TOKYO (Reuters) – Today’s Tokyo stock market is expected to see a slump in the Nikkei Stock Average. In addition to the slight decline in US stocks the day before, while Japanese stocks have a sense of caution against high prices, they continue to look for stocks with good earnings, and the speculation of shareholder returns supports the lower prices, and a new high is in sight. . Toyota Motor Corporation is scheduled to announce its financial results during the market, and there is interest in the impact on the market.
The expected range for the Nikkei average is 29,000 yen to 29,300 yen.
The US stock market closed with major stock indices falling. Investors became cautious ahead of the release of the US consumer price index (CPI) in April and talks over the US debt ceiling issue.
The Nikkei Stock Average is approaching the high price since the beginning of the year, and while high price warnings are smoldering, it seems that the search for good earnings stocks will continue to be active. There is also a deep-rooted desire to return profits to shareholders, and it is expected that the price will reach new highs.
In the market, “While there are investors who want to check the reaction of U.S. stocks to the announcement of the U.S. CPI, expectations for shareholder returns will underpin the market, which may lead to a conflict,” said Yutaka Miura of Mizuho Securities. Senior Technical Analyst) is asked.
Regarding Toyota’s financial results, an analyst at a domestic securities firm said, “In addition to performance, the presence or absence of shareholder returns is likely to be a key point.”
In Japan, the March economic trend index is scheduled to be released. In addition to Toyota, companies such as Panasonic Holdings and Nippon Steel are scheduled to announce corporate earnings.
Closing price of the previous business day High price since the beginning of the year Low price since the beginning of the year
Nikkei Average 29242.82 29278.8 25661.89
+292.94 2023/05/0 2023/01/0
2 4
Chicago Nikkei Stock Average Futures 29225 (Yen denominated)
2023-05-09 22:02:00
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