Market Update
China Markets Turned Cautious Ahead of Xi-Trump Call
Li Chen
19 Sep, 2025
Hong Kong
China's stock market indexes struggled to stay above the flatline, and investors turned cautious ahead of a call between the leaders of China and the U.S.
The Hang Seng index inched higher 0.1%, and the CSI 300 index increased 0.3% amid a potential disruption in trade talks between China and the U.S.
Xi Jinping and Donald Trump are set to discuss the future of TikTok, tariff levels, and engagement rules for advanced chip trade.
The call between the two leaders is set to start at 9:00 a.m. Eastern Time.
For the week, the Hang Seng index increased 1.2%, and the CSI 300 index decreased 0.5%.
Over the last three months, foreign investors have tiptoed into Chinese stocks trading on the Hong Kong Stock Exchange, driving the two benchmark indexes to multi-year highs.
China Indexes and Stocks
The Hang Seng Index increased 0.1% to 26,564.81, and the mainland-focused CSI 300 index edged up 0.3% to 4,512.77.
Anta Sports Products advanced 2.4% to HK$96.65, AIA Group Ltd. decreased 1.5% to $72.0, and Nongfu Spring Ltd. increased 1.6% to HK$54.55.
GenFleet Therapeutics Shanghai soared 116% to HK$44.04, and the biopharmaceutical company sold 89.2 million shares in a global offering and raised gross proceeds of HK$1.82 billion.
The oncology-focused biotech company priced its share at HK$20.39 and sold 81.5 million shares to international investors and 7.76 million shares to local investors.
Hebei Chichang Auto Parts soared 293% to 42.61 yuan, and the manufacturing company listed its share on the Beijing Stock Exchange.
Zijin Gold International, a subsidiary of Zijin Mining, is likely to complete its public offering in Hong Kong to raise as much as HK$25 billion, or $3.2 billion, and list its stock on September 29.
China Markets Turned Cautious Ahead of Xi-Trump Call
Li Chen
19 Sep, 2025
Hong Kong
China's stock market indexes struggled to stay above the flatline, and investors turned cautious ahead of a call between the leaders of China and the U.S.
The Hang Seng index inched higher 0.1%, and the CSI 300 index increased 0.3% amid a potential disruption in trade talks between China and the U.S.
Xi Jinping and Donald Trump are set to discuss the future of TikTok, tariff levels, and engagement rules for advanced chip trade.
The call between the two leaders is set to start at 9:00 a.m. Eastern Time.
For the week, the Hang Seng index increased 1.2%, and the CSI 300 index decreased 0.5%.
Over the last three months, foreign investors have tiptoed into Chinese stocks trading on the Hong Kong Stock Exchange, driving the two benchmark indexes to multi-year highs.
China Indexes and Stocks
The Hang Seng Index increased 0.1% to 26,564.81, and the mainland-focused CSI 300 index edged up 0.3% to 4,512.77.
Anta Sports Products advanced 2.4% to HK$96.65, AIA Group Ltd. decreased 1.5% to $72.0, and Nongfu Spring Ltd. increased 1.6% to HK$54.55.
GenFleet Therapeutics Shanghai soared 116% to HK$44.04, and the biopharmaceutical company sold 89.2 million shares in a global offering and raised gross proceeds of HK$1.82 billion.
The oncology-focused biotech company priced its share at HK$20.39 and sold 81.5 million shares to international investors and 7.76 million shares to local investors.
Hebei Chichang Auto Parts soared 293% to 42.61 yuan, and the manufacturing company listed its share on the Beijing Stock Exchange.
Zijin Gold International, a subsidiary of Zijin Mining, is likely to complete its public offering in Hong Kong to raise as much as HK$25 billion, or $3.2 billion, and list its stock on September 29.
Another Upswing In Big Tech Stocks Lifts U.S. Indexes to New highs After Rate Decisions
Barry Adams
18 Sep, 2025
New York City
Wall Street indexes attempted to rebound a day after the Federal Reserve's policymakers preferred a gradual approach in tackling its dual mandate.
The S&P 500 index increased 0.8%, and the tech-focused Nasdaq Composite advanced 1.0% after the Federal Reserve lowered its key lending rate range by 25 basis points.
Fed Chairman Jerome Powell stressed that policymakers are not sure about the future course of the rate path, but the so-called dot plot indicated two additional rate cuts in the remainder of the year.
