【Daily Review of Japanese Stocks】Concerns about nvidia hitting the ceiling have emerged! The Nikkei 225 fell more than 400 points at one point, and the yen appreciation added insult to injury.
Tokyo stock market fell on Thursday (November 21st), nvidia, the American chip giant, failed to satisfy investors with its financial report, while the appreciation of the yen added pressure to export companies.
After a round of selling, consolidation will continue around 38,000 yen.
The Nikkei average continued to decline, closing at 38,026.17 yen, down 326.17 yen (volume approximately 1.680 million shares). In the morning, the Nikkei average fluctuated slightly higher due to the rebound from the previous day's decline. However, early in the morning Japan time, Nvidia shares, which announced earnings, fell in extended hours trading. Meanwhile, with the yen strengthening to 154 yen per dollar, major tech stocks with significant index ETF weightings were sold off, causing the Nikkei average to turn negative shortly afterwards. Towards the latter half of the afternoon session, it
Japan plans to launch a multi-trillion yen economic stimulus package, with a focus on investing in the chip and AI sectors.
① Japan's Prime Minister Shigeru Ishiba will launch a 21.9 trillion yen economic stimulus plan to address challenges such as inflation and wage growth, with cabinet approval expected on Friday; ② The plan includes support for the continuous growth of wages in japan, investments in the semiconductors and ai sectors, and the restoration of subsidies for henry hub natural gas and electricity starting from January next year.
Active and newly established stocks in the afternoon session.
*Japan Creation G<7814> 445 +27 announces a share buyback and buyback commission limit of 3.09% of issued shares. Acquired 2.86% today. *Pacific Cement<5233> 3566 +131 domestic securities raise investment rating and target share price. *Osaki Electric<6644> 764 -35 domestic securities downgrade rating reflecting stock price increase. *BTM<5247> 1567 +300 to establish a subsidiary specializing in AI technology. *Kaiom<4583> 150
The Nikkei average continues to decline, with some semiconductor stocks falling due to nvidia's earnings report.
On the 20th, the US stock market was mixed. The dow inc rose by $139.53 to $43,408.47, while the nasdaq declined by 21.33 points to end at $18,966.14. Reports that Ukraine launched British-made long-range missiles into Russian territory raised concerns about persistent geopolitical risks, leading to a decline after the market opened. Federal Reserve Board member Bowman exhibited a hawkish stance, indicating that progress on inflation has stalled, which resulted in continued sell-offs driven by preferences for rising long-term gold rates.
Obayashi Corporation set a new high price [stocks with new high and new low prices]
The stocks on the main board that have set new highs are Obayashi Corporation <1802> and Members <2130>, among 34 stocks. The stocks on the main board that have set new lows are Tama Home <1419> and Matsukiyo Cocokara & Company <3088>, among 22 stocks. "Main board" "Standard board" "Growth board" New highs New lows New highs New lows New highs New lows 11/21342223138811/202928231410611/1934152316121111/18.