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.
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After the buying phase, individual stock selection will be guided by the financial results.
The Nikkei average has risen for four consecutive trading days. It ended trading at 35,839.99 yen, up 134.25 yen (with an estimated Volume of 2 billion 10 million shares). Following the purchase of tech stocks in the US market last weekend and favorable movements from major companies' earnings reports, the Nikkei average started with a buying lead, shortly rising to 36,075.26 yen after the trading began, recovering to the 36,000 yen level for the first time in about four weeks since April 1. Additionally, due to the yen depreciating to around 143 yen per dollar, export-related stocks were repurchased.
SBI Securities (Nittsu) has a strong Sell recommendation for Toyota Motor, and a strong Buy recommendation for Disco.
Sell Code Stock Name Trading Amount (6146) Disco 46,767,768,745 (7011) Mitsubishi Heavy Industries 35,765,598,362 (7012) Kawasaki Heavy Industries 31,439,973,692 (5803) Fujikura 28,029,674,465 (6857) Advantest 27,198,655,196 (2432) DeNA 19,835,134,392
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Japan Steel Works, Horiba Manufacturing ETC.
*Japan Steel Works Ltd. (5631) is deepening its presence in India and has established a maintenance base for pelletizing machines (Nikkai Kogyo page 1) - ○ *Daiichi Hokuetsu Financial Group (7327) has reached an agreement to merge with Gunma Bank, aiming to be top class in scale and quality (Nikkai Kogyo page 3) - ○ *NTT Data Group (9613) has partnered with OpenAI to become a development and sales dealer (Nikkai Kogyo page 3) - ○ *Tokyo Electron Ltd. Unsponsored ADR (8035) has developed a new etching equipment building in Miyagi to support high-performance Semiconductors (Nikkai Kogyo page 3) - ○ *LIXIL (5938) has high-performance Aluminum windows.
SBI securities (before the close) has a strong Sell on Toyota Motor, and a strong Buy on Mitsubishi Heavy Industries.
Sell Code Stock Name Trading Amount (6146) Disc 32,684,038,060 (7012) Kawasaki Heavy Industries 23,129,249,540 (7011) Mitsubishi Heavy Industries 20,024,708,695 (5803) Fujikura 15,841,982,880 (1570) NEXT FUNDS Nikkei Average Leverage Listed Investment Trust 13,881,358,873 (2432) DeNA 1
Rating [Securities companies rating]
Upgrade - Bullish Code Stock Name Securities Company Previous Change After ------------------------------------------------ <7203> Toyota UBS "neutral" "buy"