Today's stock outlook = rebound, support by lower US interest rates Interested in burying ex-dividends

TOKYO (Archyde.com) – The Nikkei stock average is expected to rebound in today’s Tokyo stock market. In response to the market stabilization measures of the Bank of England, it is said that buying is likely to lead in the form of a favorable impression that interest rates have fallen and stock prices have risen in the US market. Japanese stocks fell on the previous day due to concerns about falling US stocks, and it is believed that buying in anticipation of a self-sustaining rebound will take precedence. There is an interest in whether it will make up for the Nikkei Stock Average’s dividend ex-rights (market estimate of about 224 yen).

The expected range for the Nikkei Stock Average is 26,200 yen to 26,600 yen.

In the European and American markets the day before, the Bank of England (British Central Bank) announced that it would start temporary purchases of long-term government bonds to stabilize the market, which had been confused by concerns over the country’s fiscal policy, and interest rates fell. All three major U.S. stock indexes rose. Apple’s sale was prompted by concerns over demand for the iPhone.

Japanese stocks are expected to buy back stocks that were sold by the previous day. Yutaka Miura, Senior Technical Analyst at Mizuho Securities, said that the Nikkei Stock Average will push down by about 224 yen due to ex-dividends, but U.S. stocks are rising and it is possible that the ex-dividends will be compensated for. I have a point of view.

After the buying cycle is over, profit-taking selling is likely to hold down the upper price, while the speculation of dividend reinvestment is expected to support the lower price. The US Philadelphia Semiconductor Index rose 1.2%, which is likely to be a support material for domestic semiconductor stocks.

Earnings for Nike and Micron Technology are due today in the US, as well as weekly unemployment claims and April-June GDP figures.

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 26173.98 29388.16 24681.74