GM, Other US Automakers Face Sharp Profit Squeeze From Trump Tariffs, Analysts Warn

BenzingaNov 29 12:14 ET

Despite the progress of the yen's appreciation, there is a strong price movement around 38,000 yen.

The Nikkei average fell. It ended the trading at 38,208.03 yen, down 141.03 yen (with a volume of approximately 1.62 billion shares). With Thanksgiving in the US the previous day causing a lack of clues in the market, the yen's temporary increase to the 149 yen per dollar range due to the announcement of the November Consumer Price Index (CPI) for Tokyo's wards before the start of trading was not well received. Export-related stocks were mainly sold, and there were moments when the Nikkei average dropped to 37,986.97 yen in the mid-morning session. However,

Fisco JapanNov 29 02:37 ET

Nikkei average falls, with yen appreciation accelerating, but financial stocks providing support among others.

Last night's usa market was closed for the Thanksgiving holiday. The currency exchange market saw continued lack of movement in the trading of major currencies. The dollar-yen exchange rate struggled to rise. After being bought up to 151.77 yen at one point, it dropped to 151.41 yen, closing at 151.50 yen. Although the usa market was closed, the consumer price index for the Tokyo metropolitan area announced in the morning exceeded market financial estimates, strengthening the expectations for an interest rate hike by the bank, pushing the dollar to the 149 yen level for the first time in a month. In response to the yen's appreciation in the currency exchange, the Tokyo market sold.

Fisco JapanNov 29 02:00 ET

Active and newly listed stocks during the morning session.

*World <3612> 2158 +228 Mitsubishi Corporation to fully subsidiary a subsidiary company. *Goodcome Asset <3475> 867 +81 Evaluated for upward revision of earnings forecast and increased dividends. *Jus Spirits <2222> 2087 +144 Newly recommended for buying by Goldman Sachs Securities. *Noritz Steel Machinery <7744> 4605 +280 Performance forecast heading towards another upward revision. *Toho Titanium <5727> 1032 +46 Reported that Japanese-made titanium is gaining momentum.

Fisco JapanNov 29 00:06 ET

Japan Oxygen HD, Kao, etc. (additional) Rating

Target Stock Price Change Code Stock Name Securities Company Former After ----------------------------------------------- <1801> Taisei Construction Morgan S 7300 yen 8100 yen <1802> Obayashi Construction Morgan S 2350 yen 2500 yen <1803> Shimizu Construction Morgan S 800 yen 1050 yen <3288> Open H Mizuho 5800 yen 6100 yen <3397> Tridol HD Morgan S 2800 yen 2900 yen <4091> Japan Acid

Fisco JapanNov 28 21:27 ET

Fanuc Corp ranks in, cautious about some reports related to EMC malpractice.

Fanuc Corp <6954> ranks in (as of 10:32). Significantly continues to decline. Some broadcasting reports indicate that EMC irregularities have been revealed, which are considered quite malicious among the previous quality irregularities, becoming a matter of concern. It seems that they have been shipping products that do not comply with the essential EMC directive for the European market. However, the company has set up a special investigation committee in April, and there is a possibility that the tests conducted on November 21 may not have been in compliance with the standards.

Fisco JapanNov 28 20:37 ET