2023-06-26 21:59:00
TOKYO (Archyde.com) – Today’s Tokyo stock market expects the Nikkei Stock Average to remain weak. The price will continue to adjust for the rebound that has risen at a rapid pace, and it is likely that the price will search for a lower price. However, there are few conspicuous trading factors during the day, and it is unlikely that the price range will fall. On the other hand, if the official’s remarks in response to the recent depreciation of the yen increase caution regarding foreign exchange intervention, selling pressure may increase.
The expected range for the Nikkei average is 32,500 yen to 32,700 yen.
On the previous day, all three major US stock indexes fell. The tech-heavy Nasdaq Composite fell more than 1%. Investors were reluctant to make risky deals following the weekend’s armed uprising at the private military company Wagner in Russia. Growth stocks weighed on major stock indices, with Meta, Alphabet and Tesla selling off.
In today’s Japanese stock market, the adjustment mood continues, and it is expected to start with selling ahead. The drop in US stocks on the previous day is also likely to weigh on the market. In particular, stocks that have made a large contribution to the index, which has led the stock price rise so far, and small and medium-sized stocks that have risen quickly are expected to sell out. Mr. Hiroyasu Mori, Head of Securities and Investment Information Office).
The current dollar/yen exchange rate is in the mid-143 yen range, and the yen continues to depreciate. (Mr. Mori). If the official’s remarks were to make in-depth comments on the intervention, it would likely put downward pressure on stock prices.
On the other hand, it has been pointed out that the price range is limited today due to the scarcity of new materials, and it is likely that there will be a struggle following the selling cycle ends.
In terms of the main schedule, in Japan, shareholders’ meetings of Toyo Construction, Sharp, and Nissan Motor are ahead. Overseas, in the United States, the June Richmond Fed Manufacturing Index and the June Consumer Confidence Index (Conference Board) are scheduled to be released.
Closing price of the previous business day High price since the beginning of the year Low price since the beginning of the year
Nikkei Average 32698.81 33772.89 25661.89
-82.73 2023/06/1 2023/01/0
9 4
Chicago Nikkei Stock Average Futures 32575 (Yen denominated)
1687824031
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