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As the corporate earnings season kicks in and ahead of the Lower House election, there is a cautious mood.
The Nikkei average fell slightly. It closed at 38,954.60 yen, down 27.15 yen (with a volume estimate of 1.5 billion shares). While the major stock price indices in the US market rose slightly at the end of last week, the Nikkei average started falling. Subsequently, the yen exchange rate shifted slightly to the mid-149 yen range, becoming slightly stronger than the end of last week. In addition, domestic broadcasting reported a 'delicate situation of the ruling coalition having a slight majority,' which also weighed on investor sentiment, lowering levels to 38,775.59 yen. However, expectations for corporate performance remain strong, supporting stock price levels.
The Nikkei average fell slightly, ending in a consolidation around the previous day's closing level, with 9 consecutive negative days of trading.
Last weekend, the Dow Jones Industrial Average in the USA market closed at 43,275.91 dollars, up 36.86 dollars, while the Nasdaq ended trading at 18,489.55 points, up 115.94 points. With profit-taking sells near record highs and a retreat in optimistic economic views, the Dow traded weakly. The Nasdaq, driven by the rise of mobile device giant Apple and semiconductor company Nvidia, as well as supported by the decline in long-term interest rates, continued to trade strongly, pushing up the overall market. Towards the end, the Dow also recovered into positive territory, hitting new record highs for consecutive days.
JT and others continue to rank in, expressing concerns about the burden of settlement money for tobacco lawsuits in Canada.
JT <2914> ranked in (as of 2:32 PM). Significantly down. It is reported that the company, along with American Philip Morris and British American, has been offered a settlement proposal of approximately 3.5 trillion yen in a lawsuit over tobacco health risks in Canada. The distribution of the burden among the three companies is still undetermined. There seems to be a prevailing view that the settlement amount will exceed expectations. Top changes in volume rate [October 21, 2:32 PM current] (latest 5-day average)
Active and newly listed stocks during the morning session.
*Sunwells <9229> 1667 +131 Particularly, there are no specific materials, but will buying prevail in the low price range? *PKSHA Technology <3993> 3745 +245 Expectations of fund inflow into index funds continue, etc. *MonotaRO <3064> 2468.5 +144.5 SMBC Nikko Securities has raised the target stock price. *Medley <4480> 4100 +215 There are technical merits such as GC, so is short covering dominant? *Disco <6
List of stocks with cloud breakout (weekly) [Ichimoku Kinko Hyo, List of stocks with cloud breakouts]
○ List of leading stocks breaking through the cloud in the market Code Company Name Closing Price Leading Span A Leading Span B Tokyo Stock Exchange Prime ＜1976＞ Meisei Kogyo 1257 1238.75 1129 ＜2157＞ Koshidaka HD 1228 970 1135.5 ＜2440＞ Gurunavi 3353 300.5 326.5 ＜3076＞ Ai HD 2394 2375 2377.5 ＜3183＞ Win P 1235 1228.25 1162
Japan Sept Core CPI Rises 2.4% Yr/yr