With limited participants, export stocks are leading the market.
The Nikkei average continued to rise significantly, closing at 39,568.06 yen, up 437.63 yen (with an estimated Volume of 1.9 billion 60 million shares). With European and American markets closed, market participants were limited and the day started slightly lower. However, as the yen temporarily weakened to around 157 yen per dollar, export stocks such as Automobiles were actively bought, and the Nikkei average even extended its gains to 39,592.28 yen towards the end of the afternoon session. Additionally, as the final trading day for year-end settlements approached, individual tax-saving sell-offs also peaked.
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The impact of rising U.S. tech stocks is limited, leading to a shift towards value stocks.
The Nikkei Average fell. It closed at 39,036.85 yen, down 124.49 yen (Volume estimated at 1.8 billion and 40 million shares). Following the rise in US stocks the previous day, buying began to lead, and shortly after the opening, it increased to 39,245.75 yen. However, with the Christmas holiday approaching, the movements of Overseas investors were sluggish, and there was no active push for higher prices. Subsequently, the focus shifted to profit-taking rebalance movements, and by the end of the first half, it dropped to 38,995.76 yen, approaching the key level of 39,000 yen.
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