Jefferies Adjusts Advantest's Price Target to 11,500 Yen From 11,000 Yen, Keeps at Buy

MT NewswiresFeb 17 04:39 ET · Ratings

Amid concerns over Trump tariffs, funds are flowing into companies with strong earnings reports.

The Nikkei average rebounded slightly, closing at 39,174.25 yen, up 24.82 yen (with an estimated Volume of 1.8 billion 70 million shares). Due to concerns over tariff policies from the Trump administration, selling, particularly in the autos sector, started off slightly ahead. Furthermore, preliminary GDP figures for the domestic economy in the October to December 2024 period exceeded market Financial Estimates, which was perceived as supporting expectations for early interest rate hikes from the Bank of Japan, contributing to a stronger yen, which moved to 151 yen per dollar, negatively impacting investment sentiment. However, the day

Fisco JapanFeb 17 02:38 ET

JP Movers | Nippon Express Holdings Rose 8.29%, Leading Nikkei 225 Components, Disco Topped Turnover List

Market sentiment was stable today as Nikkei 225 components continued to trade sideways, with Nippon Express Holdings(9147.JP) being the top gainer today, rising 8.29% to close at 2712.0 yen. In addition, the top loser was Dentsu Group(4324.JP)，falling 13.03% to end at 3056.0 yen.

Moomoo NewsFeb 17 01:50 ET

The Nikkei average is up about 40 yen, with Advantest, Sony Group Corp, and SoftBank Group being the top contributors.

At 12:47 PM on the 17th, the Nikkei Stock Average was around 39,190 yen, approximately 40 yen higher than the previous weekend. In the afternoon session, trading started around the previous closing price. Although there were instances of a downward shift, the price continued to fluctuate around the previous weekend's closing price. The exchange rate was at 151 yen and 60 sen per dollar, currently swaying towards yen appreciation. In terms of positive contributions to the Nikkei Stock Average constituents, Advantest <6857.T>, Sony Group Corp <6758.T>, and SoftBank Group <9984.T> ranked at the top.

Kabushiki ShimbunFeb 16 22:56 ET

Determine the resilience of high-tech stocks.

[Stocks Opening Comment] The Japanese stock market on the 17th is likely to experience a tough yet steady market development. On the 14th, the US market saw the Dow Jones Industrial Average down by 165 points, while the Nasdaq rose by 81 points. Retail revenue in January fell more than expected, leading to a Sell-off, particularly in economically sensitive stocks. On the other hand, some tech stocks like NVIDIA were purchased, with the Nasdaq Index continuing to rise for three days. The Chicago Nikkei 225 Futures are 10 yen lower than Osaka at 39,100 yen. The yen exchange rate is 1 dollar = 152 yen.

Fisco JapanFeb 16 18:31 ET

The weekend's adjustments in positions have also resulted in active selection based on earnings reports.

The Nikkei average fell for the first time in four trading days. It closed at 39,149.43 yen, down 312.04 yen (with an estimated Volume of 2 billion 30 million shares). Profit-taking Sell orders were prioritized due to the backlash from consecutive days of rising stock prices. Although there were moments when it briefly turned positive at 39,543.93 yen, the yen exchange rate temporarily settled at around 152 yen to the dollar, which also led to profit-taking. Additionally, since the US market will be closed on the 17th, it seems there were movements for adjusting positions as well. The Nikkei average is expected to be followed.

Fisco JapanFeb 14 02:38 ET