[Today’s Market] March 11 | Although Middle East situation is unclear, Tokyo market continues its rise

The Tokyo market on the 11th gradually expanded its gains from the start of trading.

The Nikkei Stock Average closed at 55,025 yen, up 776 yen from the previous day.
It continued the upward momentum from the previous day, marking a consecutive rise in Tokyo markets.

In the previous day’s U.S. market, concerns over the prolonged Middle East situation and volatile crude oil prices led to mixed performance, with the Dow and Nasdaq finishing with mixed results.
With geopolitical risk in the background, the market still retains an uneasy atmosphere.

Amid such an environment, the Tokyo market opened with broad buying across many stocks, and the gains gradually widened.
There were moments when the Nikkei rose to as high as 55,745 yen.

Among the notable aspects of this rise were gaming-related stocks.

Among them, Nintendo attracted strong buying after the price for selling 23.66 million shares was decided, viewed as “all bad news exhausted.”
As a large-cap stock, the company’s rise helped buoy market sentiment and brightened the overall mood of the market.

Another gaming-related company, Koei Tecmo, also rose on expectations of a strong start for “Pokémon.”
Gaming-related stocks came to lead the market as a sector.

Even in an environment where geopolitical risk is being acknowledged, it can be said that the market’s current characteristic is that funds flow into individual themes.

While the Tokyo market ended up advancing for a consecutive day, the outlook for the Middle East situation remains unclear.
Depending on crude oil prices and political developments in various countries, the market trend could shift rapidly.

In the short term, there is a sense of upward momentum, but depending on external conditions, the market wind direction could change quickly.

◆ Market Summary for Today

・Nikkei average closed at 55,025 yen, up 776 yen
・Tokyo market extended its gains for a consecutive day
・U.S. market was mixed between Dow and Nasdaq
・Nintendo rose on the “all bad news exhausted” effect after the price for selling shares was decided
・Koei Tecmo also rose on gaming-related themes

◆ Investor Memo

From this market, it is clear that even with geopolitical risk in focus, funds are firmly flowing into theme stocks.
In phases of high overall market uncertainty, it is important to observe which sectors are attracting funds rather than focusing on index movements.

With the current major uncertainty stemming from the Middle East situation, there is a possibility that market trends could change suddenly.
Rather than being swayed by short-term fluctuations, I feel it’s time to calmly assess the market while watching the direction of capital flows.