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The sudden drop of Fast Retailing is a burden.
The Nikkei average has fallen for three consecutive days, closing down 414.69 yen at 39,190.40 yen (estimated Volume 1.7 billion 30 million shares), below the psychological threshold of 39,500 yen. The operating profit for Fast Retailing <9983> for the September-November 2024 period announced the previous day fell below market Financial Estimates, causing the company's stock to drop nearly 8% at one point. The decline widened toward the middle of the morning session, reaching as low as 39,166.05 yen. However, due to the consecutive declines, there was buying aimed at a rebound in the afternoon session.
Hitachi, Symphonia, etc. [List of stock materials from the newspaper]
* Hitachi <6501> utilizes the Metaverse to streamline sewerage maintenance and data center management (Nikkan Kogyo, page 1) - ○ * Kaneka <4118> acquires an Israeli company, developing aneurysm treatment devices (Nikkan Kogyo, page 3) - ○ * Marubeni <8002> establishes a sales company for machinery in India, enhancing services and sales (Nikkan Kogyo, page 4) - ○ * Symphony <6507> autonomous transport for semiconductor panels, up to 600 mm square, for advanced back-end processes (Nikkan Kogyo, page 9) - ○ * Iseki Agriculture <6310> automates straight-line harvesting, reducing labor for large combines.
Reports regarding Trump tariffs are a burden.
The Nikkei average experienced a significant decline, finishing at 39,605.09 yen, down 375.97 yen (Estimated Volume of 1.8 billion 40 million shares). Selling became prominent due to some reports regarding tariffs in the USA and the tightening of export regulations on Semiconductors to China. With the US market being closed on the 9th, selling by European players was also observed, along with position adjustments ahead of the SQ calculation date for January futures, leading to a drop to 39,385.05 yen during the mid-afternoon session. In the latter part of the session, there was some buying on dips.
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Spotify Technology Analyst Ratings
