In the Tokyo stock market on the 21st, the Nikkei Stock Average fell by more than 200 yen at one point and remained in the low 38,000 yen range, as all major stock indexes fell in the New York market on the 20th. Masu.
In the New York market on the 20th, all major stock indexes fell, including high-tech stocks, and in the Tokyo market on the 21st, sell orders were placed on semiconductor-related stocks.
The Nikkei Stock Average briefly rose to a level close to 38,957 yen, the all-time high during trading hours during the bubble period, at the end of last week, and has been trading at around 38,000 yen this week, with a mix of buying and selling. It is progressing.
A market source said, ``There are still strong expectations for Japanese stocks to rise due to solid corporate performance.The market is focused on the financial results of American semiconductor giant Nvidia, which will be announced on the morning of the 21st, Japan time. "Many investors are taking a wait-and-see attitude on the 20th."
Stock prices of semiconductor-related companies
Against the backdrop of rising global demand for semiconductors, stock prices of semiconductor-related companies are rising noticeably in the Tokyo market.
Among these, the stock price of semiconductor manufacturing equipment manufacturer Tokyo Electron has increased by approximately 37% since the beginning of this year, far exceeding the 14% increase in the Nikkei Stock Average.
In addition, the stock price of Advantest, which manufactures semiconductor inspection equipment, rose about 40%, and the stock price of SCREEN Holdings, a semiconductor manufacturing equipment manufacturer, rose about 54%.
In addition, the stock price of SoftBank Group, which owns the British semiconductor development company Arm, has increased by approximately 35%, and the stock price of Shin-Etsu Chemical, which has a large share of the semiconductor material silicon wafer, continues to rise.