【Fuji-Tomi】 Nikkei average solidly rising, yen strength pauses, end-of-period supply and demand supportive
The Nikkei stock average rebounded as the yen’s advance paused and end-of-term supply and demand supported it, finishing at 19,202 yen 87 sen, up 217 yen 28 sen (1.14%) from the previous day. The intraday range was about 90 yen, staying within a narrow band. Today is the final trading day with dividend rights for March-quarter earnings, and in addition to individual investors, institutional investors such as pension funds were also observed buying, with stock index futures purchases aimed at dividend reinvestment pushing up the stock index. While fundamentals are by no means bad, uncertainties surrounding the Trump administration’s policies remain strong, so continued attention to currency movements appears necessary.
The TOPIX also rebounded, finishing at 1,544.83, up 20.44 points (1.34%). It ended at the high of the day. Tokyo Stock Exchange First Section trading value was 2.415 trillion yen, and trading volume was 1,913,000,000 shares. The number of advancing issues on the First Section was 1,804 (second-highest this year), the number of declining issues was 153, and 54 issues were unchanged.
https://www.fujitomi.co.jp/?p=14029
☆We would be grateful if you could refer to Twitter for market conditions.
