Stock Research
The overseas NY stock market over the weekend was mixed.
Boeing drafted a contingency plan to raise the monthly production of its passenger jet 737 MAX to a maximum of 42 aircraft in fall 2022,
Boeing was bought, and the Dow Jones Industrial Average extended its gains.
Improvement in business sentiment among Western companies led to buying focus on economically sensitive stocks.
The Nasdaq Composite fell on the 21st, but for the week it rebounded for the first time in five weeks.
This week, investment funds returned to large tech-related stocks that had been heavily sold due to inflation concerns.
Bitcoin, the cryptocurrency, fell.
Concerns were souring as China’s Financial Stability and Development Committee expressed plans to tighten mining and trading of Bitcoin to prevent and manage financial risks.
The Philadelphia semiconductor index (SOX) fell for the first time in three days.
At the New York COMEX, gold futures fell for the first time in seven trading days as a stronger dollar weighed on prices.
For the week, it rose by $38.60 (2.10%), marking the third consecutive weekly gain.
Crude oil futures on the NYMEX rose due to bargain buying, among other factors.
Total trading volume across the three markets (NYSE, MKT, Nasdaq) was about 9.08 billion shares.
On a weekly basis, the Dow fell 0.5% for a second straight week (a total drop of 1.6%),
the Nasdaq Composite rose 0.3%, marking a rebound for the first time in five weeks, and the S&P 500 fell 0.4% for a second straight week (down 1.8% in total) to close.
In the Tokyo stock market on the weekend, the Nikkei Stock Average rose for the second day in a row by 0.78%.
The TOPIX also rose for the second day in a row by 0.46%.
The Tokyo Stock Exchange Mothers market (+2.26%), and the Nikkei Jasdaq Average (+0.39%) rose for the fourth day in a row, while the Tokyo Stock Exchange Second Section fell 0.02%, ending two days of gains.
TSE First Section volume was 1,037,960,000 shares, and trading value was 2,380.2 billion yen.
TSE First Section rising stocks were 1,076 (49%), falling stocks 1,009 (46%), and unchanged 107 (4%).
Mothers market volume was 81.16 million shares, with a trading value of 1,663 billion yen.
Mothers rising stocks were 16 (44%), falling 13 (36%), unchanged 7 (19%).
In the TSE First Section by industry, 19 sectors advanced and 14 declined.
Among the gainers were other products, services, precision instruments, information and communications, transport equipment, pharmaceuticals, electrical machinery, …
Among the decliners were mining, petroleum and coal products, rubber products, insurance, banking, land transportation, pulp and paper, electricity and gas, …
The Nikkei average continued to rise.
In the morning, buoyed by the fall in U.S. long-term interest rates and other factors, buying led the U.S. stock market higher on the 20th.
It briefly rose to 28,411 yen (up 313 yen from the previous day).
Afterward, the gains narrowed to below 28,200 yen, but in the afternoon recovered, and the closing level remained in the 28,300 yen range.
The Mothers index remained firm throughout the day, closing at a high level for the fourth straight day.
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