The Nikkei Average was reported to have fallen by more than ¥1,330, following South Korean stocks. It fell to 64,970.20 in the 10 a.m. hour Tokyo time.
The Nikkei Average fell sharply during the day, reaching ¥64,970.20 in the 10 a.m. hour Tokyo time, reflecting the morning session rather than the closing level, for a decline of ¥1,330.24, or 2.01%.
The move was attributed in part to risk aversion accompanying developments in South Korean stocks, with selling in the Nikkei Average reportedly taking the lead following declines in that market.
The information was sourced from MINKABU PRESS, and the market update was distributed as a breaking report as of 10:38 a.m. on the same day.