The Nikkei Stock Average is up ¥1,390 and is trading at this level as of 14:50. The top contributors include Fast Retailing, Tokyo Electron and Advantest, while earnings announcements by major companies will remain the market's primary focus this week.
The Nikkei Stock Average is up ¥1,390. As of 14:50, it is substantially higher than the previous day's closing level, with Fast Retailing, Tokyo Electron and Advantest among the top contributors. These stocks are driving the market's gains.
Meanwhile, SoftBank Group, Ibiden and Kioxia Holdings are the largest negative contributors. By sector, Banking, Nonferrous Metals, Other Products, Oil and Coal Products, and Retail Trade are gaining, while Foods and Marine Transportation are declining.
In the US market, September wholesale inventories and sales are due to be released tonight, and Federal Reserve Vice Chair Bowman is scheduled to participate in a panel discussion. Earnings announcements are also expected to continue this week from Orix, Ajinomoto, Mitsubishi Estate, Mitsui O.S.K. Lines, JX Advanced Metals and others.
The Nikkei Stock Average may continue to fluctuate depending on earnings announcements by major companies and developments in US economic indicators. Scheduled future earnings announcements include those of SoftBank Group, Honda, Fujikura, Sumitomo Metal Mining, Recruit Holdings, ENEOS, INPEX, SMC and the major banks.