The Nikkei average closed on the Tokyo Stock Exchange for 6 days in a row, rising 122.74 yen from the previous business day to 27,803.00 yen. The Bank of Japan's decision to maintain the status quo of monetary policy has given rise to a sense of security, and it has emerged into positive territory later.


The Nikkei Average in the previous session was in the negative territory, but during the lunch break, the results of the BOJ's monetary policy decision meeting were announced, and when it was communicated that the status quo of monetary policy was maintained, it emerged in the positive sphere in the latter session.


As the Nikkei average rose at a rapid pace until the day before, Japanese stocks approached at a low price and then continued to make small movements. The Nikkei 225 futures rose when the BOJ's easing and maintenance was transmitted after noon. "The confirmation of continued easing has given rise to a sense of security in the market" (domestic securities), and the Nikkei average in the latter part of the market remained firm in the positive territory and gradually widened toward the close. There was little sense of direction, and there were no characteristics such as color by sector.


Excessive concerns over US monetary tightening have eased in the market, with some saying that "it is at a turning point in the transition from a reverse monetary market, where stock prices fall due to rising interest rates, to a business performance market" (domestic securities). As for the financial results of Japanese companies, which will start in earnest from next week, export-type companies are expected to perform well due to the depreciation of the yen, but the impact of high costs is also noteworthy. Mr. Masahiro Yamaguchi, General Manager of the Investment Research Department of SMBC Trust Bank, said, "There is a possibility that the business performance will be different for each industry, and it is unclear whether the Nikkei average will continue to be strong even if it rises."


TOPIX closed at 1950.59 points, up 0.21%, and the TSE Prime Market Index closed at 1003.61 points, up 0.21% from the previous business day. The trading value of the TSE prime market was 2,507,919 million yen. Among the 33 industries of the TSE, the price increase was in 19 industries such as fisheries/agriculture and forestry, shipping, and precision equipment, and the price decrease was in 14 industries such as steel, electricity/gas, and air transportation.


On an individual basis, Fast Retailing, which has a large index contribution, and SoftBank Group rose slightly, while Tokyo Electron fell. Not even Shionogi Pharmaceutical, whose urgent approval for the new oral coronavirus drug was postponed the day before.


The number of rises and falls in the prime market was 1312 (71%), which was up, 441 (23%), and 85 (4%), which was unchanged.


Nikkei 225 27803.00 +122.74 27627.88 27,549.56─2


7,803.00

TOPIX 1950.59 +4.15 1938.76 1,935.96─1,


951.01

Prime index 1003.61 +2.13 997.45 996.28─1,00


3.83

Standard index 989.92 +6.51 982.01 982.01 ─ 989.


97

Growth index 908.26 +25.04 886.94 886.94─909.


36

TSE trading volume (10,000 shares) 97053 TSE trading value (100 million yen 25079.19)