The willingness to buy on dips is strong when prices fall below 38,000 yen.
The Nikkei average rebounded for the first time in three days. It closed at 38,349.06 yen, up 214.09 yen (volume approx. 1.68 billion shares) at the end of trading. Selling pressure dominated from the beginning due to the previous day's decline in US stocks, causing the index to drop to 37,801.62 yen shortly after the start of trading. Subsequently, moves to buy back tech shares intensified, especially triggered by reports from US media that "US semiconductor regulations on China will not be stricter than before", leading to a turnaround in the market and an expansion of gains towards the afternoon session.
Stocks that hit the daily limit up or down in the morning session.
■Limit up <3242> Arbanet Corporation <5247> BTM <6525> KOKUSAI ELECTRIC <7163> Sumitomo Mitsui Trust SBI Net Bank <7746> Okamoto Glass ■Limit down *Includes temporary limit up/down (indicative prices).
Obayashi Corporation, Kajima, etc. (additional) Rating
Upgrade - bullish Code Stock Name Brokerage Firm Previous Change After ------------------------------------------------------ <1803> Shimizu Corporation Nomura "Neutral" "Buy" Downgrade - bearish Code Stock Name Brokerage Firm Previous Change After ------------------------------------------------------ <1801> Taisei Corporation Nomura "Buy" "Neutral"
Rating [security companies rating]
Upgrades - bullish Code Stock Name Brokerage Firm Previous Change After -------------------------------------------- <4689> LINE Yahoo Okasan "hold" "bullish" Downgrades - bearish Code Stock Name Brokerage Firm Previous Change After -------------------------------------------- <9468> KADOKAWA Mizuho "buy" "hold"
T-Gaia, Shingakukai Holdings.
<3738> Shareholding ratio of Gaia Inc. and Sumitomo Corporation 41.63% → 41.63% Reporting duty start date 2024/11/20 <9760> Shareholding ratio of Shingakukai Holdings Inc. and Gakken Holdings Inc. 12.02% → 11.01% Reporting duty start date 2024/11/21
Panasonic HD, Toyota, etc.
Panasonic HD <6752> to enter North American water heater business, partnering with US sales company (Nikkan Kogyo page 3) - ○ Mitsubishi Electric Corp. <6503> to unveil Quasi-Zenith Satellite 'Michibiki' 6, heading to space within the fiscal year (Nikkan Kogyo page 3) - ○ Sumitomo Corp. <8053> Considering investment in Yokado, expecting synergy effect in the capital region (Nikkan Kogyo page 3) - ○ Matsuya <8237> Integrating physical stores and digital platforms, expanding product lineup, targeting younger age groups (Nikkan Kogyo page 4) - ○ Itochu <8001> Forming a capital alliance with emission management startup, launching new business in decarbonization support