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Today’s stock outlook = solid, tech stock prices and yen depreciation help | Reuters

[Tokyo 17th Reuters]–The Nikkei Stock Average is expected to develop steadily in the Tokyo stock market today. There is a view that high-tech stocks will be supported in Japan as well, in response to the trend of high-tech stocks in the US market. In addition, the dollar / yen pair has been depreciating, which is expected to support export-related stocks.

The expected range of the Nikkei average is 28,100 yen to 28,500 yen.

In the US stock market last weekend, the Nasdaq Composite, which has a high proportion of high-tech stocks, rose. S & P total 500 kinds also closed in the plus zone. On the other hand, the 30 Dow Jones Industrial Averages closed due to disappointment at the financial results of a major US bank. Consumer goods-related stocks fell in response to a 1.9% month-on-month decline in US retail sales (seasonally adjusted) in December 2021.

In the Tokyo market, the Nikkei average is expected to be led by high-tech stock buying to support the market in response to the flow of the US market. The US Philadelphia semiconductor index is rising, and semiconductor-related items are likely to be reviewed. The dollar / yen pair is expected to depreciate at the 114-yen level, supporting export-related stocks such as automobile stocks.

In the market, “Today it seems that high-tech stocks will lead the rebound, but the trend of growth selling and value buying has not changed, and the return may be limited,” said Shingo Ide, chief stock strategist at Nisseikiso Research Institute. Is heard. Due to the closure of the US market, it is thought that after a round of transactions in the morning, it tends to be less motivated.

Today, the ordinary Diet session will be convened in Japan, and orders for machinery will be announced in November. The Bank of Japan’s monetary policy decision meeting will be held until tomorrow. In China, real gross domestic product (GDP) from October to December, as well as retail sales and mining and industrial production in December are scheduled to be announced.

Last business day closing price Last year’s high price Last year’s low price

Nikkei 225 28124.28 30795.78 26954.81

– 364.85 September 14, 2021 August 20, 2021

Chicago Nikkei Average Futures Limit 28300 (yen denominated)

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