Delivery time2024-01-23 11:36
Asahi Shimbun “Net purchase by foreigners from the 9th to the 12th of this month was 8.6 trillion won due to the AI boom and semiconductor recovery… the highest in 11 years.”
The number of companies with a market capitalization exceeding 10 trillion yen increases from 10 last year to 15… “Large cap stocks stand out”
Japanese stock market continues to rise
(Tokyo EPA=Yonhap News) A passerby is passing by the Nikkei 225 average stock price board on the 22nd in Tokyo, Japan.
(Tokyo = Yonhap News) Correspondent Park Sang-hyun = Analysis shows that overseas investors are driving the stock market boom as the Japanese stock market rises rapidly in the new year and expectations are growing that it can break the all-time high reached at the end of 1989 during the ‘bubble economy’ era. came out.
The Nikkei 225 average stock price (hereinafter referred to as Nikkei index), the representative stock index of the Japanese stock market, rose nearly 350 points from the previous day during trading on the 23rd, reaching 36,896.
The Nikkei index ended trading at 33,464 on December 29 last year, and has been on the rise since trading began on the 4th of this year, rising by more than 3,400 points.
This corresponds to about 46% of the Nikkei index’s increase of 7,369 points last year.
Regarding the Japanese stock market’s strong performance, the Asahi Shimbun reported that “foreign investors are leading the upward trend.”
According to the stock trading status by investment sector from January 9 to 12 announced by the Tokyo Stock Exchange, the net purchase amount by overseas investors was 955.7 billion yen (about 8.6 trillion won).
Asahi said, “This is the highest level since March 2013, when Haruhiko Kuroda, who emphasized large-scale financial easing, took office as Governor of the Bank of Japan and the ‘Abenomics market’ was favored by overseas investors,” and added, “On a weekly basis, it is the 7th highest since 1993.” “The second time,” he said.
He then pointed out that overseas investors are interested in Japanese stocks due to the continued weakness of the yen and growing expectations that the Japanese economy will escape from deflation (falling prices in an economic recession).
The yen/dollar exchange rate was around 130 yen at the beginning of last year, but rose to 148 yen at the end of this month.
As a result, the performance of Japanese export companies improved and Japanese stocks were perceived as relatively cheap.
In addition, the Yomiuri Shimbun reported that there is a noticeable movement of funds from the Chinese stock market to Japan.
The newspaper said, “China’s Shanghai Composite Index continues to decline due to concerns about the economic outlook, including the deteriorating real estate market, and distrust in economic policies,” adding, “The strong performance of the Nikkei Index is due to overseas investors who had previously invested in the Chinese market redirecting their funds to Japanese stocks.” “It appears that turning it to .” also had an effect, he analyzed.
An official in the Japanese securities industry said, “China’s macroeconomic environment is uncertain,” and “we can expect funds to move from China to Japan.”
Meanwhile, the Nippon Keizai Shimbun (Nikkei) reported that stocks related to well-known large corporations are leading the upward trend in the Japanese stock market this year.
At the end of last year, there were 10 companies with a market capitalization exceeding 10 trillion yen (about 90 trillion won), but this year it increased to 15 as of the previous day.
Among large corporations, Tokyo Electron (19.0%), Itochu Corporation (13.1%), Sony Group (12.4%), and Nintendo (12.2%) had high stock price increases compared to last year’s closing price.
Nikkei said, “What stands out in the rise of large-cap stocks is foreign investor purchases,” and said that investment in related stocks is increasing due to the boom in artificial intelligence (AI) and expectations for a recovery in the semiconductor market.
[그래픽] Japan Nikkei Index Trend
(Kyodo = Yonhap News) Reporter Jae-yoon Lee = The average stock price of Nikkei 225, the representative stock index of the Japanese stock market, hit its highest level again in about 34 years after the ‘bubble economy’ on the 22nd. On this day, the Nikkei index closed at 36,546, up 1.62% from the previous trading day. [email protected] Twitter @yonhap_graphics Facebook tuney.kr/LeYN1
Report via KakaoTalk okjebo
<저작권자(c) 연합뉴스,
Unauthorized reproduction/redistribution, AI learning and use prohibited>
2024/01/23 11:36 Sent
2024-01-23 02:36:21
#Japans #stock #market #booming #alltime #high #foreign #investment #Fund #inflow #China #impact
