The outlook for tariff negotiations is uncertain, U.S. stock Futures have decreased, European stocks opened lower collectively, and the dollar has weakened.
In Pre-Market Trading, Growth Tech stocks experienced widespread declines, with NVIDIA and Tesla both dropping nearly 1%. JD.com fell about 5%, while Ideal dropped over 2%. European stocks opened lower collectively, and the euro rose 0.6% against the dollar, reaching 1.1386. Spot Gold increased 1.2% to $3,327.98 per ounce.
Recovery to 35,000 yen due to easing of US-China trade tensions and expectations from the Japan-US finance ministers' meeting.
The Nikkei average continued to rise, finishing the day at 35,039.15 yen, up 170.52 yen, recovering the 35,000 yen mark for the first time in three weeks with an estimated Volume of 1.8 billion 80 million shares. The U.S. market on the 23rd rose on expectations of easing U.S.-China trade tensions following reports from U.S. Broadcasting that the Trump administration is considering lowering tariffs on China. Following this trend, the Tokyo market began with Buy activity focused on high-tech stocks, and the Nikkei average reached 35,287 shortly after the opening.
Is there new evidence for the "Sell USA" Trade? Japan Assets attract record inflow of funds.
According to preliminary weekly data released by Japan's Ministry of Finance on Thursday, overseas investors have net Bought 9.64 trillion yen (67.5 billion USD) of Japanese Bonds and Stocks so far in April; based on balance of payments data dating back to 1996, this level is already the highest net Inflow for any recorded month.
Verifying capital outflows from the USA market, Japanese stocks and bonds attracted a record amount of funds in April.
According to data released by Japan's Ministry of Finance on Thursday, as of April, overseas investors have net bought 9.64 trillion yen (approximately 67.5 billion USD) of Japanese Bonds and Stocks. This is the highest level ever recorded since 1996.
Tokyu Construction updates its high price [New high and new low stocks].
The stocks that updated new highs on the Tokyo Main Board are Tokyu Construction <1720> and Takamatsu Construction Group <1762>, a total of 39 stocks. The stock that updated a new low on the Tokyo Main Board is Ovic Business Consultant <4733>, a total of 1 stock. "Tokyo Main Board" "Tokyo Standard" "Tokyo Growth" New Highs New Lows New Highs New Lows New Highs New Lows 04/24 391460142 04/23 142053021 04/22 145263431 04/21 1476.
On the 24th, the Nikkei average stock price closed up by 170.52 yen at 30,503.15 yen, continuing to rise.
On the 24th, the Nikkei average stock price in the afternoon session closed up 170 yen and 52 sen at 30,5039 yen and 15 sen. Provided by Wealth Advisor Corporation.
Cui Nyonya Kueh : Thank you. See you tomorrow!
Cui Nyonya Kueh : Guys take note 23 April 1330 is the inflation data for SG only