Today’s stock outlook = weakness, profit-taking sales from high price caution Pay attention to Nidec’s movement | Reuters

[Tokyo 21st Archyde.com]-

The Nikkei Stock Average is expected to be weak on the Tokyo Stock Exchange today. Due to the relatively rapid rise so far, profit-taking sales are likely to dominate due to high price caution, despite the high US stock market. Under such circumstances, Nidec’s stock price trend, which announced its financial results ahead of the companies in the fiscal year ended March 31, is drawing attention. In addition, it is easy to get into a wait-and-see mood by refraining from announcing the results of the BOJ decision meeting.

The expected range of the Nikkei average is 27,400 yen to 27,800 yen.

The US stock market continued to grow on the 20th. Major tech stocks performed steadily, led by stocks with good financial results such as Netflix. Tesla’s second-quarter earnings announcement following closing increased profits, rising 2% in overtime transactions.

High US stocks are good news, but Japanese stocks are likely to stop gaining momentum just because they gained momentum until the day before. The BOJ’s policy-making meeting and the subsequent press conference by the president are also expected to be useful for watching the pattern.

On the other hand, in terms of physical properties, it seems that Nidec’s announcement of flat financial results for the first quarter will be of interest to see how it will affect other major export-type stocks.

In the market, “It was confirmed that the Nikkei average market value level is in a vacuum zone due to the rise yesterday. It seems that profit-taking sales will precede today, but the 28,000 yen recovery is the default course. I think there are many, ”(Mr. Hiroyasu Mori, Director of Investment Information Office, Okaji Securities).

Previous business day closing price Year-to-date high price Year-to-date low

Nikkei average 27680.26 29388.16 24681.74

+718.58 January 5, 2022 March 9, 2022

Chicago Nikkei Average Futures Limit 27575 (yen denominated)

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