On December 1st, the Tokyo stock market saw an increase in buy orders as concerns about the U.S. Central Bank continuing to raise interest rates have eased, and the Nikkei Stock Average rose by more than 400 yen at one point.
New York on the 30th in response to a speech given by Powell, chairman of the Federal Reserve Board, which is the central bank of the United States, on November 30th and suggested that the rate hike would be reduced at the meeting this month at the earliest. In the stock market, the Dow average stock price has risen significantly above $ 700.
In response to this trend, buy orders spread in the Tokyo market immediately after the start of trading, and the Nikkei Stock Average temporarily rose by more than 400 yen.
▽The Nikkei Stock Average closing price in the morning was 28,281.4 yen, which is 312.5 yen higher than the closing price on the 30th.
▽ Tokyo Stock Price Index = Topics rose 4.22 to 1989.79.
▽ The trading volume in the morning was 674.47 million shares.
A market insider said, ``In response to Chairman Powell's remarks, investors were less cautious about the future of the US economy due to the continuation of significant interest rate hikes, and immediately after the start of trading, buy orders centered on stocks such as semiconductors and electronic components. After that, the yen appreciated rapidly in the foreign exchange market, and there were orders to sell export-related stocks such as automobiles."