Toyota Chairman Warns He May Lose Board Spot If Investor Support Continues to Fall
After Mulling Tesla Catchup Plan, Nissan Slashes Production In Japanese Plant Due To Falling US Demand
Japanese Auto Shakeup: Mitsubishi Is Expected to Join the Alliance Between Honda and Nissan
Nikkei Average Contribution Ranking (Closing) ~ Nikkei Average rebounded for the first time in 9 days, pushed up by about 187 yen by two stocks, Toshiba Elex and Shin-Etsu Chemical.
At the closing of trading on the 29th, the number of rising stocks in the Nikkei average constituent stocks was 214, the number of falling stocks was 11, and the number of unchanged stocks was 0. The US stock market rose on the 26th. The Dow Jones Industrial Average closed at 40,589.34, up 654.27 (+1.64%), the Nasdaq closed at 17,357.88, up 176.16 (+1.03%), and the S&P 500 closed at 5,459.10, up 59.88 (+1.11%), thanks to an advance in buying following strong earnings reports from major corporations.
The Nikkei average started up 471 yen, with companies such as Toshiba and Mitsubishi Heavy Industries rising.
[Nikkei Stock Average TOPIX (Table) ] Nikkei Stock Average; 38,139.12; +471.71 TOPIX; 2,731.83; +32.29 [Opening Summary] As of July 29, the Nikkei Stock Average started with a significant rebound at 38,139.12 yen, up 471.71 yen from the previous week. In the US market on the 26th, the Dow Jones Industrial Average closed at 40,589.34 dollars, up 654.27 dollars, and the Nasdaq ended trading at 17,357.88, up 176.16 points. Buys ahead of strong earnings from major companies took the lead at the opening.
Three points to watch for in the morning session ~ After the buying frenzy, focus on individual responses based on earnings.~
In the morning session on the 27th, we want to focus on the following three points. After the first round of buying, individual responses based on financial results. Fujitsu, 1Q operating profit and loss turned into black with 21.3 billion yen. Focus materials for the morning session: Kurimoto Iron Works, restructuring of iron pipe production, and upstream process integration of two bases. After the first round of buying, individual responses based on financial results. On the Japanese stock market on the 29th, a market development with a dominant buying trend is expected in response to the high US stock market flow. In the US market on the 26th, the Dow Jones Industrial Average rose 654 dollars and the Nasdaq rose 176 points.
Kurimoto Iron Works, GS Yuasa, etc.
*Kurimoto Tekkojo <5602>: Integration of upstream processes at two locations for iron pipe production reorganization (Nikkan Kogyo front page) - ○*GS Yuasa <6674>: Production capacity of rocket thermoelectric batteries to be increased fivefold for the fiscal year ending March 29 (Nikkan Kogyo front page) - ○*NTT <9432>: Google to join IOWN international organization promoting establishment (Nikkan Kogyo front page) - ○*Mitsubishi Heavy <7011>: Increasing production of aircraft components in Vietnam with an eye on in-house manufacturing (Nikkan Kogyo front page) - ○*Toyota Motor <7203>: Expanding supply chain by establishing EV battery plant in Fukuoka (Nikkan Kogyo)
Stocks Poised for Higher Open
These 3-Year-Old Cars Will Last You Another Decade
Part 2 of the previous day's moving stocks, including J-Data, Tokyo Electron Ltd. unsponsored ADR, Nippon Pallet, etc.
Stock name <code> 26 closing price on the 26th ⇒ Decrease from the previous day Renesas Electronics <6723> 2442 -141.5, continuing unfavorable reaction to earnings announcement on the 25th. KOKUSAI ELECTRIC <6525> 3860 -235, supply-demand concerns due to lower offering price are predominant. Laser Tech <6920> 25640 -1100, sell-off continues for leading semiconductor-related stocks. Nissan Motor Co <7201> 466.2 -18.8, significant decline in Q1 earnings, financial estimates for the full year have been revised downwards.
Toyota Will Put New Engines Into 100,000 Tundra Trucks and Lexus SUVs
ADR Japanese stock ranking ~ general buying trend for companies including Shin-Etsu Chemical, Chicago at 38,235 yen, which is 545 yen higher than Osaka.
ADR (American Depositary Receipt) of Japanese stocks such as Shin-Etsu Chemical Industry <4063>, Advantest <6857>, Marubeni <8002>, Mitsui & Co. <8031>, Tokyo Electric <8035>, Japan Post <6178>, Toyota Motor <7203>, etc., rose compared to the Tokyo Stock Exchange (converted at 1 dollar = 153.75 yen), and overall buying predominated. The Chicago Nikkei 225 futures closing price was 38,235 yen, 545 yen higher than the Osaka daytime market. The US stock market is up. The Dow Jones Industrial Average is up 654.27 dollars to 40,500.
US stock market rises, supported by strong earnings of major companies and expectations of interest rate cuts (26th).
Chicago Nikkei futures (CME) on September 26 SEP24O 38,035 (dollar-based) H 38,325 L 37,660 C 38,290 Daisho + 600 (evening + 90) Vol 11,417 SEP24O 37,765 (yen-based) H 38,265 L 37,595 C 38,235 Daisho + 545 (evening + 35) Vol 32,404. Overview of American Depositary Receipt (ADR) market, compared to the Tokyo Stock Exchange, converted at a rate of 1 dollar to 153.75 yen.
The NY market rose on the 26th [NY Market Close]
[NYDow·NasDaq·cme (table)] NYDOW; 40589.34; +654.27 Nasdaq; 17357.88; +176.16 CME225; 38235; +545 (compared to TSE) [NY market data] The NY market rose on the 26th. The Dow closed high at 40,589.34, up 654.27 dollars, and Nasdaq closed at 17,357.88, up 176.16 points. The buying trend was led by excellent financial results from major companies and rose after the opening.
Toyota Motor Corporation (TM) Stock Sinks As Market Gains: Here's Why
Market Chatter: Toyota Motor to Build EV Battery Plant in Japan
Toyota to Build EV Battery Plant for Lexus Cars — Report
Toyota to Set up EV Battery Plant in 'Silicon Island' for Lexus Cars
Nikkei Average Contribution Ranking (Closing) ~ Nikkei Average has fallen for 8 consecutive days, with 2 stocks such as Toshiba Electronic and Advantest pushing down about 188 yen.
At the closing of the market on the 26th, the number of rising stocks of Nikkei Average constituent stocks was 98, with 122 declining stocks and 5 unchanged. The US stock market on the 25th (UTC-4) was mixed. The Dow Jones Industrial Average closed at 39,935.07, up 81.20 points (+0.20%), while the Nasdaq fell by 160.68 points (-0.93%) to 17,181.73, and the S&P 500 closed at 5,399.22, down 27.91 points (-0.51%). Risk aversion persisted, and after the opening, it was mixed.
Ahead of the Bank of Japan meeting, there continues to be selling pressure from position adjustments.
The Nikkei Average fell for 8 consecutive business days. Trading ended at 37,667.41 yen (-202.10 yen) (with a volume of approximately 1.708 billion shares) . Reflecting the trend of high-tech stocks being sold in the previous day's US market, the Nikkei Average started to decline. However, after falling more than 3,400 yen for the previous 7 business days, it rebounded autonomously from buying and rose up to 38,105.96 yen at the end of the morning session. However, we still need to confirm the performance trends of major domestic companies that are beginning to ramp up, and next week will also see the Bank of Japan's monetary policy decision-making meeting.