The decline in Japanese tech stocks led to a temporary drop below the 38,000 yen level.

The Nikkei average continued to decline, closing at 38,142.37 yen, down 95.42 yen (with an estimated Volume of 1.8 billion 50 million shares). In the previous day's USA market, tech stocks were sold off, leading to a focus on selling semiconductor-related stocks in the Tokyo market. The Nikkei average dropped to 37,742.76 yen during the mid-morning session, also dipping below the key level of 38,000 yen at times. However, many are eager to wait for the earnings report from USA semiconductor giant NVIDIA, which is scheduled for early tomorrow morning Japan time.

Fisco JapanFeb 26 02:22 ET

The Nikkei average is down about 330 yen, with negative contributions from Tokyo Electron, SoftBank Group, and Konami Group being the highest.

As of 12:46 PM on the 26th, the Nikkei average stock price is around 37,900 yen, down approximately 330 yen from the previous day. In the afternoon session, buying became dominant, reducing the decline as it started. Since then, it has been steadily trending. The exchange rate is currently at about 149 yen and 40 sen per dollar, moving slightly in the direction of yen depreciation. In terms of negative contributions to the Nikkei average stock price, the top are Tokyo Electron <8035.T>, SoftBank Group <9984.T>, and Konami Group <9766.T>. For positive contributions, Fast Retailing <998.

Kabushiki ShimbunFeb 25 22:54 ET

Petroleum resources, light industry, etc. (additional) Rating

Upgraded - Bullish Code Stock Name Brokerage Firm Previous Changed After-------------------------------------------------------------<268A> Rigaku Nomura "Hold" "Buy" <3626> TIS GS "Hold" "Buy" <4528> Ono Pharmaceutical City "3" "2" <6752> Panasonic HD Morgan Stanley "Equal Weight" "Over Weight" <7735> Screen Morgan Stanley "Equal Weight" "Over Weight"

Fisco JapanFeb 25 22:35 ET

Rating information (Target Price change - part 2) = SUMCO, Chugai Pharmaceutical, ETC.

◎ Mizuho Securities (three levels: Buy > Hold > underperform) SUMCO <3436.T> -- "Buy" → "Buy", 2300 yen → 2100 yen UBE <4208.T> -- "Buy" → "Buy", 3600 yen → 3000 yen M3 <2413.T> -- "Hold" → "Hold", 1600 yen → 1900 yen ◎ Morgan Stanley MUFG Securities (three levels: Overweight > Equal Weight > Underweight) Chugai Pharmaceutical <4519.T> -- "Overweight"

Kabushiki ShimbunFeb 25 20:05 ET

Colorectal Cancer (CRC) Pipeline Analysis Report 2024 Featuring Takeda, Eli Lilly and Co, Immatics Biotechnologies, Daiichi Sankyo., Millennium Pharmaceuticals Pfizer, and Bristol-Myers Squibb

Yahoo FinanceFeb 21 09:41 ET

The Nikkei average rose by 41 yen, rebounding for the first time in three days, as the yen appreciated temporarily following comments from Governor Ueda of the Bank of Japan = 21st morning session.

On the 21st, the Nikkei average during the morning session rose by 41.30 yen compared to the previous day, reaching 38,719.34 yen, marking a rebound for the first time in three days. The TOPIX (Tokyo Stock Price Index) also increased slightly by 0.37 points to 2,734.97 points. The Nikkei average started trading under selling pressure from the morning due to a decline in US stocks on the 20th. It continued to trade weakly, influenced by the yen's appreciation against the dollar. However, during the House of Representatives budgetary committee, Bank of Japan Governor Kazuo Ueda stated that "if long-term interest rates rise sharply, the bank will increase government bond purchases flexibly."

Kabushiki ShimbunFeb 20 22:00 ET