Nikkei's Christmas bargain hunting continues as yen goes soft - Thu 26 Dec 2024

Nikkei225 Summary
Thu 26 Dec 2024 - Japan’s Nikkei continues to attract more broad-based bargain hunting as the yen goes soft.

  • Nikkei225  39,568.06 (+437.63 +1.12%) 199 up 22 down 4 flat
  • Topix   2,766.78 (+32.92 +1.20%)
  • REIT    1,665.00 (+21.43 +1.30%)
  • JGB 10YR  1.088% (+0.0153)                                                  
  • USD/JPY  157.92 (-0.09 -0.05%)     
  • Crude Oil  69.67 (-0.43 -0.61%)


Top Performers

  • J. Front Retailing Co. Ltd.     ¥2,159.00 (+165.00 +8.27%) - retail -> soft yen encourages retail spending
  • Nissan Motor Co. Ltd.     ¥552.40 (+34.10 +6.58%) - autos -> positive sentiment carry over from honda-nissan merger
  • Mitsubishi Motors Corp.     ¥562.90 (+34.30 +6.49%) - autos -> positive sentiment carry over from honda-nissan merger
  • Toyota Motor Corp.     ¥3,142.00 (+177.50 +5.99%) - autos -> Toyota aims to double return on equity to 20% by 2030


Bottom Performers

  • Socionext Inc.     ¥2,537.00 (-57.00 -2.20%) - semicon
  • Eisai Co. Ltd.     ¥4,224.00 (-53.00 -1.24%) - pharma
  • Nitori Holdings Co. Ltd.     ¥18,295.00 (-145.00 -0.79%) - furniture & home interior goods -> raw material cost increases on soft yen


    

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