The Nikkei average rebounds as the GPIF plans to raise its investment yield target.
Last weekend, on November 29, the usa market saw the dow inc close at 44,910.65 dollars, up by 188.59 dollars, while the nasdaq finished at 19,218.17 points, up by 157.69 points. Following the presidential election, the confidence index of small and medium-sized enterprises has risen, and it became clear that President-elect Trump engaged in constructive dialogue regarding tariffs with the leaders of Canada and Mexico, alleviating concerns and improving investor sentiment, leading to increased buying after opening. On the day after Thanksgiving, Black Friday, retailers launched discount sales.
Asia-Pacific Markets Mostly Higher as Investors Digest PMI Data From the Region
Japan Manufacturing PMI Declines to 49.0 in November, Confirmed at 8-month Low
Reported Earlier, Japan Capital Spending (YoY) For Q3 8.1% Vs. 6.7% Est.; 7.4% Prior
Active and newly listed stocks during the morning session.
*Sanken Electric <6707> 6248 +693 officially announced a large-scale share buyback. *Plus Alpha Consulting <4071> 1799 +156 announced the implementation of their own stock acquisition. *Ceres <3696> 2481 +195 cryptocurrency-related assets are generally strong today. *SBI Global Asset Management <4765> 656 +40 DMM bitcoin transferred the managed assets to SBIVC trade. *Dai-ichi Life HD <875
The Bank of Japan has sent a significant signal! Kazuo Ueda: Interest rate hikes are approaching.
Bank of japan Governor Haruhiko Kuroda said that with the development of inflation and economic trends in line with the central bank's forecast, a rate hike is imminent.
Safety, BASE, etc. (additional) Rating
Upgrade - bullish Code Stock Name Securities Company Previous After Change ----------------------------------------------------- <4912> Lion Daiwa "3" "2" <9682> DTS Daiwa "3" "2" Downgrade - bearish Code Stock Name Securities Company Previous After Change ----------------------------------------------------- <3436> SUMCO Nomura "
Bridgestone corporation unsponsored adr, Ulvac etc.
*Bridgestone Corporation unsponsored ADR <5108> to narrow down capital expenditures for the fiscal year ending December 2025, anticipating a slowdown in Europe and the United States (Nikkei Industrial, page 1) - ○ *Ulvac <6728> to renew semiconductor film deposition equipment for the first time in 19 years (Nikkei Industrial, page 1) - ○ *Hitachi <6501> Hitachi Rail to invest 10 billion yen in next-generation signals, developing in Canada (Nikkei Industrial, page 1) - ○ *Fuji Electric <6504> to collaborate with Denso for stable supply of power semiconductors (Nikkei Industrial, page 3) - ○ *Kansai Electric Power <9503> begins operation of a storage battery facility in Wakayama with Orix,
List of cloud-clearing stocks (weekly) (part 2)
○ List of breakout stocks under clouds in the market Code Stock name Closing price Leading Span A Leading Span B Tokyo Stock Exchange main board <2053> Chubu Fodder 1318 1356.25 1336<2117>Wellneo S21612239.52189.5<2153>Easy Jay H.D165717541684<2209>Imuraya G24152460.752420<2359>Core18011860.51
List of stocks with cleared clouds (Part 2) [Ichimoku Kinko Hyo: List of Stocks with Cleared Clouds]
○ List of stocks that have broken below the cloud in the market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Stock Exchange main board <1780> Yamauura 1158 1193.25 1169.5 <1835> Tok鉄工3210 3317.53 236 <1899> Fukuda Group 5270 5582.55 305 <2121> MIXI 2809 2811.52 826.5 <2217> Morozov 4430 4577.54 470 <2
The rise expands the selection of intermissions.
Last week's overview from November 25th to November 29th, Tokyo Stock Exchange Growth Index: High 645.08, Low 628.97, Close 643.97, Previous week change: +1.44% ↑ Increased with intermission buying spreading. The narrowing of the interest rate differential between Japan and the USA was noted, and in the foreign exchange market, the dollar broke into the 149 yen range for the first time in about a month. While large cap stocks on the main board struggled with the strong yen and weak dollar trend, the emerging markets focusing on domestic demand stocks remained firm. The decrease in participants due to Thanksgiving in the USA also had an impact, leading to intermission buying over the weekend.
ETFs With the Cheapest and Richest Volatility – Barclays
The yen continued to rebound, breaking through the important level of 150, and inflation rebounded, strengthening expectations of a rate hike in japan.
①The Japanese yen has been strengthening recently, with an intraday peak on Friday at a level of 149.53 yen per US dollar, with a significant increase of 1.3%; ② Today's rise has pushed the yen exchange rate up by about 3% for the week; ③ The forward market currently believes that there is a 61% chance of the Bank of Japan raising interest rates in December, roughly double the expectations at the beginning of this month.
Even with the progress of yen appreciation, the price movement remains firm around 38,000 yen.
The Nikkei average fell. It ended the trade at 38,208.03 yen, down 141.03 yen (with an estimated volume of 1.6 billion 20 million shares). The previous day's usa market was closed for Thanksgiving, leading to a lack of guiding materials. Following the announcement of the November consumer price index (CPI) for the Tokyo metropolitan area before the start of trading, the yen briefly appreciated to 149 yen per dollar, which was not well received. Export-related stocks were sold, and the Nikkei average dropped to 37,986.97 yen during the mid-morning session.
The Nikkei average fell, with financial stocks etc providing support despite the yen's rapid appreciation.
The USA market was closed last night due to the Thanksgiving holiday. In the currency exchange market, trading of major currencies remained lackluster. The dollar-yen pair was trading flat, rising to 151.77 yen at one point, then falling to 151.41 yen before closing at 151.50 yen. Despite the closure of the USA market, the Tokyo metropolitan area consumer price index released in the morning exceeded market financial estimates, leading to increased speculation of a rate hike by the Bank of Japan and entering the 149 yen range against the dollar for the first time in a month. Due to the yen's strength in the currency exchange, the Tokyo market saw selling pressure.
Reported Earlier, Japan Industrial Production (MoM) Preliminary For October 3.0% Vs. 3.8% Est.; 1.6% Prior
Reported Earlier, Japan Tokyo Core Consumer Price Index (CPI) YoY For November 2.2% Vs. 2.0% Est.; 1.8% Prior
Japan's Oct Factory Output Misses Forecasts Amid Slowing Demand; Retail Sales Rise by 0.1%
Tokyo's inflation rebounds beyond expectations, raising predictions for an interest rate hike by the Bank of Japan in December.
With the reduction of energy subsidies by the Japan government, inflation in Tokyo accelerated this month.
Wealth Navi --- Mitsubishi UFJ to pursue complete subsidiary status through TOB.
Mitsubishi UFJ Financial Group <8306> has been reported to acquire the company. It is said that the company will soon proceed with a TOB (Tender Offer) to obtain all shares and make it a wholly-owned subsidiary. It is currently making final adjustments regarding the premium, and funds aiming to take advantage of price fluctuations are likely to concentrate due to expectations of an increase in the TOB price.