[Tokyo 8th Archyde.com]–On the Tokyo Stock Exchange, the Nikkei average closed at 24,790.95 yen, down 430.46 yen from the previous business day, on the third consecutive day. The uncertainties in the situation in Ukraine and the negative impact on the economy due to the high price of crude oil were wary, and the market was weighed down. It fell below the psychological milestone of 25,000 yen from the close-up, and in the afternoon it expanded to over 400 yen, hitting the lowest price in about one year and four months.
The Nikkei average in the morning continued to decline even after it approached below the psychological milestone of 25,000 yen. It is the first time since November 2020 that the price has fallen below 25,000 yen, and the low price has been updated every day since last year. After that, due to the sharp drop until the day before, buying aimed at autonomous repulsion became dominant, and there was a scene where it turned positive for a while, but the momentum did not continue and it was pushed back to negative again in a short time.
WTI crude oil futures have fallen from around $ 130 a barrel on the previous day, and there is widespread acceptance that the recent upward trend has come to a halt. However, it has remained firm at around $ 120, and there was a sense of caution that “the risk of a re-rise cannot be wiped out” (domestic securities). The low price of US stock futures in the afternoon also weighed on investor sentiment.
In the market, “While inflation and the impact on the world economy due to economic sanctions against Russia are wary, there is no clue to the solution of the situation in Ukraine and the top price is heavy” (Miki Securities Deputy Director, Investment Information Group, Commodity Department Atsushi Kitazawa) There was a voice. On the other hand, the expected PER (price-earnings ratio) of the Nikkei average has dropped to 12.19 times as of the previous day, “It may be even lower depending on the material, but it is a level that you can be aware of bottoming out” (Mr. Kitazawa). The view of was also asked.
TOPIX closed at 1759.86 points, down 1.90%. The trading value of the first section of the Tokyo Stock Exchange swelled to 4,076,808 million yen. In the TSE 33 industries, prices have dropped in all industries. Petroleum and coal products, steel, shipping, mining, and non-ferrous metals were ranked high in the rate of price decline.
On an individual basis, the rise in prices of crude oil and non-ferrous metals seemed to have stopped, and brands such as INPEX, Idemitsu Kosan, and Sumitomo Metal Mining, which had been bought against the backdrop of high resource prices, weakened. There was no such thing as Kawasaki Kisen or Japan Airlines, as they were aware of the cost increase due to the high price of crude oil.
On the other hand, Daikin Industries, FANUC, Shin-Etsu Chemical, etc., which were significantly cheaper the day before, were positive.
The number of rises and falls in the first section of the Tokyo Stock Exchange was 346 (15%) for the rise, 1788 (82%) for the fall, and 46 (2%) for the same.
Closed price Closer than the previous day Low / High
Nikkei 225 24790.95 -430.46 24974.35 24,767.33─25,291.33
ＴＯＰＩＸ 1759.86 -34.17 1777.44 1,756.44─1,792.27
TSE Volume (10,000 shares) 187340 TSE Trading Value (100 million yen) 40768.08