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The Nikkei average is up 378 yen, extending gains for seven consecutive days, with aggressive buying being limited ahead of the four-day holiday.
Two days later, the Nikkei average stock price rose by 378.39 yen to 36,830.69 yen, marking the seventh consecutive increase. The TOPIX (Tokyo Stock Price Index) also rose by 8.34 points to 2,687.78 points, continuing its eighth consecutive rise. With the backdrop of rising US stocks and a weaker yen, the trading started with buying pressure. At 9:47 AM, the Nikkei average reached 52,421 yen, marking a high of 36,976.51 yen. Afterward, as the market had been rising consecutively and with the upcoming four-day holiday from the 3rd, active buying was limited. The trading ended.
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Rating information (Target Price change - Part 2) = Yamapan, Izumi ETC.
◎ Mizuho Securities (three-tier: Buy > Hold > Underperform) Yamapan <2212.T> - "Hold" → "Hold", 2950 yen → 3500 yen. Morgan Stanley MUFG Securities (three-tier: Overweight > Equal Weight > Underweight) Otsuka HD <4578.T> - "Equal Weight" → "Equal Weight", 7600 yen → 7700 yen. IHI <7013.T> - "Equal Weight" → "Equal Weight", 9000 yen → 89.
Kinden, Yamazaki Pan ETC (additional) Rating
Downgrade - Bearish Code Stock Name Securities Company Previous After--------------------------------------------------------------<6523> PHCHD Morgan Stanley "Equal Weight" "Under Weight" <8591> ORIX Morgan Stanley "Over Weight" "Equal Weight" Target Price Change Code Stock Name Securities Company Previous After------------------------------------
The Nikkei average is up about 180 yen, but after the buying spree, it seems to be facing resistance at higher levels = session before noon on the 28th.
On the 28th at around 10:02 AM, the Nikkei Stock Average was trading around 35,890 yen, up about 180 yen compared to the previous weekend. At 9:34 AM, it reached 36,075 yen and 26 sen, up 369 yen and 52 sen, marking the first time in about a month that it has recovered to the 36,000 yen range during trading hours since the first of the month. On the local market on the 25th, U.S. markets saw gains in technology stocks, with the NY Dow and the Nasdaq Composite Index both rising for four consecutive days. Japanese stocks also saw early buying thanks to the rise in U.S. stocks and stability in the foreign exchange market. However, Buy
On the 25th, the trend of ADR = Shin-Etsu Chemical, Denso, Mitsubishi UFJ, etc. showed high values when converted to yen.
On the 25th, the ADRs (American Depositary Receipts), when converted to yen, were mostly higher compared to the Tokyo closing price from the previous Friday. In yen terms, Shin-Etsu Chemical <4063.T>, Denso <6902.T>, Mitsubishi UFJ <8306.T>, Mizuho <8411.T>, and Nomura <8604.T> all saw gains. Daiichi Sankyo <4568.T>, Sony Group Corp <6758.T>, TDK <6762.T>, Mitsubishi Heavy Industries <7011.T>, NTT <9432.T> also performed steadily. Provided by Wealth Advisors.