The policymakers are also estimating only one rate cut in 2026, as the committee held its annual outlook for the jobless rate at 4.5% and inflation at 3%.
However, the GDP growth for 2025 was slightly revised higher at 1.6% from the previous estimate of 1.4% released after June's meeting.
Despite the recent market jitters, the S&P 500 and the Nasdaq Composite are still in the positive terriory in the week so far.
U.S. Stock Movers
Intel Corp. jumped 30% to $32.35 after Nvidia said it plans to invest $5 billion in the chipmaker to jointly develop PC products and data centers.
Darden Restaurants dropped 7% to $194.30 after the parent company of Olive Garden reported mixed results for the fiscal first quarter ending on August 24.
Same-store sales in the quarter increased 4.7%, driven by a 5.9% rise at Olive Garden, 5.5% at LongHorn Steakhouse, and a 0.2% decline in its fine dining segment.
Total sales increased 10% to $3.0 billion from $2.8 billion, net income advanced $257.8 million from $207.2 million, and diluted earnings per share increased to $2.19 from $1.74 a year ago.
The company guided fiscal 2026 sales to increase between 7.5% and 8.5%, including 2% growth related to the 53rd week, and same-store sales to increase between 2.5% and 3.5%.
Cracker Barrel Old Country Store, Inc., dropped 9.3% to $44.99 after the restaurant and retail chain reported a 62% drop in quarterly profit in the fourth quarter ending on August 1, 2025.
Consolidated revenue decreased to $868 million from $894 million, net income dropped to $6.8 million from $18.1 million, and diluted earnings per share fell to 30 cents from 81 cents a year ago.
The company's board declared a quarterly dividend of $0.25 per share, payable on November 12 to shareholders on record on October 17.
The company also announced a new $100 million share repurchase program.
Big Tech Rebound Lifts U.S. Indexes to New highs After Rate Decisions
Barry Adams
18 Sep, 2025
New York City
Wall Street indexes attempted to rebound a day after the Federal Reserve's policymakers preferred a gradual approach in tackling its dual mandate.
The S&P 500 index increased 0.8%, and the tech-focused Nasdaq Composite advanced 1.0% after the Federal Reserve lowered its key lending rate range by 25 basis points.
Fed Chairman Jerome Powell stressed that policymakers are not sure about the future course of the rate path, but the so-called dot plot indicated two additional rate cuts in the remainder of the year.
The policymakers are also estimating only one rate cut in 2026, as the committee held its annual outlook for the jobless rate at 4.5% and inflation at 3%.
However, the GDP growth for 2025 was slightly revised higher at 1.6% from the previous estimate of 1.4% released after June's meeting.
U.S. Stock Movers
Intel Corp. jumped 30% to $32.35 after Nvidia said it plans to invest $5 billion in the chipmaker to jointly develop PC products and data centers.
Darden Restaurants dropped 7% to $194.30 after the parent company of Olive Garden reported mixed results for the fiscal first quarter ending on August 24.
Same-store sales in the quarter increased 4.7%, driven by a 5.9% rise at Olive Garden, 5.5% at LongHorn Steakhouse, and a 0.2% decline in its fine dining segment.
Total sales increased 10% to $3.0 billion from $2.8 billion, net income advanced $257.8 million from $207.2 million, and diluted earnings per share increased to $2.19 from $1.74 a year ago.
The company guided fiscal 2026 sales to increase between 7.5% and 8.5%, including 2% growth related to the 53rd week, and same-store sales to increase between 2.5% and 3.5%.
Cracker Barrel Old Country Store, Inc., dropped 9.3% to $44.99 after the restaurant and retail chain reported a 62% drop in quarterly profit in the fourth quarter ending on August 1, 2025.
Consolidated revenue decreased to $868 million from $894 million, net income dropped to $6.8 million from $18.1 million, and diluted earnings per share fell to 30 cents from 81 cents a year ago.
The company's board declared a quarterly dividend of $0.25 per share, payable on November 12 to shareholders on record on October 17.
The company also announced a new $100 million share repurchase program.
U.S. Movers: Cracker Barrel
Scott Peters
18 Sep, 2025
Mumbai
Cracker Barrel Old Country Store, Inc., dropped 9.3% to $44.99 after the restaurant and retail chain reported a 62% drop in quarterly profit in the fourth quarter ending on August 1, 2025.
