Daiichi Sankyo's Promising Future: Buy Rating Backed by ADC Advancements and Strategic Growth Initiatives

TipRanksApr 30 21:15 ET · Ratings

The Nikkei average rose by 205 yen, extending its gains for five consecutive days, recovering to 36,000 yen at the close for the first time in a month = 30th afternoon session.

On the 30th, the Nikkei average stock price in the afternoon session increased by 205.39 yen to 36,045.38 yen, marking a five-day rise. The TOPIX (Tokyo Stock Price Index) also rose by 16.68 points to 2,667.29 points. The Nikkei average surpassed the psychological barrier of 36,000 yen for the first time in a month since March 28 (37,120.33 yen) on a closing basis. While buying tended to lead in the morning, there were also moments when selling in anticipation of a pullback led to heavier trading. However, as the afternoon session began, the exchange rate temporarily.

Kabushiki ShimbunApr 30 03:01 ET

The Nikkei average is up about 50 yen, and after buying, it shows heavy movement at the upper levels = 30 days before the morning session.

On the 30th at 10:08 AM, the Nikkei average stock price fluctuated around 35,890 yen, down about 50 yen compared to the previous trading day. At 9:09 AM, it reached 36,023 yen 24 sen, up 183 yen 25 sen. In the U.S. market on the 29th, the announcement by the U.S. government to reduce tariffs on imported components for completed vehicles produced domestically was well received, leading to the Dow Inc rising for the sixth consecutive day and a rebound in the Nasdaq Composite Index. Japanese stocks also saw buying ahead of the rise in U.S. stocks. However, after the initial buying settled down.

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