[Tokyo 9th Reuters]- The Nikkei Stock Average ended trading with a sharp rebound at 32,265.17, up 623.90 from the previous business day. The Nikkei Stock Average SQ (Special Clearing Index) calculation related to the final settlement of the June contract Nikkei 225 futures and options was supported by a sense of security, and on the previous day in the US market, the sense of caution about the long-term interest rate hike eased and the stock price rose. As a result, buying became dominant in a wide range of stocks in the Tokyo market.

On June 9th, the Nikkei Stock Average rose 623.90 yen from the previous business day to 32,265.17 yen on the Tokyo stock market. This photo is taken in December 2015 at a stock price board in Tokyo. (Reuters/Toru Hanai)

The Nikkei Stock Average started strong at 286 yen, and when the SQ value was calculated, it gradually expanded its range of increase and moved over 500 yen higher in the morning session. In the aftermarket, the price rose one step higher, and just before the closing, it rose to 32,304.04 yen, which was 662 yen higher at one point, and renewed the high price during the day. Stocks with a large contribution to the index and a corner of the main stock expanded the range of increase, pushing up the index.

Shingo Ide, Chief Equity Strategist at NLI Research Institute, said, “Investor sentiment softened in the US market the day before, and the SQ went smoothly, leading to an improvement in market sentiment.” However, next week, the United States will announce the consumer price index (CPI) in May and hold the Federal Open Market Committee (FOMC). I don’t think so.”

Regarding the near-term Nikkei Stock Average, Mr. Ide said, “If the short-selling position of individual stocks that has accumulated is drawn up, there is a possibility that it will aim for 33,000 yen.” If it gets stronger, I think there is a risk that it will fall more than 1,000 yen at a stretch triggered by the decline of US stocks.

TOPIX closed at 2224.32 points, up 1.50%. The Tokyo Stock Exchange prime market index rose 1.50% to 1144.65 points. The trading value of the Tokyo Stock Exchange prime market was 4,360,824 million yen. Of the 33 industries on the Tokyo Stock Exchange, prices rose in 29 industries, including wholesale, electricity and gas, and pharmaceuticals. Prices fell in four industries, including shipping, air transportation, and petroleum and coal products.

Individually, Fast Retailing rose 4.6%, Daikin Industries rose 3.8%, and Advantest rose 2.8%, pushing up the index by about 230 yen for the three stocks. On the other hand, Sekisui House, which announced its financial results the day before, fell 0.9%.

In the prime market, 1,522 stocks (82%) rose, 266 stocks (14%) fell, and 46 stocks (2%) remained unchanged.

Closing Price Change from previous day Opening Low/High

Nikkei Average 32265.17 +623.90 31927. 31,898.7

38 5─32,304.


TOPIE 2224.32 +32.82 2205.8 2,204.76

1 ─2,228.07

Prime Index 1144.65 +16.90 1134.8 1,134.81

1 ─1,146.53

Standard 1082.42 +9.31 1077.2 1,077.07

Index 3 ─ 1,082.90

Growth index 984.20 +4.66 986.15 981.92─9


TSE trading volume (152746 TSE trading value (100 million yen 43608.

million shares) ) 24

2023-06-09 05:30:00