Consolidated revenue decreased to $868 million from $894 million, net income dropped to $6.8 million from $18.1 million, and diluted earnings per share fell to 30 cents from 81 cents a year ago.
The company's board declared a quarterly dividend of $0.25 per share, payable on November 12 to shareholders on record on October 17.
The company also announced a new $100 million share repurchase program.
Cracker Barrel guided full-year revenue to be between $3.35 billion and $3.45 billion, which assumes a comparable store traffic decline of 4% to 7%.
The company estimated adjusted operating income between $150 million and $190 million and anticipated commodity inflation of 2.5% to 3.5% and hourly wage inflation of 3.0% to 4.0%.
The restaurant company projected capital spending to range between $135 million and $150 million, primarily for maintenance, with no planned spending on new remodels.
The company also plans to open 2 new Cracker Barrel locations and close 14 Maple Street units.
U.S. Movers: Cracker Barrel
Scott Peters
18 Sep, 2025
Mumbai
Cracker Barrel Old Country Store, Inc., dropped 9.3% to $44.99 after the restaurant and retail chain reported a 62% drop in quarterly profit in the fourth quarter ending on August 1, 2025.
Consolidated revenue decreased to $868 million from $894 million, net income dropped to $6.8 million from $18.1 million, and diluted earnings per share fell to 30 cents from 81 cents a year ago.
The company's board declared a quarterly dividend of $0.25 per share, payable on November 12 to shareholders on record on October 17.
The company also announced a new $100 million share repurchase program.
Cracker Barrel guided full-year revenue to be between $3.35 billion and $3.45 billion, which assumes a comparable store traffic decline of 4% to 7%.
The company estimated adjusted operating income between $150 million and $190 million and anticipated commodity inflation of 2.5% to 3.5% and hourly wage inflation of 3.0% to 4.0%.
The restaurant company projected capital spending to range between $135 million and $150 million, primarily for maintenance, with no planned spending on new remodels.
The company also plans to open 2 new Cracker Barrel locations and close 14 Maple Street units.
Nikkei 225 Rebounded After Fed's Rate Cut, Japan's Core Machinery Orders Dropped Sharply In July
Akira Ito
18 Sep, 2025
Tokyo
Japan's key indexes rebounded from the previous session after the U.S. Federal Reserve delivered a quarter-point rate cut as widely anticipated.
The Nikkei 225 Stock Average increased 1.3%, and the broader Topix gained 0.5% ahead of the Bank of Japan's policy decision on Friday.
The U.S. Federal Reserve cut its fed funds rate range by 25 basis points to between 4.0% and 4.25% and signaled possible additional rate cuts totaling 50 basis points in 2025.
The central bank revised its 2025 GDP growth estimate to 1.6% from 1.4% but held its jobless rate estimate at 4.5%, PCE inflation at 3.0%, and core PCE rate at 3.1% compared to its previous estimate released in June.
Closer to home, the Bank of Japan is widely anticipated to hold its short-term rate at 0.5% on Friday as policymakers assess the impact of U.S. tariffs on the export-driven Japanese economy.
Volatile Core Machinery Orders Dropped Sharply in June
Japan's core machine orders declined in July from the previous month, led by the non-manufacturing sector, the Cabinet Office reported Thursday.
Core machinery orders, which exclude large and infrequent orders for ships and power plants, fell 4.6% in July to ¥898 billion yen, reversing a 3% increase in June.
Core machine orders are seen as a leading indicator of the capital spending over the next six to nine months.
The drop was led by the non-manufacturing sector, which decreased 3.9% to ¥501.1 billion, while manufacturing orders advanced 3.9% to ¥428.4 billion.
On an annual basis, core machinery orders rose at a slower pace of 4.9% compared to the 7.6% rise in June.
Japan Indexes and Stocks
The Nikkei 225 Stock Average soared 1.3% to 45,379.37, and the broader Topix advanced 0.5% to 3,161.28.
Technology stocks led gainers in Tokyo on Thursday, following the U.S. rate cut.
SoftBank Group Corp. increased 2.2% to ¥18,445.0, Tokyo Electron advanced 5.7% to ¥25,620.0, and Lasertec gained 3% to ¥17,225.0.
Sumitomo Mitsui Financial Group increased 0.6% to ¥4,074.0, Mitsubishi UFJ Financial added 0.3% to ¥2,286.50, and Mizuho Financial Group inched lower 0.04% to ¥4,774.0.
