Nikkei Average hits new high, no sense of overheating despite alert.
The Nikkei average rose for the fifth consecutive business day, closing at a record high of 40,913.65 yen, up 332.89 yen (approx. 1.63 billion shares traded) since March 22. Following the trend of rising tech stocks in the US market the day before, semiconductor-related stocks were also bought in the Tokyo market, while value stocks continued to be bought due to speculation about the Bank of Japan's policy revision. The Nikkei average rose to 40,861.35 yen shortly after the opening, but then the upward momentum slowed down due to wariness about the rapid rise.
Rakuten G, Toyota, etc. (added) Rating
Downgrade - Bearish code | Stock Name | Securities Company | Previous | After Change | ------------ | --------------- | ------------- | --------- | --------- | <9843> | Nitori HD | GS | "Sell" | "Hold" | Target Stock Price Change Code | Stock Name | Securities Company | Previous | After Change | ------------ | --------------- |
List of cloud breakout stocks (Part 1) [Ichimoku Kinko Hyo Cloud Breakout Stock List]
List of high-flying stocks: Market Code Stock Name Closing Price Leading Span A Leading Span B TOPIX\t\t<1719> Ando Hazama\t 1195\t\t1145.75\t\t1194.5\n \t<1773> YTL\t\t\t 129\t\t123.75\t\t115.5\n \t<1941> Chuden Kogyo\t 3210\t\t3162.5\t\t3205.5\n \t<1961> Main Board
Even after recovering to 40,000 yen, there was no significant adjustment and the range continued to rise.
The Nikkei Average rose significantly for the fourth consecutive business day, ending trading at 40,580.76 yen, up 506.07 yen (with a volume of approximately 1.69 billion shares traded). The market trend was dominated by buyers due to the rise of major stock indices in the US market the previous day. High-tech stocks with high index contribution pushed up the index, and the Nikkei Average extended its gains to 40,694.21 yen towards the end of the afternoon trading. The US market was closed on the 4th for Independence Day holidays, and trading was shortened on the 3rd, so there was not much aggressive trading.
NOEVIR Holdings, Mitsubishi MA, etc. (added) Rating.
Upgrade - Bullish code | Stock Name | Securities Company | Formerly | After change | ------ | --------------- | -------- | ------- | -------- | <5480> | Metallurgical | Daiwa | "3" | "2" | Downgrade - Bearish code | Stock Name | Securities Company | Formerly | After change | ------ | --------------- | -------- | ----
Recovery to the 40,000 yen mark through the selection of financial and value stocks.
The Nikkei average continued to rise significantly and ended trading at 40,074.69 yen, up 443.63 yen (with a volume estimate of 1.85 billion shares) for the first time in about three months since March 29th, recovering the 40,000 yen mark. In addition, TOPIX has updated its annual high for consecutive days and marked its highest level in 34 years. Financial stocks such as banks and insurance companies were bought against the background of rising long-term interest rates, and investment funds also shifted to undervalued trading companies and marine shipping, etc. In the latter half of the session, the sluggish prices at the time of the previous session shifted investment to some high-tech stocks.
Active and newly listed stocks during the morning session.
*Star Micronics Holdings <2975> 682 (+43) exceeded the planned operating profit for the first half and secured increased profits. *Kawasaki Kisen <9107> 2653 (+153) showed strong movement due to the rise in container shipping market conditions. *JPHD <2749> 570 (+30) newly recommended to buy at SBI Securities. *Yamashin Filter <6240> 446 (+22) showed strong movement as a Donald Trump-related stock. *Mitsubishi Heavy Industries <7011> 1818 (+84.5) in defense related business.
Hagiwara Electric HD is a semiconductor trading company that mainly serves Toyota Group as its major customer.
Hagiwara Electricity Holdings <7467> is a semiconductor, electronic component, and electronic equipment trading company based in Nagoya and a manufacturer of its own products. Approximately 89% of its revenue is from automobile-related companies, with Toyota Motor <7203> and Denso <6902> as its major customers within the Toyota group. In recent years, it has been focusing on solution businesses. For the consolidated performance of the year ending March 2024, sales were 22,515 million yen (an increase of 21.0% from the previous period), and operating profit was 7.
IX Knowledge - The full-year performance for March 2024 has achieved the highest revenue and profits to date.
IX Knowledge (IKI) <9753> is an independent midsize system integrator. It provides consistent services throughout the system lifecycle, from IT strategy proposal and IT promotion consulting to system development, verification, maintenance, and operation. Its clients include major system integrators such as Hitachi, Ltd. <6501>, NTT Data Group <9613>, user-based system companies such as Mizuho Research & Technology Co., Ltd., and KD.
Mizuho, HOYA, and others (added) Rating
Rating upgrade - Bullish code | Stock name | Securities company | Previous | Updated | ------|-----------------|----------|---------|---------|<6586> | Makita | GS | "Hold" | "Buy" | Rating downgrade - Bearish code | Stock name | Securities company | Previous | Updated | ------|-----------------|---
Tokyo Electron Ltd. unsponsored ADR, Yokohama Rubbers, etc.
