The Nikkei average rebounded for the first time in 9 days, with futures leading to an increase of more than 1000 yen at one point.

The US stock market rose on the 26th. The Dow Jones rose 654.27 points (+1.64%) to 40,589.34, the Nasdaq rose 176.16 points (+1.03%) to 17,357.88, and the S&P 500 closed at 5,459.10, up 59.88 points (+1.11%). Buying on good earnings from major companies led the way and rose after the opening. The PCE price index also stayed within expectations and confirmed a trend of slowing inflation, prompting buying expectations for rate cuts later this year.

Fisco Japan03:54 ET

Autonomous rebound buying is predominant, reflecting the high stock prices of the US stock market and others.

The Nikkei average rebounded for the first time in nine business days, closing at 38,468.63 yen (+801.22 yen) (with volume estimated at 1.6 billion 10 million shares). In addition to the buying of high-tech stocks due to growing expectations of interest rate cuts in the US market at the end of last week, the Nikkei average also saw buying aimed at autonomous rebound as it had fallen more than 3600 yen in eight business days, and it recovered in the 38,000 yen range at the start. In the mid-morning of the morning session, it rose to 38,719.70 yen. However, a financial policy decision meeting between Japan and the United States will begin tomorrow, on which the Nikkei market has a keen eye.

Fisco Japan03:01 ET

Active and newly listed stocks during the morning session.

* Tokyo Steel <5423> announced a self-share buyback plan in addition to revising its performance guidance upward by 300 points. * Fourth Hokuriku FG <7327> announced an increase in dividends in addition to revising its first-half performance guidance upward by 690 points. * SG Holdings <9143> presents a solid financial report on the 1st quarter that exceeds market expectations, which is reassuring to investors. * Monex Group <8698> is positively impacted by announcing a share buyback plan. * Shichijo Shinkin Bank <8341> rose 330 points to 4,570 points.

Fisco Japan01:35 ET

SMS, Mabuchi, etc. (additional) Rating

Upgrade Rating - Bullish Code | Stock Name | Securities Company | Conventional | After Change | -- | --------- | ---------- | -------------- | -------------- | <5801> | Furukawa Electric | SMBC Nikko | "2" | "1" | <5803> | Fujikura | SMBC Nikko | "2" | "1" | <8630> |

Fisco Japan23:27 ET

Hitachi Construction Machinery's stock has fallen sharply, with double-digit profit decline in the first quarter, lower than consensus.

Fell sharply. The first quarter earnings were announced last week, with operating profit of 32.8 billion yen, a 14.0% decrease compared to the same period last year. The progress rate for the full-year plan of 161 billion yen, a 1.0% decrease from the previous period, remains at 20%, and the market consensus is believed to have fallen more than 10 billion yen. The company seems to be generally in line with expectations, but the yen's depreciation is believed to have been supportive, and demand in Asia and Oceania appears to have fallen more than expected. Expectations of an upward trend in performance have declined.

Fisco Japan21:29 ET

Investment strategy for today, July 29th.

[Fisco selected stock] [Material stock] MK Seiko <5906> 400 yen (7/26) handles repair equipment for cars such as gate-type car wash machines and transportation information boards. It has revised its financial estimates for the first half of 25 years ending March. Operating profit is expected to be 1.1 billion yen (an increase of 12.1% compared to the same period last year). The previous estimate was doubled. Due to the strong investment interest in improving non-oil revenue and the demand for labor-saving maintenance operations, the SS business is doing well. The full-year estimate has not been revised. Operating profit for the year ending March 25 is 10.0.

Fisco Japan20:35 ET