Nikkei 225 Rebounded After Fed's Rate Cut, Japan's Core Machinery Orders Dropped Sharply In July
Akira Ito
18 Sep, 2025
Tokyo
Japan's key indexes rebounded from the previous session after the U.S. Federal Reserve delivered a quarter-point rate cut as widely anticipated.
The Nikkei 225 Stock Average increased 1.3%, and the broader Topix gained 0.5% ahead of the Bank of Japan's policy decision on Friday.
The U.S. Federal Reserve cut its fed funds rate range by 25 basis points to between 4.0% and 4.25% and signaled possible additional rate cuts totaling 50 basis points in 2025.
The central bank revised its 2025 GDP growth estimate to 1.6% from 1.4% but held its jobless rate estimate at 4.5%, PCE inflation at 3.0%, and core PCE rate at 3.1% compared to its previous estimate released in June.
Closer to home, the Bank of Japan is widely anticipated to hold its short-term rate at 0.5% on Friday as policymakers assess the impact of U.S. tariffs on the export-driven Japanese economy.
Volatile Core Machinery Orders Dropped Sharply in June
Japan's core machine orders declined in July from the previous month, led by the non-manufacturing sector, the Cabinet Office reported Thursday.
Core machinery orders, which exclude large and infrequent orders for ships and power plants, fell 4.6% in July to ¥898 billion yen, reversing a 3% increase in June.
Core machine orders are seen as a leading indicator of the capital spending over the next six to nine months.
The drop was led by the non-manufacturing sector, which decreased 3.9% to ¥501.1 billion, while manufacturing orders advanced 3.9% to ¥428.4 billion.
On an annual basis, core machinery orders rose at a slower pace of 4.9% compared to the 7.6% rise in June.
Japan Indexes and Stocks
The Nikkei 225 Stock Average soared 1.3% to 45,379.37, and the broader Topix advanced 0.5% to 3,161.28.
Technology stocks led gainers in Tokyo on Thursday, following the U.S. rate cut.
SoftBank Group Corp. increased 2.2% to ¥18,445.0, Tokyo Electron advanced 5.7% to ¥25,620.0, and Lasertec gained 3% to ¥17,225.0.
Sumitomo Mitsui Financial Group increased 0.6% to ¥4,074.0, Mitsubishi UFJ Financial added 0.3% to ¥2,286.50, and Mizuho Financial Group inched lower 0.04% to ¥4,774.0.
PBOC Adjusted Yuan Exchange Rate and HKMA Lowered Interest Rate Following U.S. Fed's Rate Cut
Li Chen
18 Sep, 2025
Hong Kong
Benchmark stock indexes in China and Hong Kong hovered around the flatline following the U.S. Federal Reserve's rate decisions and economic projections.
The Hang Seng index decreased 0.2%, and the mainland-focused CSI 300 index gained 0.3% after the Federal Reserve lowered its key lending rate range by 25 basis points to between 4.0% and 4.25%.
The central bank estimated as many as two rate cuts of 25 basis points by the end of the year but left unrevised its inflation and jobless rate outlook for 2025.
The Fed delivered the widely anticipated 25-basis-point rate cut to support the rapidly deteriorating labor market; however, the immediate outlook for the economy remains uncertain.
Policymakers are struggling to keep inflation in check while supporting growth in the labor market, but the sharp escalation in import taxes is likely to keep it higher for longer.
The Hong Kong Monetary Authority lowered its interest rate by 25 basis points to 4.5%, matching the U.S. rate cut to preserve the HK dollar's peg to the U.S. dollar.
The new base rate is the lowest since December 2022.
“A lower interest rate would reduce the burden of mortgage borrowers and companies, which will have a positive impact on Hong Kong’s economy and property market,” announced HKMA’s chief executive Eddie Yue Wai-man following the rate cut.
After the Federal Reserve delivered its first rate cut of the year, the People's Bank of China adjusted its daily yuan rate to 7.1085 against the U.S. dollar, down from 7.1015 on Wednesday.
China Indexes and Stocks
The Hang Seng index decreased 0.2% to 26,867.65, and the mainland-focused CSI 300 index inched higher 0.3% to 4,565.65.
Chipmakers advanced on optimism that large Chinese companies are more likely to use homegrown advanced chips for their artificial intelligence applications.
