Mitsubishi Electric Signs Joint Research Agreement With Six Organizations Including SoftBank

Seeking Alpha02:50 ET

The Nikkei Stock Average is about 20 yen higher, with positive contributions from Itochu, SoftBank Group, and NINTENDO CO LTD ranking at the top.

On the 27th at 12:46 PM, the Nikkei stock average was around 38,160 yen, down about 20 yen compared to the previous day. Although buying was dominant at the start of the afternoon session, the market has shown a heavy upward trend. The foreign exchange market is fluctuating around 149.20 yen per dollar. Among the stocks included in the Nikkei average, the top contributors positively were ITOCHU <8001.T>, SoftBank Group <9984.T>, and NINTENDO CO LTD <7974.T>. The negative contributors were ADVANTEST <6857.T> and 7&I Holdings <3.

Kabushiki Shimbun22:53 ET

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

List of cloud break stocks (Part 2) [Ichimoku Kinko Hyo - List of cloud break stocks]

○ List of stocks that have fallen below the cloud in the market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Main Board ＜1662＞ Petroleum Resources 1118 1147.75 1122.5 ＜1969＞ Takasago Thermal 5421 6199.75 5647.5 ＜2108＞ Beet Sugar 2334 2350.25 2398 ＜2168＞ Pasona 1994 2025.75 2003 ＜2305＞ Studio Alice 2050 2104.

Fisco JapanFeb 25 17:49 ET

The trends of ADR on the 25th = INPEX, Sony Group Corp, Advantest, etc. are down in yen conversion.

On the 25th, the American Depositary Receipts (ADR) showed a general decline compared to the closing price in Tokyo on the same day, when converted to yen. In yen terms, INPEX <1605.T>, Sony Group Corp <6758.T>, Advantest <6857.T>, Tokyo Electron <8035.T>, and Mitsubishi UFJ <8306.T> were among those that declined. Shin-Etsu Chemical <4063.T>, Fujifilm <4901.T>, Toyota <7203.T>, Nomura <8604.T>, and SoftBank Group <9984.T> also showed weakness. Provided by Wealth.

Kabushiki ShimbunFeb 25 17:40 ET