The Nikkei 225 fell for a second straight session in the afternoon session on the 29th, closing at ¥65,481.27, down ¥396.35 from the previous day. Losses narrowed in the afternoon, and the index recovered slightly during the closing session before trading ended.
The Nikkei 225 fell for a second straight session on the 29th afternoon session, closing at ¥65,481.27, down ¥396.35 from the previous day. TOPIX also fell 70.87 points to 4,041.13. Selling dominated from the morning amid declines in U.S. stocks and the South Korean market.
Selling pressure intensified in the afternoon, and the Nikkei 225 briefly extended its decline at 2:37 p.m. to ¥64,699.49, down ¥1,178.13. Losses then narrowed, and the index recovered sharply during the closing session before trading ended.
Trading volume on the TSE Prime Market was 241.55 million shares, and trading value was ¥7.3224 trillion. Advancing issues totaled just 170, while 1,318 issues declined, accounting for more than 80% of the total.
By sector, 32 of all 33 sectors fell. Oil and coal products, securities and commodity futures, iron and steel, and other financials were among the decliners, while electrical appliances remained firm.