The trend is shifting to search for lower price targets due to worsening signals.
The Nikkei average fell significantly for four consecutive trading days, closing down 716.10 yen at 38,474.30 yen (estimated Volume of 1.9 billion 50 million shares), marking a drop below 39,000 yen for the first time since December 20 last year. In the USA market, technology stocks were sold off, particularly after the Biden administration announced new export regulations on Artificial Intelligence (AI) Semiconductors, which led to a similar trend in the Tokyo market. The downward trend of the Nikkei average strengthened, and at one point during the afternoon session, it was seen falling to 38,305.91 yen.
Stocks that hit the upper or lower limit in the afternoon session.
■ Limit Up <3254> Presan Corporation <4370> Mobilu <4421> D.I. System <4889> Renascience <5247> BTM <6255> N.P.C ■ Limit Down <244A> Growth Expert Partners <274A> Garden <3267> Phil Company <9229> Sanwells *Includes temporary limit up and down (indicative prices).
Stocks that moved or were traded in the first half of the session.
*PR TIMES <3922> raised its operating profit Financial Estimates for 2018 by +27,625. *Inter Action <7725> 1100 +108 revised its full-year forecast upward due to significant profit increase in the first half. *Cosmos Pharmaceutical <3349> 7347 +4529 landed above market expectations for the November term results. *Ryohin Keikaku <7453> 3744 +209 received positive evaluations for its first quarter financial results exceeding expectations. *M3 <2413> 1459.5 +49.5 Merrill Lynch.
BS11---In the first quarter, there was a double-digit increase in profits, with a decrease in costs primarily in the cost department.
On the 9th, Japan BS Broadcasts <9414> announced its consolidated financial results for the first quarter of the fiscal year ending August 2025 (September-November 2024). Revenue decreased by 2.1% year-on-year to 2.892 billion yen, operating profit increased by 44.4% to 0.545 billion yen, ordinary profit increased by 45.0% to 0.549 billion yen, and net profit attributable to the parent company's shareholders increased by 47.1% to 0.365 billion yen. Broadcast revenue was 2.573 billion yen, down 0.9% from the same period last year. Time revenue saw strong sales in the shopping segment.
Stocks reaching the upper and lower limits in the first half of the trading session.
■Stop High <4370> Mobilus <4421> D.I. System <4889> Renascience <6255> NPC ■Stop Low <244A> Growth Experts <274A> Garden <3267> Phil Company <9229> Sun Wells ※Includes temporary stop high or low (quoted value).
Tosei, Aeon Delaire, Etc (additional) Rating
Upgraded - Bullish Ticker Symbol Company Name Brokerage Firm Previous Change After --------------------------------------------------- <7735> Screen Mizuho "Hold" "Buy" Downgraded - Bearish Ticker Symbol Company Name Brokerage Firm Previous Change After --------------------------------------------------- <6586> Makita GS "Buy" "Hold" <6857> Advante Mizuho "Buy"