JP Movers | SoftBank Group Rose 5.96%, Leading Nikkei 225 Components, SoftBank Group Topped Turnover List
Market sentiment was stable today as Nikkei 225 components continued to trade sideways, with SoftBank Group(9984.JP) being the top gainer today, rising 5.96% to close at 19285.0 yen. In addition, the top loser was Trend Micro(4704.JP),falling 8.92% to end at 7167.0 yen.
Today's flows: 12/05 Advantest saw an inflow of JPY¥ 3.83 billion, Hitachi saw an outflow of JPY¥ 8.24 billion
On December 5th, the TSE Main Market saw an inflow of JPY¥ 889.58 billion and an outflow of JPY¥ 1.03 trillion.$Advantest(6857.JP)$, $Lasertec(6920.JP)$ and $Tokyo Electron(8035.JP)$ were net buyers
JX Metals' target stock price was raised to 2,000 yen by SMBC Nikko.
SMBC Nikko maintained its investment rating of "1" (the highest level in a three-tier system) for JX Metals <5016.T> as of the 2nd. The target share price was raised from 1,800 yen to 2,000 yen. Favorable external conditions are expected to provide significant upside potential for the company’s overall performance. Source: Wealth Advisor Co.
Rating Information (Target Price Revision - Part 1) = Nissui, Mitsui Metals, etc.
Nomura Securities (3-tier rating: Buy > Neutral > Reduce) - Nissui: "Buy" → "Buy", target price revised from 1,200 yen to 1,400 yen; Nihon Kohden: "Neutral" → "Neutral", target price revised from 1,800 yen to 1,700 yen; Tokai: "Neutral" → "Neutral", target price revised from 2,300 yen to 2,680 yen. Daiwa Securities (5-tier rating: 1 > 2 > 3 > 4 > 5) - Mitsui Metals: "2" → "2", target price revised from 11,600 yen.
Deutsche Bank Warns: Severe Supply Disruptions and Major Industry Consolidation Likely to Prolong Copper Market Deficit into Next Year
According to Deutsche Bank's latest report, the global copper market has entered a clear deficit due to severe supply disruptions. Against this backdrop, Glencore’s upcoming 'Capital Markets Day' (CMD) is particularly crucial—its anticipated free cash flow yield of 10% and potential M&A activities have become the focal point for the market. In contrast, Rio Tinto is showcasing a different strategic approach by emphasizing capital discipline and asset divestitures.
Spot Information on Individual Stocks (2)
Columbia W<146A.T> has risen for three consecutive days following an upward revision of its consolidated earnings and dividend forecast for the current fiscal year ending December. Meanwhile, the company also announced a new share issuance and sale. JX Metals<5016.T> fell after four days of gains as Nomura Securities downgraded the stock from 'Buy' to 'Neutral,' although it raised the target price from 1,320 yen to 1,800 yen. ☆ The above article contains unverified information. Provided by Wealth Advisor Co.
Nomura Securities downgraded JX Metals to 'Neutral.'
Nomura Securities downgraded its investment rating for JX Metals <5016.T> from 'Buy' to 'Neutral' on the 27th. Meanwhile, it raised the target share price from 1,320 yen to 1,800 yen, citing that the stock's previous undervaluation has been corrected by the recent price increase. (Source: Wealth Advisor)
Rating Change Observations: New Ratings Assigned to Mitsui E&S and Okuma Upgraded, JX Metals Downgraded, Among Others.
Initiation/Resumption of Coverage: Hirata Machinery <6258.T> ― Domestic mid-tier assigns highest rating on a 5-tier scale (target price at 2,700 yen); Mitsui Engineering <7003.T> ― Upgraded to "Buy" by a U.S.-based firm (target price at 7,800 yen). Upgrade: Okuma <6103.T> ― Domestic major assigns highest rating on a 3-tier scale (target price raised from 3,500 yen to 4,200 yen); Advantest <6857.T> ― European firm assigns middle rating on a 3-tier scale; Square Enix HD <9684.T> ― Domestic mid-tier assigns highest rating on a 5-tier scale (upgraded by two notches, target...
JP Movers | Resonac Holdings Rose 8.85%, Leading Nikkei 225 Components, Kioxia Holdings Topped Turnover List
Market sentiment was high today as Nikkei 225 components generally rose, with Resonac Holdings(4004.JP) being the top gainer today, rising 8.85% to close at 6322.0 yen. In addition, the top loser was Eisai(4523.JP),falling 2.70% to end at 4895.0 yen.
