2015-12-18 Nikkei225->18,986.80(-366.76) JPX400->13,833.27(-264.11) J-VIX->23.05

Tokyo Stock Exchange closing, significantly setback ¥ 19,000 cracking, volatility Tour of the interpretation of the quantitative and qualitative monetary easing by the Bank of Japan

Nikkei stock average in Tokyo stock market 18 days is pullback in three days the first time, finished with ¥ 18,986 80 sen of the day before ratio 366 yen 76 sen (1.90%) weaker. The interrupt the ¥ 19,000 of the psychological milestone is the first time in three days. US stock market is significantly decline on the 17th against the backdrop of crude oil weaker. Bank of Japan is also confusion over the interpretation of the quantitative and qualitative monetary easing, which was decided in the Monetary Policy Meeting, investor sentiment has deteriorated. The difference between the highs and lows during the trading time was a rough deployment approaching 900 yen.

Bank of Japan is reinforcing measures that have decided to exchange traded funds (ETF) the purchase frame the year 300 billion yen to new ones. The stall as but ETF buying of Bank of Japan immediately after the announcement has exceeded the increase rate of the Nikkei average is 500 yen from the perspective of to accelerate, analysis of measures proceeds. When the recognition aims to absorb the adverse effects on the market due to the sale of shares to the Bank of Japan was once purchased to penetrate, in the supply and demand side spread rapidly view of a neutral factor.

Market confusion chilled investor sentiment, accelerating profit selling over the closing. The Nikkei average fell below frankly a ¥ 19,000.

JPX Nikkei index 400 also fell back the 3rd the first time, we have finished the previous day ratio 264.11 points (1.87 percent) discount of 10 000 3833.27. Tokyo Stock Price Index (TOPIX) and fell back even three days the first time, the closing price was 1537.10 depreciation of 27.61 points (1.76 percent).

Trading value of the First Section of the Tokyo Stock Exchange is a 3 trillion 597.1 billion yen in rough figures, since August 26, was a heavy trading for the first time in about four months. Turnovers 2.9 billion 87.51 million shares. Gainers of the First Section of the Tokyo Stock Exchange is more than the overall 80% 1578. Rise is 279, unchanged was the 72 stocks.

東証大引け、大幅反落　１万9000円割れ、日銀の量的・質的金融緩和の解釈を巡り乱高下

18日の東京株式市場で日経平均株価は３日ぶりに反落し、前日比366円76銭（1.90％）安の１万8986円80銭で終えた。心理的な節目の１万9000円を割り込むのは３日ぶり。原油安を背景に17日の米株式相場が大幅に下落。日銀が金融政策決定会合で決めた量的・質的金融緩和の解釈を巡る混乱もあり、投資家心理が悪化した。取引時間中の高値と安値の差が900円に迫る荒い展開だった。

　日銀が決めた補強措置は上場投資信託（ＥＴＦ）を買い入れる枠を年3000億円新設するもの。発表直後には日銀のＥＴＦ買いが加速するとの見方から日経平均の上げ幅は500円を超えたが、措置の分析が進むにつれて失速。日銀がかつて買い入れた株式の売却に伴う市場への悪影響を吸収する目的と認識が浸透すると、需給面では中立要因との見方が急速に広がった。

　相場の混乱が投資家心理を冷やし、利益確定売りが大引けに掛けて加速。日経平均は１万9000円をあっさり割り込んだ。

　ＪＰＸ日経インデックス400も３日ぶり反落し、前日比264.11ポイント（1.87％）安の１万3833.27で終えた。東証株価指数（ＴＯＰＩＸ）も３日ぶりに反落し、終値は27.61ポイント（1.76％）安の1537.10だった。

　東証１部の売買代金は概算で３兆5971億円と、８月26日以来、約４カ月ぶりの大商いだった。売買高は29億8751万株。東証１部の値下がり銘柄数は全体の８割を超える1578。値上がりは279、変わらずは72銘柄だった。

引用：日本経済新聞