After the sell-off of ASML shock, we are in a stalemate.

The Nikkei average posted a significant decline for the first time in five business days. It closed at 39,180.30 yen, down 730.25 yen (volume approximately 1.6 billion 10 million shares). Following the selling pressure on semiconductor-related stocks in the previous day's USA market, selling pressure predominantly focused on tech stocks. The Nikkei average widened its losses from the opening, quickly dropping to 39,062.85 yen shortly after the start of trading. However, as it did not break below the psychologically significant level of 39,000 yen, there were scattered buy orders aiming for a self-rebound.

Fisco Japan29minutes ago

Stocks hitting the upper or lower price limit in the afternoon session.

■Limit Up <1434> JESCO Holdings <2156> Sailor Advertisement <2936> BASE FOOD <3779> Jay Escom Holdings <4918> Ivy cosmetic <6814> Furuno Electric <9264> Poec■Limit Down <2530> MAXIS huaan China Connect Listed Investment Trust <3803> Image Information Development <5246> ELEMENTS ※ Includes temporary limit up and down (indication price)

Fisco Japan43minutes ago

Furuno Electric is the top gainer [Top 10 stocks in Tokyo Stock Exchange Main Board by volume, increase rate, decrease rate]

- Top 10 stocks by volume: Code / Stock / Current Price / Change from Previous Day / Volume NTT / 148.31 / +21.49 / 16730 JDI / 22.11 / -27.54 / 30037 Mitsubishi Heavy / 253.5 / +13.56 / 59439 SoftBank / 190.6 / -0.95 / 78783 Nikkei Double / 3477.35 / +206.13 / 60 Nikkei Bear 2 / 295.9 / +11.14 / 45029 Mitsubishi UFJ / 159.03 / +30.88 / 88008

Fisco Japan02:19 ET

Furuno Electric---Stop high buying indications, significantly upward revision of performance and dividend financial estimates.

There is a buying trend with the stock price hitting the daily limit. The company announced its first-half financial results the day before, with an operating profit of 7.3 billion yen, an increase of 95.7% compared to the same period last year, significantly exceeding the previous estimate of 4.5 billion yen. It seems that the robust demand environment, especially in the shipping business, is continuing better than expected. Furthermore, the full-year forecast has been revised upward from the previous 6.5 billion yen to 11 billion yen, a 68.7% increase from the previous year, now expecting a significant profit increase. The annual dividend plan has also been significantly raised from the previous 40 yen to 75 yen.

Fisco Japan23:30 ET

October 16th [Today's Investment Strategy]

[Fisco Selected Stock] [Material Stock] Furuno Electric <6814> 1705 yen (10/15) Engaged in marine electronic equipment such as fish finders. Raised its financial estimates for the fiscal year ending February 2025. Operating profit is expected to be 11 billion yen (a 68.7% increase from the previous year). This was raised by about 69% from the previous estimate. The robust demand environment continues to be centered on the marine business. The exchange rate assumption is 1 dollar = 149 yen. At the same time, it announced an annual dividend of 75 yen. The previous estimate was 40 yen, and the annual dividend for the previous fiscal year was 60 yen.

Fisco Japan20:00 ET

A decrease in the Nikkei Stock Average does not necessarily have a calming effect on sentiment.

[Stock Opening Comments] The Japanese stock market on the 16th took a complete turn from the previous day, starting with a gap down and it seems there will be a battle around the 39,000 yen level. On the 15th, the American market saw the dow jones industrial average drop by 324 points, while the nasdaq fell by 187 points. Semiconductors such as nvidia and Advanced Micro Devices were concerned due to reports that the US government is considering country-specific export restrictions. In addition, ahead of the official announcement, the earnings of ASML Holding from the Netherlands were revealed.

Fisco Japan19:33 ET