Dec 27th, 2013

85% of the total rose though N225 didn't rise!

Tokyo's Nikkei share average(Nikkei 225) ended 0.03% higher at 16,178.94. Nikkei225 dropped about 0.5% until 2:30 p.m, but it rose and rose from 2:30 p.m until the market closed. It rose due to anticipation of a rise and weak yen though some invetors sold stocks because of considering the year's high and weekend. Topix index was up 0.8% at 1290.07, its highest since July 2008.

Many companies rose because the yen fell to 105 yen to the dollars today, the year's low so far. Especially, the export companies whose ratio of overseas sales is high rose, for example, Toyota(NASDAQ:TM, TYO:7203), Honda(NASDAQ:HMC, TYO:7267), Denso(6902), Toshiba(NASDAQ:TOSBF, TYO:6502) and more. In addition, the stocks of shipping industry and steel industry rose, too.

On the other hand, Takeda Pharmaceutical Company(4502) ended 5.0% lower at 4,835. It published stopping development of TAK-875 this mornig. TAK-875 is the medicine of disbetes, and it was expected increasing Takeda's sales and profits.

The number of rising stocks today is 1515, and 85% of the total stocks in Tokyo Market rose with 2.64 billion share changing hands. Meanwhile, the number of stocks dropped today is 201.