Itochu to Buy 10.74% Stake in CSN's Iron Ore Producer for $769m

Yahoo FinanceNov 7 06:50 ET

The afternoon Nikkei average started at a decrease of 32 yen, with companies such as Nitori HD and Itochu Corporation experiencing a decline.

[Nikkei Stock Average・TOPIX (Table)] Nikkei Average: 39448.08; -32.59 TOPIX: 2745.67; +29.75 [Afternoon Opening Overview] The Nikkei Average in the afternoon started at 39,448.08 yen, down 32.59 yen from the previous day's closing (39,321.87 yen), narrowing the decline. During lunchtime, the Nikkei 225 futures traded strong in the range of 39,360 - 39,510 yen. The USD/JPY rate is around 154.40-50 yen per dollar, depreciating by about 20 sen from around 9 a.m.

Fisco JapanNov 6 22:59 ET

Nikkei Average Contribution Ranking (before closing) - The Nikkei Average fell for the first time in three days, with Fast Retailing pushing down about 115 yen per share as one stock.

7 days ago at the closing time, the Nikkei average composition stocks had 161 stocks increased, 64 stocks decreased, and 0 stocks unchanged. The Nikkei average fell for the first time in 3 days. It ended the morning session at 39,321.87 yen, down 158.80 yen (-0.40%) from the previous day, with an estimated volume of 1.43 billion shares traded. On the 6th, the U.S. stock market surged significantly. Dow Inc rose 1,508.05 points to 43,729.93, while nasdaq closed at 18,983.46, up 544.29 points.

Fisco JapanNov 6 22:28 ET

Three key points to focus on in the morning session ~ Assessing the sustainability of Trump trade while considering risk preferences ~

In the trading session of 7 days ago, the following three points are worthy of attention: - Assessing the sustainability of Trump trades while considering risk preferences - JFE, downward revision on 3/25, operating profit 160 billion yen ← 260 billion yen - Focus of the morning session: Tsugami, China's annual production to increase by 20% to 0.022 million units, expanding lathe and MC products While assessing the sustainability of Trump trades amidst risk preferences, the Japanese stock market on the 7th started with buying activity and seems to have a confrontation at 0.04 million yen. On the 6th, the US market saw the Dow Jones Industrial Average rise by 1508 points, Nasdaq...

Fisco JapanNov 6 20:14 ET

The Nikkei average started 264 yen higher, with Dai-kin, Mitsubishi UFJ, etc. rising.

[Nikkei Stock Average・TOPIX (Table)] Nikkei Average; 39745.23; +264.56 TOPIX; 2740.64; +24.72 [Opening Summary] On the 7th, the Nikkei Average started the trading session with an increase of 264.56 yen to 39,745.23 yen, marking a third consecutive rise. The previous day, the U.S. stock market on the 6th showed significant gains. The Dow Jones Industrial Average closed at 43,729.93, up 1,508.05 points, while the Nasdaq ended trading at 18,983.46, up 544.29 points. The uncertainty was dispelled after the presidential election passed.

Fisco JapanNov 6 19:30 ET

Tsugami, Hitachi Construction Machinery, etc. [List of stock information from newspapers]

*Tsugami <6101> china's annual production increases by 20% to 0.022 million units, expanding lathe and MC products (Nikkan Sangyo front page) - ○*NTT <9432> Docomo, full-scale introduction of virtualized base stations next fiscal year, multiple companies' products can be used (Nikkan Sangyo page 3) - ○*Tadano <6395> Acquires transportation system from IHI group, strengthens overseas expansion (Nikkan Sangyo page 4) - ○*Itochu <8001> Additional investment of 117 billion yen in Brazilian iron ore (Nikkan Sangyo page 4) - ○*Hino Motors <7205> Introduces full-flat EV route buses, benefits.

Fisco JapanNov 6 18:21 ET