SMIC advanced 5.6% to HK$71.80, Alibaba Group Holding increased 0.3% to HK$161.80, and Baidu Inc. gained 4.3% to HK$136.30.
PBOC Adjusted Yuan Exchange Rate and HKMA Lowered Interest Rate Following U.S. Fed's Rate Cut
Li Chen
18 Sep, 2025
Hong Kong
Benchmark stock indexes in China and Hong Kong hovered around the flatline following the U.S. Federal Reserve's rate decisions and economic projections.
The Hang Seng index decreased 0.2%, and the mainland-focused CSI 300 index gained 0.3% after the Federal Reserve lowered its key lending rate range by 25 basis points to between 4.0% and 4.25%.
The central bank estimated as many as two rate cuts of 25 basis points by the end of the year but left unrevised its inflation and jobless rate outlook for 2025.
The Fed delivered the widely anticipated 25-basis-point rate cut to support the rapidly deteriorating labor market; however, the immediate outlook for the economy remains uncertain.
Policymakers are struggling to keep inflation in check while supporting growth in the labor market, but the sharp escalation in import taxes is likely to keep it higher for longer.
The Hong Kong Monetary Authority lowered its interest rate by 25 basis points to 4.5%, matching the U.S. rate cut to preserve the HK dollar's peg to the U.S. dollar.
The new base rate is the lowest since December 2022.
“A lower interest rate would reduce the burden of mortgage borrowers and companies, which will have a positive impact on Hong Kong’s economy and property market,” announced HKMA’s chief executive Eddie Yue Wai-man following the rate cut.
After the Federal Reserve delivered its first rate cut of the year, the People's Bank of China adjusted its daily yuan rate to 7.1085 against the U.S. dollar, down from 7.1015 on Wednesday.
China Indexes and Stocks
The Hang Seng index decreased 0.2% to 26,867.65, and the mainland-focused CSI 300 index inched higher 0.3% to 4,565.65.
Chipmakers advanced on optimism that large Chinese companies are more likely to use homegrown advanced chips for their artificial intelligence applications.
SMIC advanced 5.6% to HK$71.80, Alibaba Group Holding increased 0.3% to HK$161.80, and Baidu Inc. gained 4.3% to HK$136.30.
Federal Reserve Lowered Rates and Retained Inflation and Unemployment Outlook
Barry Adams
17 Sep, 2025
New York City
Wall Street indexes flatlined on Wednesday ahead of the widely anticipated monetary policy decision.
The S&P 500 index decreased 0.1%, and the tech-focused Nasdaq Composite fell 0.3% as investors reviewed the Federal Reserve's rate decisions and economic projections.
The Federal Reserve, as widely anticipated, lowered the fed funds rate range by 25 basis points to between 4.0% and 4.25%, amid deteriorating labor market conditions.
The central bank lowered rates for the first time this year and signaled additional rate cuts later in the year.
The central bank revised its 2025 GDP growth estimate to 1.6% from 1.4% but held its jobless rate estimate at 4.5%, PCE inflation at 3.0%, and core PCE rate at 3.1% compared to its previous estimate released in June.
Meanwhile, consumer price inflation remains a worry for the policymakers as the sharp escalation in import taxes filters through the economy and wipes out hundreds and thousands of small businesses across the nation.
Moreover, farmers are struggling to find buyers for soybeans, wheat, and corn; China imports about half of these key crops that are heavily subsidized by the U.S. federal government.
China has been trimming its imports of U.S. agricultural products, and the world's second-largest economy has been sourcing increasing amounts from Brazil and Argentina since the start of the Trump administration's global tariff war.
Housing Starts and Building Permits Highlight Weakening Activities
The latest housing market data pointed to a mixed picture as builders struggle with challenging labor market conditions and rising costs of imported materials following the Trump administration's erratic trade policy.
August's housing completions advanced 8.4%, building permits dropped 11.1%, and housing starts decreased 6% from a year ago, respectively.
Seasonally adjusted building permits were at an annual rate of 1.31 million, 3.7% lower than the revised 1.36 million annual rate in July, according to the U.S. Census Bureau.
Housing starts in August were at an annual rate of 1.31 million, 8.5% lower than the revised annual rate of 1.43 million in July.
However, the housing completions rose 8.4% to a 1.61 million annual rate from the revised July estimate of 1.48 million.
