[Tokyo 24th Reuters]–On the Tokyo Stock Exchange on the morning of the 24th, the Nikkei average continued to grow to 26,362.24 yen, up 190.99 yen from the previous business day. It has remained firm since it approached, and the rate of increase has gradually increased. In response to the declining trend of US long-term interest rates, semiconductor-related stocks were bought, and a corner of growth stocks was strong.
The US stock market on the previous day rebounded. Rising defensive and tech stocks offset the decline in business-sensitive stocks amid persistent concerns about a recession associated with the rise in US interest rates. The Nikkei average also took over the flow of the US stock market and started steadily. At one point, there was a scene where the price rose by about 210 yen from the previous business day to 26,391.11 yen.
By industry, semiconductor-related stocks remained strong. Tomoichiro Kubota, a senior market analyst at Matsui Securities, said, “In addition to the downward trend in US interest rates, Intel’s CEO (Chief Executive Officer) said that the supply shortage of semiconductors will continue until at least 2024. , It seems that semiconductor-related stocks are being repurchased. “
However, many of the stocks that have been repurchased, “I have the impression that buying is temporary and sluggish. It has only risen to the extent of autonomous repulsion following the daily decline,” Kubota said.
There is also a view that it is unlikely that the Nikkei 225 will aggressively pursue the upside until the unstable situation of US stocks settles down. Makoto Kikuchi, CEO of Myojo Asset Management, said, “The market has not yet determined the future direction of the US stock market, and the Nikkei average will remain flat until the direction of US stocks is decided. It looks like it will continue. “
TOPIX closed the morning trading at 1857.80 points, up 0.33%. The trading value of the TSE prime market was 1,504,841 million yen. Among the 33 industries of the TSE, the price increase was in 16 industries such as shipping, service, and precision equipment, and the price decrease was in 17 industries such as air transportation, insurance, and petroleum / coal products.
Individually, while Tokyo Electron and Advantest have become solid, there is no Mitsubishi Motors or even IHI. Fast Retailing, which has a large index contribution, is soft, but SoftBank Group is firm.
The number of rises and falls in the TSE prime market was 1132 stocks (61%), 627 stocks (34%), and 79 stocks (4%).
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