Weekly margin trading positions as of 11 September showed contrarian trading amid weakness in the Nikkei 225, while the margin trading ratio rose. The week-on-week changes in short and long interest balances, along with the Nikkei 225’s trend, are summarized below.
In this week’s analysis of margin trading positions as of 9/11, the combined margin balances across the 2 markets showed a ¥50.2 billion week-on-week decrease in the short interest balance and a ¥165.3 billion increase in the long interest balance. As a result, the margin trading ratio rose to 8.35. Contrarian trading was evident as the Nikkei 225 weakened.
Data as of 11 September showed a week-on-week decline in the short interest balance and an increase in the long interest balance. Among individual stocks, increases in the short interest balance of ヤマダHD and increases in the long interest balance of Nissan Motor were observed. The Nikkei 225 fell approximately ¥1,009 for the week, and its candlestick chart showed a bearish candle for the second consecutive week.
As reference material, the top and bottom stocks in the 2-market ranking of margin balances by issue were provided. Stocks with the largest increases in short interest balances included OTS, シンプレクスH and ヤマダHD, while those with the largest increases in long interest balances included Nissan Motor, SoftBank Group and Mitsubishi UFJ.
With the FOMC meeting and the Bank of Japan Monetary Policy Meeting approaching next week and beyond, market conditions are expected to remain unstable. Attention will focus on the Nikkei 225’s direction and potential turning points in margin trading positions.