The stock market outlook for the 26th indicates that buying and selling will remain mixed, while buybacks targeting an autonomous rebound will also face limited upside. The Nikkei 225 is moving around 62,693.16, and USD/JPY is indicated to be trading in the upper ¥156 range to the dollar.
In the market outlook for the 26th, investor selling and buying were said to be mixed. While downward pressure is expected to remain in the short term, there are also signs of buybacks as investors look for the market to bottom. Market participants have pointed out that factors continuing to cap the market's upside remain evident.
Specifically, the Nikkei 225 was moving around 62,693.16, with its intraday movement in negative territory compared with the previous day. USD/JPY was trading in the lower ¥156 range, and some have noted that developments in overseas markets could affect the Japanese market.
The 33 TSE sectors were broadly divided between 8 rising and 25 declining, while movements in event-driven stocks and earnings-related stocks influenced the market at times. The current outlook reflects a broad view that, although some investors are wary of buybacks, the momentum of any rebound will be limited.
Key points for the market include upcoming earnings announcements, the emergence of market-moving factors, developments in U.S. markets and currency movements. Investors will need to carefully assess signs of short-term price movements.