The Nikkei Average fell ¥130 in the afternoon session on the 27th, its first decline in 3 days, while TOPIX extended its advance. Buying was limited, however, ahead of the U.S. Jackson Hole meeting.
The Nikkei Stock Average fell ¥130.18 from the previous day to ¥66,131.98, its first decline in 3 days. Buying initially led the market, supported by Nvidia’s strong earnings, but the market was subsequently pressured by selling on rallies. At 10:13 p.m., it temporarily fell as much as ¥479.57 before paring its losses, and at one point turned higher again. With the Jackson Hole meeting scheduled to be held in the United States on the 27th, buying was limited.
Trading volume on the TSE Prime Market was 1.96156 billion shares, while trading value was ¥7.87 trillion. There were 712 advancers, 769 decliners and 74 unchanged issues. By sector, 18 of the 33 sectors declined and 15 rose.
Among the day’s gainers were nonferrous metal stocks such as Sumitomo Electric and Fujikura, as well as oil and coal stocks such as Idemitsu Kosan and ENEOS. Decliners included ASICS, Nintendo, Terumo and HOYA, with movements seen across a wide range of sectors, including pharmaceuticals, marine transportation, iron and steel, and retail. Provided by Wealth Advisor.