(Correct the time stamp and resend)
[Tokyo 24th Reuters]-
<14:10> The Nikkei average has turned positive, and there is also a technical “oversold” consciousness.
There was a scene where the Nikkei average entered the backstage and narrowed the rate of decline, turning positive by about 50 yen higher than the previous business day. From the technical side, it is pointed out that “oversold” was conscious and that buybacks were made intermittently. However, some said, “I don’t feel like buying the FOMC aggressively in the middle of the week” (domestic securities).
The RSI (Relative Strength Index), which looks at oversold or overbought, is said to be oversold at 20-30% or less, but the Nikkei average RSI dropped to 29.456 last weekend.
<13:08> Nikkei average is shrinking, strong US stock futures support shipping and regional banks firmly
The Nikkei average has entered the latter part of the market and is shrinking. Futures on the three major US stock price indexes continue to be strong, supporting investor sentiment.
Shipping stocks such as Kawasaki Kisen and NYK Line have risen further in the aftermath, and regional bank stocks such as Chiba Bank and Fukuoka Financial Group are also conspicuously rising. “High dividends for shipping, and expectations for higher interest rates for banks are supporting us,” said a domestic securities company.
Semiconductor-related stocks such as Tokyo Electron and Advantest are also solid.
<11:45> The Nikkei average in the previous session continued to fall, and the decline in US stocks was anaerobic.
On the Tokyo Stock Exchange, the Nikkei average fell 151.15 yen from the previous business day to 27,371.11 yen. I was sick of the sharp drop in the US stock market last weekend. After the round of selling, US stock futures in after-hours trading showed firm price movements in the positive territory, and the yen’s depreciation / dollar appreciation progressed, and the rate of decline narrowed.
In the US stock market on the 21st of the previous weekend, the three major stock indexes fell, and the Nasdaq Composite fell 2.72%. The weekly rate of decline was the highest since March 2020, when the pandemic of the new coronavirus (global epidemic) began for both the Nasdaq Composite and the S & P Composite 500. Netflix, a major video distribution service that announced quarterly financial results even after the close of the 20th, was sold well.
After the start of the continuous decline, the Nikkei average temporarily hit a low of 27,203.33 yen, a decrease of 318.93 yen. However, after the sell-off cycle, the price movements of US stock futures and exchange rates helped, and the reaction to the fall in the previous week led to a bargain purchase, reducing the rate of decline. This week, the results of the US Federal Open Market Committee (FOMC) will be announced on the 26th (the morning of the 27th, Japan time), and the wait-and-see mood tends to strengthen as the company’s financial results are about to begin in earnest. It was all about the conflict in Japan.
In the market, there were many voices that the Nikkei average narrowed down due to the steady movement of US stock futures. “There is a growing sense of security that US stocks, which had been plummeting recently, are expected to rebound only at the beginning of the week,” said a domestic securities firm.
TOPIX closed the morning trading at 1916.76 points, down 0.54%. The trading value of the first section of the Tokyo Stock Exchange was 1,365,953 million yen. Among the 33 TSE industries, 19 industries such as precision equipment, securities industry, other products, and electrical equipment have dropped in price. 14 industries such as mining, shipping and banking have increased in price.
Individually, SoftBank Group, Terumo, Sony Group, and Recruit Holdings are weak. Game-related stocks such as BANDAI NAMCO Holdings, which were bought last week, were not even pushed by profit-taking sales.
On the other hand, Tokyo Electron, Secom, and FAST RETAILING are solid. Semiconductor-related stocks, which had been weak in the morning, were bought at a reasonable price toward the close of the front.
The number of rises and falls in the first section of the Tokyo Stock Exchange was 954 stocks (43%), 1123 stocks (51%), and 105 stocks (4%).
<10:32> The Nikkei average is in the negative territory, and US stock futures are firm and avoid turbulence.
The Nikkei average is a frustration in the minus zone. There is little price movement, and it is developing in the range of 27,200 to 27,400 yen. US stock futures in after-hours trading have been a steady move in the positive territory, so it has not been a factor in the upheaval of Japanese stocks. In addition to the announcement of the results of the US Federal Open Market Committee (FOMC) on the 26th (the morning of the 27th of Japan time) this week, it is said that the wait-and-see mood is likely to strengthen as the company’s financial results are about to begin in earnest.
In the US stock market on the 21st of the previous weekend, the three major stock indexes fell, and the Nasdaq Composite fell 2.72%. Netflix, a major video distribution service that announced quarterly financial results even after the close of the 20th, was sold well.
In the market, “In the case of Japanese stocks, Netflix stocks have already been factored in as of the previous weekend. Technical suggests that they are oversold, and repurchases are supporting the lower price” (domestic securities).
As of 10:30 am, the trading value of the First Section of the Tokyo Stock Exchange is 1,028,398 million yen. Among the 33 industries of the Tokyo Stock Exchange, prices of 24 industries such as precision equipment, securities industry, electrical equipment, other products, and steel have dropped. Nine industries such as mining, shipping, and banking have increased in price.
<09:10> The Nikkei average, which is close to the market, continues to fall, and the price is temporarily over 300 yen.
The Nikkei average fell by 263.81 yen from the previous business day to 27,258.45 yen on the Tokyo stock market. The amount of decrease was temporarily over 300 yen lower. It took over the trend that the three major stock indexes fell in the US stock market on the 21st of the previous weekend.
Individually, the prices of Tokyo Electron, Softbank Group, FANUC, etc. are generally soft. The Nasdaq Composite, which consists of large high-tech stocks, fell 2.72%, making it anaerobic.
TOPIX is around 1905 points, which is more than 1% lower than the previous business day. Among the 33 industries of the TSE, 23 industries such as precision equipment, electrical machinery, securities industry, service industry, and air transportation industry have dropped in price. Prices have risen in 10 industries such as mining, banking, and real estate.
<08:45> The board situation before approaching, sales superiority such as Toyota and Sony group
According to market officials, Toyota Motor Corporation, Sony Group, and KEYENCE have a selling advantage, NTT has a buying advantage, Recruit Holdings, and Shin-Etsu Chemical have a buying and selling competition.
Tokyo Electron, which has a large index contribution, has a selling advantage, and FAST RETAILING has a buying and selling competition.
In Mega Bank, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group are competing for buying and selling.
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