The resilience of Semiconductors-related stocks provides support.
The Nikkei average fell, closing at 39,981.06 yen, down 102.24 yen (with an estimated Volume of 1.8 billion and 50 million shares) in Trade. Influenced by the drop in tech stocks in the previous day's USA market, selling started initially, and shortly after the beginning of Trade, it dropped to 39,705.81 yen. However, after the selling subsided, Semiconductors stocks rebounded, and the exchange rate temporarily shifted to a weaker yen at around 158 yen per dollar, leading to a subsequent slow-down in the decline. Additionally, USA stock Futures remained stable.
The Nikkei average fell back, and after the sell-off, the Semiconductors stocks provided support.
On the 7th, the U.S. stock market declined. The Dow Inc. average fell by 178.20 points to 42,528.36, while the Nasdaq closed down 375.30 points at 19,489.68. The rise of the semiconductor NVIDIA led the market higher at the opening, but the company's stocks then turned to decline, weighing on the market. Additionally, because the JOLT job openings and ISM non-manufacturing index exceeded Financial Estimates, there was speculation of a slowdown in the rate of interest rate cuts, which, along with rising long-term interest rates, led to a market decline. The market remained weak throughout the day, and in the latter half, it
Kioxia Holdings has reached a new high.
The new high price stocks on the Main Board are Shimizu Construction ＜1803＞ and Coca-Cola Bottlers Japan Holdings ＜2579＞ among 18 stocks. The new low price stocks on the Main Board are Askul ＜2678＞ and Fuji Food Group Headquarters ＜2752＞ among 16 stocks. "Main Board" "Standard Board" "Growth Board" New highs New lows New highs New lows New highs New lows 01/08 181624101170 01/07 1693221270 01/06 3.
Advante, Ryohin Keikaku ETC (additional) Rating
Upgraded - Bullish Code Stock Name Securities Company Previous Change After ------------------------------------------------------------ <6506> Yaskawa Electric Morgan S "Underweight" "Equal Weight" <7167> Mebuki FG JPM "Neutral" "Overweight" Downgraded - Bearish Code Stock Name Securities Company Previous Change After ----------------------------------------
SBI Securities (pre-close) sells AdvanTest heavily, and buys Mitsubishi Heavy Industries heavily.
Sell Code Stock Name Trading Amount (6146) DISCO 36,185,685,220 (6857) Advantest 26,503,573,862 (6920) LaserTech 19,342,712,740 (8035) Tokyo Electron Ltd. Unsponsored ADR 17,379,079,330 (5803) Fujikura 13,928,981,305 (1570) NEXT FUNDS Nikkei Stock Average Leveraged ETF
Omron - Significant drop continues, as U.S. securities anticipate limited room for relative performance improvement.
Significant decline continues. Morgan Stanley MUFG Securities has downgraded the investment determination from "equal weight" to "underweight," and also lowered the Target Price from 5800 yen to 4900 yen. Within the FA industry, steady performance improvement due to structural reforms has been well regarded, but moving forward, as demand is expected to recover primarily in the USA, the relatively low composition ratio could limit the potential for performance improvement compared to companies like Yaskawa Electric.
