The Nikkei Stock Average was trading approximately ¥820 above the previous day during the morning session on the 14th, reaching ¥69,608.24 at one point. It subsequently moved sideways as selling emerged from investors waiting for a rebound.
Just after 10:07 a.m. on the 14th, the Nikkei Stock Average was trading around ¥69,130, up approximately ¥820 from the previous day. At 9:39 a.m., it reached ¥69,608.24, recovering to the ¥60,000 level during trading hours for the first time in about a month. Buying following the rise in U.S. stocks on the 13th local time appears to have spread to the Japanese market. The Nikkei was subsequently held back by selling from investors waiting for a rebound, limiting its movement to a narrow range. The yen-denominated settlement value for Chicago Nikkei futures was indicated as ¥9,180 higher.
By sector, 24 of the 33 sectors rose and 9 fell. Gainers included consumer-related stocks such as Nintendo and Bandai Namco, shipping stocks NYK Line and Mitsui O.S.K. Lines, information and communications stocks KDDI and SoftBank Group, and electrical equipment stocks Sony Group and Advantest. On the other hand, Mitsubishi Logistics and Kamigumi in warehousing and harbor transportation, as well as Chugai Pharmaceutical and Daiichi Sankyo among pharmaceutical stocks, declined.
Across the market, automobile-related stocks such as Toyota and Honda and rubber products stocks such as Yokohama Rubber and Bridgestone were also firm. Nissui and UMIOs among fishery, agriculture and forestry stocks, and SUMCO and NHK Spring among metal products stocks, also remained at high levels. In the foreign exchange market, the dollar-yen rate traded in the upper ¥159 range, while the euro-yen rate was in the upper ¥183 range.
The information was provided by Wealth Advisor, and its assessment of the market outlook indicates that attention will focus on movements in the U.S. market and in AI- and semiconductor-related stocks.