Morning Nikkei Average Rebounds, Mindful of Rising Weight | Reuters



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The Nikkei average fell 108.75 yen from the previous business day to 29,554.75 yen on the Tokyo Stock Exchange on the morning of March 2. The photo was taken on the Tokyo Stock Exchange in October 2020 (2021 Reuters / Kim Kyung-Hoon)

[Tokyo 2nd Reuters]- On the Tokyo Stock Exchange on the morning of the 2nd, the Nikkei average fell 108.75 yen from the previous business day to 29.554.75 yen. Although it started to grow in favor of rising US stocks, it was aware of the weight of the rise and was pushed back from the middle stage.

The US stock market on day 1 is significantly higher. In addition to quiet selling in the bond market, expectations for an early economic recovery have risen due to movements related to the new coronavirus vaccine and additional economic measures. Meanwhile, the February Manufacturing Index, released by the American Supply Management Association (ISM), reached its highest level in three years. New order growth accelerated.

In favor of these, Japanese stocks took over the favorable conditions of the previous day and began to follow the rise. The Nikkei average was one step closer to recovering 30,000 yen due to widespread scrutiny, but since it fell short, “it had a negative psychological effect, and the price disappeared from disappointment” (domestic values).

There is no definitive material that has turned negative, and in the market, “There is a reaction to the sudden return of the previous day and morning, and there is a sense of caution that return sales will rise above the Nikkei average of 30,000. and in “. Mr. Masayuki Otani, General Manager, Research Information Department, Securities Japan was heard).

TOPIX closed morning trading 0.48% lower. The commercial value of the first section of the Tokyo Stock Exchange was 1,257,410 million yen. Among the 33 industries on the Tokyo Stock Exchange, price drops in the air transport industry, the shipping industry, the mining industry, etc. They were conspicuous, and the rising industries were just 7 industries, such as precision equipment.

At the individual level, the main export-related stocks, such as Sony and Toyota, have fallen, and Tokyo Electron in the morning has also disappeared. On the other hand, SoftBank Group was a bit expensive and some of the stocks related to equity investment were being sought, such as FANUC.

The number of rises and falls in the first section of the Tokyo Stock Exchange was 533 for the rise, 1587 for the fall, and 74 for the same.

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