Japanese Stocks Gain as Q4 GDP Surges on Strong Business Spending

MT Newswires01:56 ET

Rakuten Group Narrows Loss in 2024 on Reversal Deferred Tax Assets

MT Newswires21:30 ET

The Nikkei average is up about 50 yen, with notable increases in stocks like Credit Saison, Ebara, and NXHD, among others.

On the 17th at around 11:15 AM, the Nikkei Stock Average is fluctuating near 39,200 yen, about 50 yen higher compared to the end of last week. It opened with selling dominance but reversed to an upward trend. At 9:17 AM, it reached a price of 39,238 yen and 75 sen, up 89 yen and 32 sen. After that, it has been moving within the range near the previous week's closing price. Among the stocks included in the Nikkei Average, the top gainers include Credit Saison <8253.T>, Ebara <6361.T>, NXT <9147.T>, and ENEOS <5020.T>.

Kabushiki Shimbun21:20 ET

The Nikkei average is down about 50 yen, showing a soft trend due to concerns over U.S. Autos tariffs = morning session on the 17th.

On the morning of the 17th, the Nikkei average stock price fluctuated around 39,100 yen, down about 50 yen from the previous weekend. At 9:01 AM, it reached 39,021.23 yen, down 128.20 yen. U.S. President Trump announced on the 14th local time that he would reveal tariffs on imported Autos around April 2. There are concerns about the impact on Japan's automotive industry, the mainstay of exports, leading to a weak performance in automotive-related stocks. The strengthening of the yen in the currency market is also a burden. U.S. stocks on the 14th local time.

Kabushiki Shimbun20:04 ET

Market Overview early information = Main market order situation before the morning session (2) Yusen, Tokyo Metro, Mizuho, ETC.

As of 8:50 AM on the 17th, the main pre-opening market order status is as follows: Yusen <9101.T> Sell 40,000 shares, Buy 30,000 shares. Tokyo Metro <9023.T> Sell 20,000 shares, Buy 20,000 shares. Advantest <6857.T> Sell 80,000 shares, Buy 40,000 shares. Rakuten <4755.T> Sell 470,000 shares, Buy 330,000 shares. Renesas <6723.T> Sell 40,000 shares, Buy 100,000 shares. Mizuho <8411.T> Sell 140,000 shares, Buy 170,000 shares. Provided by Wealth Advisor Corporation.

Kabushiki Shimbun18:54 ET

Trends in ADR on the 14th = In yen conversion, Kirin HD, Rakuten, Japan Steel, ETC are high.

On the 14th, the American Depositary Receipts (ADRs) showed mixed results in terms of yen conversion compared to the closing prices in Tokyo from the previous Friday. In yen terms, Kirin Holdings <2503.T>, Rakuten <4755.T>, Nippon Steel <5401.T>, Asics <7936.T>, and Tokyo Electric Power Holdings <9501.T> were higher. On the other hand, Keyence <6861.T>, ROHM <6963.T>, Olympus <7733.T>, Mitsubishi Corporation <8058.T>, and SoftBank Group <9984.T> were softer.

Kabushiki Shimbun17:39 ET