[Tokyo 5th Archyde.com]–The Nikkei Stock Average is expected to be bought first on the Tokyo Stock Exchange today. The European stock market on the previous day rose and closed, and the Japanese stock market is expected to start in the positive zone in the morning. However, the slight decline in US stock futures is a major factor, and it is expected that the upside will be heavy following the buying cycle. Today, there are few materials during trading hours, and it is expected that the market will develop while keeping an eye on the trends of US stock futures.
The expected range of the Nikkei average is 25,900 yen to 26,300 yen.
The European stock market on the previous day rose and closed. Oil and gas-related stocks led the rise, recording the largest growth in two months. It was sluggish due to the deterioration of the Eurozone Investor Sentiment Index announced on the 4th. Business was thin because the rice market was closed on public holidays.
Today’s Japanese stock market is likely to be conscious of the weight of the upside following starting with buying first. Concerns over a slowdown in the global economy are expected to continue to weigh on the market, and “I don’t feel like aggressively pursuing the upside,” said Yutaka Miura, senior technical analyst at Mizuho Securities. Before the settlement of exchange-traded funds (ETFs) is concentrated on the 8th, it is said that distribution sales will be wary.
There were few clues during trading hours, and there was an opinion that “today it is likely to develop while watching the movement of US stock futures” (domestic management company). Due to the uncertainties regarding the future of the global economy, it is expected that the prices of semiconductor-related stocks will continue to be sluggish, which will weigh on the market.
In Japan, the main schedule is to publish monthly labor statistics (Ministry of Health, Labor and Welfare) in May. Overseas, the service division PMI (Financial New) will be announced in China in June, and new orders for the manufacturing industry (Ministry of Commerce) will be announced in May in the United States.
Previous business day closing price Year-to-date high price Year-to-date low
Nikkei 225 26153.81 29388.16 24681.74
+218.19 2022/01/0 2022/03/0
5 9
Chicago Nikkei Average Futures Limit 26310 (yen denominated)