At the afternoon session open, the Nikkei average in the Tokyo stock market was holding up slightly from the morning close. Market movements were driven by the performance of major indexes and the direction of U.S. stocks and foreign exchange. The Nikkei average was at 67693.27, down approximately 1,337.65 points from the previous day.
The Nikkei average was showing signs of holding up slightly from the morning close at the afternoon session open. According to the article's price data, the Nikkei average was at 67693.27, down -1337.65 points, or -1.94%, from the previous day.
Related data showed that the NY Dow traded within a range of roughly three-digit moves without any major swings. Information on U.S. stocks was also referenced, and market sentiment was affected by developments in dollar-yen as well.
By sector in the Tokyo market, 25 of the TSE's 33 sectors were higher and 8 were lower, indicating that the market remained in a generally downward trend at times.
Dollar-yen moved mainly in the low ¥158 range, with yen appreciation and periods of broad dollar selling cited as short-term market reactions.