Market Outlook- 07 July 2021
Despite concerns about COVID-19 variants and Fed On Tuesday's currency market, the US dollar is trading in moves, Japanese stocks rose slightly. The Nikkei 225 the higher 110 yen range. Index rose 45.02 points, or 0.2 percent, to 28,643.21, while the Topix gained 0.3 percent to 1,954.50. According to a government report, the average household spending in Japan increased 11.6 percent year on year in SoftBank Group, a tech-startup investor, rose 1%, while May. This exceeded expectations for a 10.9 percent Daikin Industries, a maker of air conditioners, rose 2.6 increase following a 13.0 percent increase in April. percent. Household spending was down 2.1 percent on a monthly Air transport gained the most on the Topix, gaining 2.8 basis, but that was better than the 3.7 percent drop percent. Following that, oil and coal producers rose 1.8 expected. percent, followed by miners, who rose 1.6 percent. The average monthly income per household was 489,019 Shippers fell the most, down 1%, followed by securities yen, a 2.6 percent decrease year on year. firms, which fell 0.7 percent, and pharmaceutical companies, which fell 0.6 percent. The Japanese government is expected to decide on Thursday whether to extend a state of quasi-emergency The major exporters are mixed, with Sony up more than in Tokyo and three nearby prefectures beyond the original 1% and Canon up 0.5 percent, while Panasonic is down July 11 deadline. 0.5 percent and Mitsubishi Electric is down more than 1%.
In the technology sector, Advantest and Screen Holdings are both down 0.3 percent, while Tokyo Electron is unchanged. Mitsubishi UFJ Financial, Mizuho Financial, and Sumitomo Mitsui Financial are all up nearly 1% in the banking sector.
Top Gainers Top Losers
Company Last Price Change% Company Last Price Change%
Yamato Holdings Co. Ltd. ¥3,275.00 2.99% Mitsui E&S Holdings Co. Ltd. ¥547.00 -5.53%
CyberAgent Inc. ¥2,358.00 1.38% T&D Holdings Inc. ¥1,414.00 -3.94%
Olympus Corp. ¥2,226.50 1.18% Inpex Corp. ¥826.00 -3.62%
Nippon Express Co. Ltd. ¥8,240.00 0.98% Asahi Kasei Corp. ¥1,198.50 -3.11%
Nippon Light Metal ¥1,881.00 0.70% Holdings Co. Ltd. Kikkoman Corp. ¥6,950.00 -3.07% Market Outlook- 07 July 2021
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