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On the 29th, the ADR trends show that Shin-Etsu Chemical, Sony Group Corp, Kawasaki Heavy Industries, ETC are performing well in yen terms.
On the 29th, the ADRs (American Depositary Receipt) had a nearly broad increase compared to the Tokyo closing price on the 28th when converted to yen. In yen conversion, Shin-Etsu Chemical <4063.T>, Sony Group Corp <6758.T>, Kawasaki Heavy Industries <7012.T>, Mitsubishi UFJ <8306.T>, and Sumitomo Trust <8309.T> saw increases. Omron <6645.T>, Mitsubishi Heavy Industries <7011.T>, Mitsui Sumitomo <8316.T>, ORIX <8591.T>, and Nitori Holdings <9843.T> also remained strong. Provided by Wealth.
Sumitomo Mitsui Banking Corporation Announces COO Appointment
SMBC Americas Hires Greg Keeley as Chief Operating Officer
SMBC Americas Hires Greg Keeley As Chief Operating Officer >SMFG
Top Gap Ups and Downs on Monday: SAP, TM, MUFG and More
The Nikkei average rose by 170 yen, continuing to climb, though it faced resistance; it recovered to 35,000 yen in closing price for the first time in three weeks on the afternoon of the 24th.
On the 24th, the Nikkei average in the afternoon session rose by 170.52 yen from the previous day to 30,039.15 yen, continuing its upward trend. The TOPIX (Tokyo Stock Price Index) increased by 8.24 points to 2,592.56 points, marking three consecutive days of gains. The Nikkei average, on a closing basis, recovered to above 30,000 yen for the first time in three weeks since the 2nd (35,725.87 yen). At 9:08 AM, it reached 35,287.95 yen, up by 419.32 yen. In the local US market on the 23rd, President Trump announced a significant reduction in tariffs on China from 145%.
