Insights Into Sony Group's Upcoming Earnings
Profit-taking dominant near 0.04 million yen, but Trump trade continues.
The Nikkei Average fell. It ended trading at 39,381.41 yen, down 99.26 yen (with an estimated volume of 2.750 billion shares). In the U.S. market on the 6th, former President Trump, the Republican candidate, won the presidential election held on the 5th and the Republican Party secured a majority in the Senate in the federal congressional elections. Expectations are rising for Trump to push ahead with tax cuts and deregulation promised, leading to major stock indexes hitting record highs across the board. Following this trend, the Tokyo market opened with buying ahead, and the Nikkei Average stock price reached the opening price.
Active and newly established stocks in the afternoon session.
*Da Cheng Construction <1801> 7350 +8652 Announced upward revision of operating profit and net profit forecast for the fiscal year ending March 2025. Announcement of share buyback of 16.41% of issued shares. *Nisshinbo HD <3105> 929.3 -40.32 Revised downward the earnings forecast for the fiscal year ending December 2024. *Toray Inds Inc <3402> 951.4 +105.92 Revised upward the profit forecast for the fiscal year ending March 2025. Also announced share buyback up to 9.67% of issued shares. *Shinko Shoko <8075> 6440 +250 Raised the operating profit forecast for the fiscal year ending March 2025.
The Nikkei average fell for the first time in 3 days, with a backlash from the sharp rise the previous day taking precedence.
On the 6th, the US stock market saw a significant rise. The Dow Inc rose by $1508.05 to $43729.93, while the Nasdaq rose by 544.29 points to 18983.46 at the close of trading. Boosted by optimism following the presidential election clearance, there was strong buying interest post-opening leading to a significant increase. Expectations for pro-business policies of the second Trump administration, such as deregulation leading to increased corporate earnings, accelerated the buying interest and the market remained firm throughout the day. Positive views on the economy and the Federal Reserve Board's Federal Open Market Committee (FRB) led to optimistic sentiment.
Stocks hitting the upper or lower price limit in the afternoon session.
■Stem inc. <1801> Dai construction <265A> Hmcomm <269A> Sapeet <3077> Hori Food Service <3106> Kurabou <3985> Temona <5025> Mercury <6180> GMO broadcasting <6622> Daihen <6787> Maikoh <7518> Net One Systems <9127> Tamai Shipping <9685> KYCOM Holdings ■Stem inc. <6026> GMO Tech <7063> Birdman <9
Mitsubishi Heavy Industries, Yamazaki Baking, etc. (additional) Rating
Downgrade - Bearish Code Securities Company Formerly Changed After -------------------------------------- <2413> M3 IWAI Cosmo "B+" "B" <4549> Eiken Chemicals Mizuho "Buy" "Hold" Target Stock Price Change Code Stock Name Securities Company Formerly Changed After ----------------------------------------