*Tokyo Electron Ltd. unsponsored ADR<8035>* to launch laser peeling equipment for semiconductor 3D mounting within this year (Nikkan Kogyo front page) -○ * NTT Data G <9613>* creates new digital 3D map production subsidiary with observation satellite services (Nikkan Kogyo page 3) -○ *Yokohama Rubber<5101>* new factory in China will begin operations in spring 2026 with annual production of 9 million EV tires (Nikkan Kogyo page 3) -○ *LINE Yahoo<4689>* reports difficulty in short-term capital transfer relationship with South Korea's Naver (Nikkan Kogyo page 3) -○ *Air Water<4088>*
IT giants like Amazon are touching nuclear power plants etc.
IT companies looking for power supply sources are reportedly targeting nuclear power plants in the United States as a new target. Amazon Web Services (AWS) appears to have purchased a datacenter in Pennsylvania that receives power supply from nuclear power plants for $650 million (about 104.6 billion yen) in March. <6378> Kimura Chemical Machinery, <6643> Tojo Denki Seisakusho, <5631> Nippon Steel Corporation, <6370> Kurita
Sell-offs are likely to occur near 40,000 yen profit-taking.
Nikkei average index continued to rise slightly, closing at 39,631.06 yen, up 47.98 yen (trading volume estimated at 1.62 billion shares). Investor sentiment improved as the Bank of Japan released the Tankan survey of short-term economic observation of nationwide enterprises in June, and the business conditions DI of large manufacturing companies improved, leading to a buy trend at the opening of the session. The Nikkei average index widened its gains to 39942.69 yen immediately after the start of trading. However, profit-taking selling occurred ahead of the recovery to the 40,000 yen mark, and ahead of the upcoming ETF listings on the 8th and 10th in the afternoon.
Daisei, Nichiyu, etc. (additional) Rating
Ratings upgrade - bullish code | Stock name | Stock company | Previous | Current | ----- | ------------- | ---------- | ------------ | -------------- | <4188> | Mitsubishi Chemicals | Mizuho | "Hold" | "Buy" | <6532> | Bay Current | JPM | "Neutral" | "Overweight" | <9204> | Skymark
List of stock information from newspapers including Ricoh and Sumitomo Corporation.
*Ricoh (7752) starts its second entrepreneurial venture, offering management support tools (Nikkan Kogyo, front page) -○*Toyota Motor (7203) violates subcontractor law by storing molds for free as part of its customization and development program (Nikkan Kogyo, page 3) -○*Sumitomo Corporation (8053) invests 6.4 billion yen in six dispersed power projects in the United States (Nikkan Kogyo, page 4) -○*Sony Group Corp. (6758) will cut 250 jobs at its Miyagi plant while shrinking its Blu-ray production (Nikkan Kogyo, page 4) -○*Kobayashi Pharmaceutical (4967) reports on damage from red yeast rice, including fatalities.
Can the momentum of Japan's stock market continue in the second half of the year after its significant rise? Analyst opinions are divided.
Although the weak yen benefitting exporters, it also exacerbates inflation through imports. This, in turn, suppresses real wages, which many market participants believe is the key to the rise of the Japanese stock market.
Express News | The Bank of Japan kept the size and frequency of Japanese government bond purchases in July unchanged.
Financial stocks are steady due to buybacks of high-tech stocks and rising interest rates.
Nikkei average rebounded. It ended trading at 39,583.08 yen, up 241.54 yen (approximately 1.71 billion shares traded). The major stock price indexes rose in the US market the day before, and the yen depreciated to the 161 yen level against the dollar for the first time in about 38 years, leading to buying in financial stocks in addition to export-related stocks and in anticipation of intervention, while long-term interest rates rose. The Nikkei average expanded its gains towards the end of the morning session and rose to 39,783.70 yen. However, in the US, personal consumption expenditure (P
The Nikkei Average rebounds, financial stocks are bought and TOPIX temporarily hits a new high for the year.
On the 27th, US stock market rose slightly. The Dow rose 36.26 points (+0.09%) to 39164.06, the Nasdaq index rose 53.53 points (+0.30%) to 17858.68, and the S&P 500 rose 4.97 points (+0.09%) to 5482.87 at the end of trading. It opened lower. Mediocre earnings reports from companies such as Micron and Walgreens Boots Alliance cooled investor sentiment. The 5 indicators that the Federal Reserve Board (FRB) emphasizes
List of Conversion Stocks (Part 1) [List of Parabolic Signal Conversion Stocks]
List of buy conversion stocks in the market. Code Company name Closing price SAR Tokyo Stock Exchange Prime <1419> Tamahome 3955 3735 <1802> Obayashi Corporation 1901 1751 <1814> Osamu Corporation 1716 1668 <1928> Sekisui House 3527 3404 <1976> Myoujou Industrial