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Expectations for the progress of the weak yen and tariff negotiations are driving prices close to 37,000 yen.
The Nikkei average has risen for seven consecutive trading days, finishing at 36,830.69 yen, up 378.39 yen (with an estimated volume of 1.9 billion 70 million shares). The depreciation of the yen, driven by the retreat of speculation regarding additional interest rate hikes by the Bank of Japan, combined with expectations of progress in tariff discussions with the USA, led to a bullish start. Autos stocks were bought, reaching as high as 36,976.51 yen in the middle of the morning session, approaching the significant level of 37,000 yen. However, ahead of the four-day holiday, profit-taking selling is likely to occur, and the USA is awaiting the announcement of the employment statistics for April.
After the delayed interest rate hike by the Bank of Japan, the Nikkei average stock price temporarily recovered to 36,500 yen.
The Nikkei average continued to rise significantly for six consecutive trading days, closing up 406.92 yen at 36,452.30 yen (Volume estimated at 1.8 billion 60 million shares). Amid the sharp surge in the after-hours trading of U.S. Microsoft and Meta Platforms Inc, buying started to lead in the Tokyo market, particularly in the Semiconductors sector. Additionally, the depreciation of the yen to the 144 yen level against the dollar following the announcement of the Bank of Japan's monetary policy decision was also viewed as favorable, increasing the number of export-related stocks that gained in value.
The listing Business is flourishing, and the HKEX achieved a record profit in the first quarter.
In the first quarter of 2025, the Hong Kong Stock Exchange's Net income reached 4.08 billion HKD, a staggering 37% year-on-year growth, setting a historical quarterly record. The AI boom, the return of Chinese concept stocks, and Trump’s policies have led to drastic market fluctuations, collectively driving up Trade volume and settlement income.
The enthusiasm for photovoltaics has faded, from tens of thousands of attendees to only 800 people online; LONGi Green Energy Technology aims for a return to the break-even point in Q3 | Direct coverage of the Earnings Conference.
① The company's Director, Zhong Baoshen, stated that the ability to turn losses into profits is closely related to the industry situation, with a goal to return to breakeven by the third quarter of this year; ② Zhong Baoshen anticipates that by 2026, as the Electrical Utilities system adapts and adjusts to the acceptance of the New energy Fund, there will be a return to a growth state. However, it will not again reach the rapid growth rates of 40% to 50% seen in previous years, but may be around a 10% increase.
The index has recovered to the 36,000 yen range for the first time in a month.
The Nikkei average has risen for five consecutive trading days. It ended with a gain of 205.39 yen at 36,045.38 yen (with an estimated Volume of 2.2 billion 80 million shares), recovering the 36,000 yen mark for the first time in about a month. Increased expectations for a rise due to the strong US stock market and progress in US tariff negotiations led the buying. The Nikkei average briefly returned above 36,000 yen right after trading began. However, as it surpassed the key level of 36,000 yen, opposing sentiments emerged, and gradually a wait-and-see mood spread, resulting in consolidation around 35,900 yen. Toward the end of the afternoon session, index buying is expected from pension funds at the end of the month.
Kandenko, Amano ETC (Additional) Rating
Upgraded - Bullish Code Stock Name Securities Company Previous Change After----------------------------------------------------------------- <4626> Taiyo HD Morgan S "Equal W" "Over W" <8308> Resona HD Nomura "Neutral" "Buy" Target Price Change Code Stock Name Securities Company Previous Change After-------------------------------------
