Funds tend to concentrate on stocks evaluated at the fiscal year-end.

The Nikkei average stock price rebounded. It closed at 39,500.37 yen, up 118.96 yen (approximate volume of 2.4 billion shares). In the U.S. market on the 7th, while the NY Dow Jones Industrial Average fell slightly, a portion of tech stocks were bought, and the NASDAQ hit a record high for several consecutive days, starting with buying. However, as it approached the 0.04 million yen milestone, profit-taking sales were easily triggered, peaking at 39,818.41 yen shortly after the opening, leading to a trend of profit-taking dominance, with weekend factors causing a temporary drop to 39,377 in the afternoon.

Fisco JapanNov 8 02:15 ET

The Nikkei Average rebounded, with attention shifting to earnings stocks after some buying and selling.

On the 7th, the US stock market was mixed. The Dow Jones Industrial Average closed at 43,729.34, down 0.59 points, while the Nasdaq closed at 19,269.46, up 285.99 points. Buying sentiment continued to be positive due to Trump's victory in the presidential election, and expectations of interest rate cuts at the Federal Open Market Committee (FOMC) led to buying interest. The Nasdaq continued to rise after the opening, following the expected interest rate cut by the Federal Reserve Board (FRB) at the FOMC, resulting in a decline in long-term interest rates, and Nasdaq reached a new all-time high for consecutive days.

Fisco JapanNov 8 02:00 ET

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

■ Lannett Co Inc <1439> Yasue Construction <2435> Cider <265A> Hmcomm <3696> Seres <3857> Rack <3917> Eyelid <4054> Japan Information Create <5025> Mercury <5801> Furukawa Electric Industry <6203> Toyowa Industry <6640> I-PEX <6787> Maiko ■ Stop Loss <269A> Sapeet <3350> Metaplanet <7063> Birdman <7071> Ambis Holdings※

Fisco JapanNov 8 01:42 ET

November 8th [Today's Investment Strategy]

[FISCO Selected Stock] [Material Stock] Furukawa Electric Industry <5801> 4031 yen (11/7) The forecast for the performance for the fiscal year ending March 2025 has been upwardly revised. Operating profit is expected to be 38 billion yen (3.4 times the previous year). It has been raised by about 52% from the previous forecast. This is due to productivity improvements in the automotive parts business, sales growth in data center-related products, domestic ultra high pressure and renewable energy-related products, and functional lines. The year-end dividend (= annual dividend) is set at 90 yen. The previous forecast was 60 yen, and the previous period was 6.

Fisco JapanNov 7 19:28 ET

From the calm of the Trump trade, it moves to earnings-focused stock picking.

[Stock Opening Comments] On the 8th, the Japanese stock market started with buying, but it seems to gradually become deadlocked. On the 7th, the US market saw the dow jones industrial average drop by 0.59 dollars, while the nasdaq rose by 286 points. The Federal Reserve (FRB) decided to lower interest rates by 0.25% as expected at the Federal Open Market Committee (FOMC) meeting, leading to a decrease in long-term interest rates in the USA. The nasdaq continued to rise as it hit record highs daily. On the other hand, the victory of Mr. Trump in the US presidential election the previous day was well received.

Fisco JapanNov 7 18:40 ET

Focus on Furukawa Electric and Ajinomoto, while Rohm and Nissan Motor are sluggish.

In the U.S. stock market on the 7th, the NY Dow Jones Industrial Average closed down 0.59 points at 43,729.34, the NASDAQ Composite Index closed up 285.99 points at 19,269.46, and the Chicago Nikkei 225 futures closed 450 yen higher at 39,690 yen compared to Osaka daytime trading. The exchange rate is 1 dollar = 152.90-153.00 yen. In today's Tokyo market, Kao Co., Ltd. <4452> reported a 99.3% increase in cumulative operating profit for the third quarter, Kurita Water Industries Co., Ltd. <6370> revised upwards its financial estimates for the fiscal year ending March 2025.

Fisco JapanNov 7 18:15 ET