Home Business Today’s stock outlook = poor price movements, US stock holidays and weekend factors | Reuters

Today’s stock outlook = poor price movements, US stock holidays and weekend factors | Reuters

by news dir

[Tokyo 26th Reuters]–The Nikkei Stock Average is expected to be volatile in today’s Tokyo stock market. Since the US market was closed on the 25th, there are few clues, and weekend factors also overlap, so it is easy to strengthen the mood of closing. Price movements are likely to be based on the European stocks and Asian stocks the day before.

The expected range of the Nikkei average is 29,400 yen to 29,600 yen.

The European stock market on the 25th was a small move. Amid growing concerns about the re-expansion of the new coronavirus infection, buying into defensive stocks such as public interest stocks and healthcare-related stocks supported it.

The current dollar / yen pair is around 115.34 yen, which is almost the same level as 115.38 yen as of 3:00 pm the day before. The closing price at night on the Osaka Exchange was 29,510 yen, which was around the spot closing price (29,499.28 yen) on the previous day. In the absence of aggressive buying material, the Tokyo market is likely to seek clues in European, Asian and foreign exchange trends.

In the market, there was a voice saying, “Due to material shortages, trading of major stocks will be sluggish, and it will be easier for funds to be transferred to small- and medium-sized stocks and emerging stocks” (domestic securities).

The main schedule is to refrain from announcing consumer prices (Ministry of Internal Affairs and Communications) in November in Tokyo. Tonight’s US stock market will be shortened the day after Thanksgiving.

Previous business day closing price Year-to-date high price Year-to-date low

Nikkei average 29499.28 30795.78 26954.81

+196.62 September 14, 2021 August 20, 2021

Chicago Nikkei Average Futures Limited Closed

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