89 |
Overview of the USA Stock Market (23rd)
NY Dow
Closing price: 42,906.95 Change from the previous day: 66.69
Opening Price: 42800.49 High Price: 42957.79 Low Price: 42516.87
Year-to-date high: 45014.04 Year-to-date low: 37266.67
Last year's highest price: 37710.10 Last year's lowest price: 31819.14
Nasdaq
Closing Price: 19764.89 Change from Previous Day: 192.29
Opening Price: 19641.05 High Price: 19772.10 Low Price: 19504.68
Year-to-date high: 20173.89 Year-to-date low: 14510.30
Last year's highest price: 15099.18 Last year's lowest price: 10305.24
S&P 500
Closing Price: 5974.07 Change from Previous Day: 43.22
Opening Price: 5940.25 High Price: 5978.25 Low Price: 5902.57
Year-to-date high: 6090.27, year-to-date low: 4688.68
Last year's highest price: 4783.35, last year's lowest price: 3808.10
US 30-Year Treasury Yield: 4.776% US 10-Year Treasury Yield: 4.589%
The US stock market continued its rise. The Dow Jones average closed up $66.69 at $42,906.95, while Nasdaq finished with a gain of 192.29 points at 19,764.88.
Amid concerns about the deterioration of the Consumer Confidence Index, mixed trading occurred after the opening. The Dow fell further due to rising long-term interest rates following waning expectations for rapid interest rate cuts by the Federal Reserve (FRB). Nasdaq remained resilient due to tech buying amid hopes for a Santa Claus rally, expanding its gains towards the end and lifting the overall market. With limited participation ahead of the Christmas holiday, the Dow also managed to recover into positive territory by the close. In terms of sectors, Semiconductors and related manufacturing, as well as Property Service & Development saw increases, while Food & Consumer Staples retail experienced slight declines.
Mobile device manufacturer Apple (AAPL) rose on expectations that new iPhone sales would meet or exceed forecasts, as well as reports that it is developing a smart doorbell with Facial Recognition to compete with Amazon's (AMZN) smart home security brand, Ring. Auto Manufacturers Ford Motor Co (F) and General Motors (GM) enjoyed a stable performance as they reacted positively to reports of Honda and NISSAN MOTOR CO entering into merger negotiations. Semiconductor companies NVIDIA (NVDA) and Broadcom (AVGO) both increased in value in anticipation of a Christmas rally fueled by strong demand forecasts for Artificial Intelligence (AI).
Department Store Nordstrom Inc (JWN) announced that the founding family had agreed to acquire the company for $6.25 billion and take it private, resulting in a decline.
Elon Musk, who is expected to lead the Department of Government Efficiency (DOGE) under the upcoming Trump administration, criticized the Federal Reserve for being "ridiculously overstaffed."
(Horiko Capital Management LLC)
