The Nikkei Average fell ¥319 to ¥65,557 at the Tokyo market open. Expectations for developments after the US midterm elections and rising US long-term interest rates heightened the market’s focus on the impact of falling US technology stocks.
At the open on the 29th, the Nikkei Average fell around ¥315 from the previous day to ¥65,557. Against the backdrop of lower US stocks the previous day, views remained that it would still take time for supply and demand conditions to improve. Some also pointed to developments in the South Korean market and the September ex-dividend period as downside factors.
The rise in long-term interest rates in the US stock market the previous day weighed on large-cap technology stocks and also affected the Nikkei market. Developments in Arm Holdings were another focus for the market.
SoftBank Group fell again, with the decline in the share price of its subsidiary ARM seen as a selling catalyst. LABORO.AI announced a business partnership with マテリアル・コンセプト, while Hitachi, Ltd. began providing a vulnerability and patch discovery and analysis report service using AI agents.
Hitachi announced the launch of the new service, saying that AI agents would automate the collection and analysis of vulnerability information to improve the efficiency of vulnerability response.
Regarding special quotes and trading activity, developments in several stocks mentioned in the article have been reported, but no individual investment recommendation has been provided.