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The Japanese stock market soared nearly 9% in a single week, the largest increase in four years! Japanese investors are celebrating: the familiar feeling has returned.
According to market data, the Nikkei 225 index rose by 3.6% to 38,062.67 points on Friday, resulting in a stunning 8.7% increase for the week, marking the largest weekly gain since the beginning of the pandemic in April 2020. Meanwhile, the TOPIX index also rose 3% on the day and posted a weekly gain of approximately 8%.
Rating [security companies rating]
Upgrade - Bullish Code | Brand Name | Securities Company | Before Change | After Change | ------ | ----------- | ------------ | ----------------- | ------------- | <7203> | Toyota | Mito | "B+" | "A" | <4021> | Nissan Chemical | City | "hold" | "buy" | <4506>
SBI securities (pre-market) sell more Laser Tech, and buy more Toyota Motor.
Sell Code Stock Name Transaction Amount (6920) Laser Tech 38,894,894,530 (6146) Disco 33,584,967,440 (1570) NEXT FUNDS Nikkei 225 Leveraged Index Exchange Traded Fund 27,083,127,448 (7011)
Although political instability is increasing slightly, the rebound trend continues.
The Nikkei Average has risen for 3 consecutive days. It closed trading at 36,442.43 yen, up 209.92 yen (with a trading volume estimate of 1.970 billion 70 million shares). In the morning, following the rise in US stocks on the previous day, buying began to lead, and the Nikkei Average rose to 36,683.89 yen shortly after the start of trading. However, the immediate sense of achievement was easily noticeable due to the filling of the steep drop on the fifth day the previous day, and profit-taking was easy after the one-time purchase. In addition, in the middle of the morning session, multiple domestic broadcasting reported that Kishida, the Prime Minister, would not run for the presidential election.
Nikkei Average has risen for three consecutive days, but the direction is uncertain after the round of buying due to Prime Minister Kishida's decision not to run in the election.
On the 13th, the US stock market rose. The Dow Jones Industrial Average closed at 39,765.64, up 408.63 points (+1.04%), the Nasdaq closed at 17,187.61, up 407.00 points (+2.43%), and the S&P 500 closed at 5,434.43, up 90.04 points (+1.68%). Buying increased due to lower-than-expected July Producer Price Index (PPI), and the market continued to rise after opening. The Consumer Price Index (CPI) will be announced on the 14th.
SBI Securities (pre-market) buys Toyota Motor and Laser Tech beyond expected amount.
Sell Code Stock Name Trading Value (6920) Laser Tech 39,401,930,840 (6146) DISCO 31,568,746,970 (1570) NEXTFUNDS Nikkei Average Index Fund 17,663,775,210
