Tokyo stocks were fluctuating as of 11:00 a.m., affected by the decline in U.S. stocks. The Nikkei 225 was at ¥62,519.30, down ¥173.86, while the TOPIX was at 3,984.40, up 18.59 points.
In Monday morning trading on the Tokyo Stock Exchange, the Nikkei 225 fluctuated, with selling prompted by the decline in U.S. stocks at the end of last week weighing on the market, while attractively valued stocks were bought back. As of 11:00 a.m., the Nikkei 225 was down ¥173.86 from the previous trading day at ¥62,519.30, while the TOPIX was up 18.59 points at 3,984.40.
The decline at one point approached ¥600, but valuations that had become attractive during the recent downturn supported buying in individual stocks. The market as a whole remained weighed down by developments in the U.S. market and uncertainty over the outlook for the situation in the Middle East.