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The Nikkei average rose by 406 points, continuing its significant six-day gain, as the awareness of a delay in policy interest rate increases grew due to the downward revision of GDP growth rate = the afternoon of the 1st.
On the closing day, the Nikkei average stock price increased by 406.92 yen from the previous day to 36,452.30 yen, marking a significant six-day winning streak. The TOPIX (Tokyo Stock Price Index) also rose by 12.15 points to 2,679.44 points, continuing its upward trend for seven days. Following the movement of the NY Dow Inc, which rebounded after a morning dip on April 30, Japanese stocks were initially favored by buyers. However, as the announcement of the Bank of Japan's monetary policy meeting results approached, a wait-and-see mood strengthened, although the meeting decided to maintain the current monetary market adjustment policy.
The Nikkei average rose by 196 points, continuing an upward trend for six days, while after the buying spree, the market is observing the situation ahead of the Bank of Japan meeting = Morning session before May 1.
On May 1st, the Nikkei average rose by 196.32 yen to 36,241.70 yen in the morning session, marking a six-day consecutive rise. The TOPIX (Tokyo Stock Exchange Index) also increased by 6.17 points to 2,673.46 points, continuing its rise for seven days. In the US market on April 30th, while the Nasdaq Composite Index declined, the NY Dow rebounded after an initial drop, extending its gains for seven days. The impact of the GDP (Gross Domestic Product) decline in January-March led to buying momentum in Japanese stocks. The Nikkei average was up in the morning.
The handover of the international interconnection transmission system construction project between Ireland and the UK has been completed.
Sumitomo Electric Industries, Ltd. (Headquarters: Chuo-ku, Osaka City, President: Osamu Inoue, hereafter referred to as "the Company") has completed the trial operation of the project ordered from Greenlink Interconnector Limited in collaboration with its consortium partner, Siemens Energy from Germany, and has handed it over for actual operation. This project connects Wexford in the southeast of Ireland and the UK.
The Nikkei average rose by 375 yen, continuing its upward trend, but after the buying rush, the upper limit is restricted = 24 days before the market close.
On the 24th, the Nikkei average stock price in the morning rose by 375.78 yen from the previous day, reaching 35,244.41 yen. The TOPIX (Tokyo Stock Price Index) increased by 26.12 points to 2,610.44 points, marking a third consecutive rise. At 9:08 AM, the Nikkei average hit 35,287.95 yen, up by 419.32 yen. In the US market on the 23rd local time, President Trump indicated that tariffs on China would significantly decrease from 145%, leading both the NY Dow and Nasdaq Composite Index to continue rising. Additionally,
The Nikkei average is up about 330 yen, with the top gainers among the selected stocks being Yaskawa Electric, Sumitomo Electric, NINTENDO CO LTD, etc.
On the 24th at 11:01 AM, the Nikkei average stock price was fluctuating around 35,200 yen, up approximately 330 yen from the previous day. At 9:08 AM, it reached a high of 35,287.95 yen, up 419.32 yen. After that, with few clues, it is being capped by Sell waiting for a rebound, resulting in a sideways movement. Recently, the dollar-yen exchange rate is around 142.80 yen per dollar, indicating a stronger yen compared to the morning level. In the Nikkei average listed stocks, Yaskawa Electric is among the top gainers.
The world record has been updated, achieving a transmission of 1.02 petabits per second over 1,808 km using a standard outer diameter 19-core Optical Fiber - Expectations for the realization of future long-distance high-capacity Communications infrastruct
Sumitomo Electric Industries, Ltd. (headquartered in Chuo-ku, Osaka, President: Haru Inoue, hereinafter "Sumitomo Electric") and the National Institute of Information and Communications Technology (based in Koganei, Tokyo, President: Hideyuki Tokuda, hereinafter "NICT") have achieved a world record for long-distance high-capacity transmission by transmitting 1.02 petabits per second over 1,808 km using standard outer diameter (0.125 mm) 19-core Optical Fiber, equivalent to the distance between Sapporo and Fukuoka. This addresses the continuously increasing demand for Communications.