Today's flows: 11/27 SoftBank Group saw an inflow of JPY¥ 14.41 billion, Mitsubishi UFJ Financial Group saw an outflow of JPY¥ 6.95 billion
On November 27th, the TSE Main Market saw an inflow of JPY¥ 879.79 billion and an outflow of JPY¥ 858.9 billion.$SoftBank Group(9984.JP)$, $Advantest(6857.JP)$ and $Kioxia Holdings(285A.JP)$ were
Rating Information (Target Price Revision - Part 2) = Panasonic, Advantest, etc.
Mizuho Securities (3-tier rating system: Buy > Neutral > Underperform) maintained a "Buy" rating for Panasonic, revising the target price from 2,400 yen to 2,540 yen. For Azbil, the "Buy" rating was also maintained, with the target price increasing from 1,650 yen to 1,800 yen. Skypark J's rating remained at "Buy," with the target price raised from 1,500 yen to 2,200 yen. Chubu Electric retained its "Buy" rating, and the target price was adjusted upward from 2,300 yen to 2,700 yen. SMS stayed at a "Neutral" rating, while the target price was lowered from 1,500 yen to 1,400 yen.
Today's key points and notable stocks: The government plans to accelerate nuclear fusion development with over 100 billion yen—check related stocks.
The government is reportedly set to invest over 100 billion yen in promoting research and development for nuclear fusion power generation. Around 60 billion yen has been allocated to support emerging companies, advancing the development of materials and the establishment of R&D infrastructure. The country aims to achieve power generation demonstration in the 2030s. Nuclear fusion is recognized as a key policy initiative under Prime Minister Takichi. Among related stocks, Jukawa Electric <7711.T> is considered a primary beneficiary, alongside JTEC <3446.T> and Kamishima Chemical <4026.T>. Additionally, Photronics <6965.T> is noted for its high-power laser technology.
The Nikkei rebounded after resuming trading, closing up 33 points for the day, while SoftBank fell nearly 10%.
Following the long weekend for Japan's Labor Thanksgiving Day, the market resumed trading today (November 25), with performance fluctuating throughout the day. Market expectations of a Federal Reserve interest rate cut next month boosted technology stocks. The Nikkei Average Index opened 487 points higher and rose by as much as 556 points to reach an intraday high of 49,182. However, gains subsequently narrowed, and the index briefly turned negative in the afternoon, dropping 113 points to a low of 48,511. It closed up 33 points, or 0.07%, at 48,659. In the AI concept and semiconductor sectors, NVIDIA supplier Advantest (6857.JP) and Tokyo Electron (8035.JP) rose 4.2% and 3%, respectively, while Raito Optoelectronics (6920.JP) fell.
Today's flows: 11/20 Sony Group saw an inflow of JPY¥ 6.72 billion, Kioxia Holdings saw an outflow of JPY¥ 25.58 billion
On November 20th, the TSE Main Market saw an inflow of JPY¥ 1.18 trillion and an outflow of JPY¥ 1.25 trillion.$Sony Group(6758.JP)$, $Ibiden(4062.JP)$ and $Sompo Holdings(8630.JP)$ were net buyers
Global Equities Roundup: Market Talk
The Nikkei Average fell by approximately 70 yen, with trading volumes led by Kioxia, Fujikura, and SoftBank Group.
At around 2:00 PM on the 19th, the Nikkei Average Stock Price was trading near 48,630 yen, approximately 70 yen lower than the previous day. The afternoon session began with a predominance of selling pressure, and subsequently, gains were reduced, leading to a downturn. Given that NVIDIA, a major U.S. semiconductor company, is scheduled to release its earnings after the close of regular trading on the 19th, market participants appear hesitant to engage in aggressive trading while awaiting confirmation of the results. The foreign exchange rate remains range-bound, hovering around 155.30 yen to the dollar. Among the most actively traded issues (Prime Market) as of 2:00 PM, Japan Display Inc. (JDI) stands out.
Express News | The Nikkei index closed down 3.2% due to a deterioration in risk sentiment.
JP Movers | Dentsu Group Rose 2.54%, Leading Nikkei 225 Components, Kioxia Holdings Topped Turnover List
Market sentiment was depressed today as Nikkei 225 components generally fell, with Dentsu Group(4324.JP) being the top gainer today, rising 2.54% to close at 3469.0 yen. In addition, the top loser was Fujikura(5803.JP),falling 9.90% to end at 17875.0 yen.
Today's flows: 11/18 Japan Display saw an inflow of JPY¥ 1.57 billion, SoftBank Group saw an outflow of JPY¥ 32.46 billion
On November 18th, the TSE Main Market saw an inflow of JPY¥ 961.57 billion and an outflow of JPY¥ 1.27 trillion.$Japan Display(6740.JP)$, $East Japan Railway(9020.JP)$ and $Sanrio(8136.JP)$ were net
Global Forex and Fixed Income Roundup: Market Talk