Many companies passed thier settlement, but We have two big global events in this week. The first is that the FOMC meeting minutes will be published on Wednesday and the second is a Trumps policy that is expected to be announced in February.
So investor wait and see mode remained unchanged, but the market’s downside was also supported by expectations for the BOJ’s purchases of exchange-traded funds.
So in the afternoon, Nikkei rose to 19,250 and it finished at 19,251 yen.
As viewed form sectors, because of the continuous stronger yen, domestic demand stocks generally showed good performance.
通信 sector rose 0.8% and food sector rose 0.2%.
Talking about individual companies,Bridgestone rose 5.4% because they announced that they will implement their own share purchase up to 6.4% of the outstanding shares.
And Toshiba rose 1.3%. It rebounded for the first time in five market days.
China stock rose 1.2%. Policy expectation and new influx of pension funds helped the index rise.
European stocks generally showed good performance.
U.S. markets was closed for the Presidents Day holiday.
Today, I think Nikkei will be flat or go up slightly.
With the closing of the settlement and the currency exchange stability being low,investors can’t buy the stocks actively.
Selection of individual stocks progresses with less trading value