U.S. Stock Movers
Alibaba Group Holding jumped 2.6% to $166.35, and the China-based e-commerce platform operator said China Unicom has agreed to use its AI chips.
Nvidia Corp. decreased 0.7% to $173.25 after a report claimed that China has banned its largest industrial and electronics companies from using the company's AI chips.
The U.K.-based Financial Times first reported China's ban, which could not be verified by our independent sources in Shenzhen and Beijing.
U.S. Investors Await Fed's Rate Decisions and Projections, Housing Market Activities Weaken
Barry Adams
17 Sep, 2025
New York City
Wall Street indexes flatlined on Wednesday ahead of the widely anticipated monetary policy decision.
The S&P 500 index decreased 0.1%, and the tech-focused Nasdaq Composite was nearly unchanged ahead of the Federal Reserve's rate decisions at 2:00 p.m. ET.
The Federal Reserve is widely anticipated to lower the fed funds rate range by 25 basis points to between 4.0% and 4.25%, amid deteriorating labor market conditions.
Meanwhile, consumer price inflation remains a worry for the policymakers as the sharp escalation in import taxes filters through the economy and wipes out hundreds and thousands of small businesses across the nation.
Moreover, farmers are struggling to find buyers for soybeans, wheat, and corn; China imports about half of these key crops that are heavily subsidized by the U.S. federal government.
China has been trimming its imports of U.S. agricultural products, and the world's second-largest economy has been sourcing increasing amounts from Brazil and Argentina since the start of the Trump administration's global tariff war.
Housing Starts and Building Permits Highlight Weakening Activities
The latest housing market data pointed to a mixed picture as builders struggle with challenging labor market conditions and rising costs of imported materials following the Trump administration's erratic trade policy.
August's housing completions advanced 8.4%, building permits dropped 11.1%, and housing starts decreased 6% from a year ago, respectively.
Seasonally adjusted building permits were at an annual rate of 1.31 million, 3.7% lower than the revised 1.36 million annual rate in July, according to the U.S. Census Bureau.
Housing starts in August were at an annual rate of 1.31 million, 8.5% lower than the revised annual rate of 1.43 million in July.
However, the housing completions rose 8.4% to a 1.61 million annual rate from the revised July estimate of 1.48 million.
U.S. Stock Movers
Alibaba Group Holding jumped 2.6% to $166.35, and the China-based e-commerce platform operator said China Unicom has agreed to use its AI chips.
Nvidia Corp. decreased 0.7% to $173.25 after a report claimed that China has banned its largest industrial and electronics companies from using the company's AI chips.
The U.K.-based Financial Times first reported China's ban, which could not be verified by our independent sources in Shenzhen and Beijing.
Japan's Indexes Hovered Near Record Highs, Imports Declined In August
Akira Ito
17 Sep, 2025
Tokyo
Japan's benchmark indexes turned lower and flirted near record highs after weak international trade data.
The Nikkei 225 Stock Average declined 0.01%, and the broader Topix decreased 0.6% after imports fell for the fifth month in 2025 and exports declined for the fourth consecutive month in August.
Japan's International Trade Deficit Shrank In August
Japan's imports declined 5.2% from a year ago to 8.7 trillion yen, highlighting sluggish domestic demand despite the government's efforts to support consumption and subsidize energy prices.
Japan's exports eased to 8.4 trillion yen from 9.5 trillion yen in July and were slightly below 8.43 trillion yen from a year ago, Japan's ministry of finance reported Wednesday.
The sharp escalation in U.S. tariffs continued to whiplash Japan's exports, and the U.S. lowered its tariffs to 15% on all Japanese goods from the proposed 25% and 27.5% on automobiles and auto parts.
Overall the trade deficit in August shrank sharply to 242.5 billion yen from 711.4 billion yen a year ago.
The export-driven economy of Japan is likely to face softer economic growth as businesses struggle to find new markets outside of North America.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 0.01% to 44,866.90, and the broader Topix fell 0.6% to 3,149.67.
Sanrio Co. Ltd. increased 0.6% to ¥6,947.0, SoftBank dropped 2% to ¥17,925.0, and Nintendo declined 1.7% to ¥13,535.0.
Tokyo Electron advanced 5% to ¥24,190.0, Advantest Corp. decreased 2.2% to ¥13,810.0, and Disco Corp. increased 1.2% to ¥45,010.0.