Daiwa Securities Group, Inc.

SFTBY

9984

1330

1329

1320

1321

1369

1346

Japanese equities surged to a record high, with the Nikkei 225 gaining 3,320 points or 5.6%, marking the largest point gain ever. The index reached an intraday high of 63,091 before closing at 62,833. Key stocks in AI and semiconductors saw significant increases, including SoftBank Group and Kioxia, which rose 18.4% and 19.2%, respectively. Other sectors also performed well, with notable gains in heavy machinery and financial stocks. The USD/JPY was quoted at 156.05.

AASTOCKS News

SoftBank

SoftBank Group Corp.

Sumitomo Mitsui Trust Holdings, Inc.

BlackRock, Inc.

Nomura Holdings, Inc.

Asset Management One Co., Ltd.

Mitsubishi UFJ Financial Group, Inc.

Pro Ultrshrt Yen

SUMCO

Tokyo Electron Ltd.

Advantest Corp.

Disco Corporation

Lasertec Corp.

IBIDEN CO., LTD.

Furukawa Electric Co., Ltd.

Fujikura Ltd

Sumitomo Electric Industries, Ltd.

Kawasaki Heavy Industries Ltd.

IHI Corporation

Sumitomo Metal Mining Co., Ltd.

Mitsui Mining and Smelting Company, Limited

Marubeni Corporation

Mitsui & Co.,Ltd

Sumitomo Corporation

INPEX CORPORATION

Sumitomo Mitsui Financial Group, Inc.

Mizuho Financial Group, Inc.

Dai-ichi Life Holdings,Inc.

FAST RETAILING CO., LTD.

Sanrio Company, Ltd.

Keyence Corporation

Tokyo Electron

Lasertec Corporation

Kawasaki Heavy Industries, Ltd.

Mizuho Financial

FAST RETAIL-DRS

Fast Retailing

Keyence

Nikkei Surges 3,320 pts or 5.6%, Hits Record High with Largest Ever Point Gain

2525

The Japanese stock market ended its two-day winning streak, with the Nikkei dropping 619.90 points (1.02%) to close at 59,917.46. This decline follows losses in technology stocks, despite gains in the automobile sector. Global market forecasts are weak due to rising oil prices and Middle East uncertainties. Wall Street's mixed performance added to the cautious sentiment, as traders await earnings reports from major tech companies. Japan is set to release key economic data today, including industrial production and retail sales figures.

nasdaq

Japan Agricultural Cooperatives Group

Nissan Motor Co., Ltd.

Nissan Motor

Mazda Motor Corp.

Mazda Motor

Toyota Motor Corp.

Toyota Motor

Honda Motor Co., Ltd.

Honda Motor

Mitsubishi UFJ Financial

Sumitomo Mitsui Financial

Mitsubishi Electric Corp.

Mitsubishi Electric

Sony Group Corporation

Sony

Panasonic Corporation

Panasonic Holdings Corporation

Hitachi,Ltd.

Hitachi

Dow Jones Industrial Average

Nasdaq

NASDAQ Composite Index

S&P 500

Alphabet

Alphabet - C

Amazon

Meta Platforms

Microsoft

Toyota

Japan Bourse May Extend Tuesday's Losses

1397

Japan's March imports rose 10.9% year-on-year, exceeding expectations of 7% and the previous reading of 10.2%

Wallstreetcn

MS&AD Insurance Group Holdings, Inc.

Asian stock markets fell on April 17 as investors awaited news on the Iran-US ceasefire extension. Despite a record-breaking week for equities, concerns over a potential collapse of the truce led to losses across major markets, including Tokyo and Seoul. Oil prices also dropped, although they remain near $100 a barrel. Analysts noted that while there is optimism about peace talks, the risk sentiment is fragile, with a breakdown in negotiations potentially reversing recent market gains.

National Australia Bank Limited

National Australia Bank (NAB)

Asian stocks reverse as investors await news on US-Iran peace talks

07262

07515

513520

03153

FL2 CSOP NIKKEI

FI2 CSOP NIKKEI

ChinaAMC Nomura N225 ETF(QDII)

CSOP NIKKEI225

1571

1305

1473

1306

1568

1475

The IMF anticipates that the Bank of Japan will increase interest rates at a slightly faster pace than previously expected, projecting a gradual rise towards a neutral rate of about 1.5% by the end of 2027. Japan's economy is expected to grow 1.2% in 2025, slowing to 0.7% in 2026 and 0.6% in 2027. Inflation is predicted to moderate and align with the BOJ's 2% target as commodity prices ease. The BOJ's next policy meeting on April 27-28 is under scrutiny, with market volatility due to the Middle East conflict affecting economic forecasts.

Businesstimes News

Simplex Financial Holdings Co., Ltd.

IMF expects pace of Japan's interest rate hikes to speed up slightly

Bank of Japan Governor Kazuo Ueda stated that the current state of Japan's economy and prices is largely in line with the central bank's expectations. According to Jin10, Ueda's comments suggest that the Bank of Japan's monetary policy is effectively supporting the country's economic objectives. The alignment of economic indicators with the bank's forecasts indicates stability in Japan's economic environment. Ueda's remarks come amid ongoing assessments of global economic conditions and their potential impact on Japan's financial landscape.

CoinLive

Bank of Japan Governor: Economy and Prices Align with Expectations

Due to the U.S. blockade of the Strait of Hormuz and the escalation of the situation in the Middle East, Japan's 10-year government bond yield rose to its highest level since 1997, reaching 2.49%. Government bond futures prices once fell by 55 basis points. The yen continues to weaken, approaching 160 yen against the U.S. dollar, while the Singapore dollar against the yen hit a historic high of 125.20. Japan's Finance Minister stated that they are prepared to take action considering the impact of exchange rate fluctuations on the economy

Zaobao

Currencyshares JPY Trust

Pro Ultr Yen

The Singapore dollar against the Japanese yen broke 125, and the yield on Japanese government bonds rose to the highest level since 1997 | Lianhe Zaobao

Nikkei 225 futures surged 4.8% intraday

Daiwa Securities Group, Inc.(1320.JP)