The Nikkei average in the previous market continued to grow sharply, and the flow shifted to growth stocks | Reuters



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On April 2, the Nikkei average rose 331.75 yen from the previous business day to 29,720.62 yen on the Tokyo Stock Exchange, a significant increase. Taken in Tokyo in 2018 (2021 Reuters / Toru Hanai)

[Tokyo 2nd Reuters]- The Nikkei average rose 331.75 yen from the previous business day to 29,720.62 yen on the Tokyo Stock Exchange, which is a significant continuation. I liked the rally in the US stock market the day before.

The color trend is shifting from value stocks to growth stocks.

The US stock market rallied on Day 1 and S&P’s total of 500 shares surpassed 4,000 points for the first time. Meanwhile, the number of new weekly Unemployment Insurance claims announced by the U.S. Department of Labor on Day 1 unexpectedly increased from the previous week, but the March Manufacturing Economic Index released by the Association of US Supply Administration (ISM) was 64.7, December 1983. It reached the highest level in more than 37 years since March.

In response to this, Japanese stocks started chasing the morning high. The trend of color shifts has shifted from moving focused on value stocks to growth-type stocks, such as semiconductor-related stocks, and high-priced stocks are once again leading the overall market.

In the market, “Although we are concerned about the increase in the number of people infected with the new coronavirus in Japan, the recovery of the manufacturing industry is remarkable around the world due to the strong index of ISM manufacturing business, etc. to buy this (Maki Sawada, Nomura’s equity market strategist).

TOPIX closed morning trading 0.57% higher. The commercial value of the first section of the Tokyo Stock Exchange is a bit meager, 1,160,218 million yen. In the 33 industries on the Tokyo Stock Exchange, the prices of electrical equipment, information / communications, mining, machinery, pulp / paper, etc. rose, while the prices of shipping, electricity / gas, etc. fell.

Individually, Tokyo Electron has hit new highs since listing every day, and Sony Group, Softbank Group, etc. they are also solid. On the other hand, there are no shares of commercial companies such as ITOCHU and shipping shares such as NYK Line.

The number of rises and falls in the first section of the Tokyo Stock Exchange was 1,355 for the rise, 725 for the fall, and 109 for the same.

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