The Nikkei 225 fell for the first time in 3 sessions on the 27th, closing at ¥66,131.98. The index opened higher following Nvidia's strong earnings, but selling on the rebound prevailed, and it continued to trade around ¥66,000.
The Nikkei 225 ended trading on the Tokyo Stock Exchange on the 27th at ¥66,131.98, down ¥130.18 from the previous day, marking its first decline in 3 sessions. Buying led the market at the open on the back of Nvidia's strong earnings, but once the rebound in buying ran its course, the index was pressured by selling on expectations of a further rise and briefly fell below ¥66,000.
TOPIX edged up 3.68 points from the previous day to 4,114.70, while trading volume on the TSE Prime Market was 2.30306 billion shares and trading value was ¥7.870083 trillion. There were 717 advancers and 770 decliners, with decliners slightly outnumbering advancers relative to the decline in the indices. The dollar traded around the ¥159 level.
By sector and individual stock, 21 of the 33 sectors fell in the morning session, with marine transportation and information and communications stocks among the weaker performers. Nonferrous metals and mining stocks rose, while growth stocks remained firm. Technically, the 75-day moving average and the upper boundary of the Ichimoku cloud capped gains, and the market probed for lower levels.