With caution prevailing ahead of the release of the U.S. employment report, the Nikkei average fell ¥647.26 from the previous day to ¥68,309.46. The afternoon rebound was limited, and weakness spread across the market.
The Nikkei average traded in the afternoon at around ¥647.26 below the previous day's level, and at one point in the 09:00 hour fell below the ¥6,850 range, although it also narrowed its losses at times. Overall, caution prevailed, with selling driven by a wait-and-see stance ahead of the release of the U.S. September employment report.
Trading volume on the TSE Prime Market was 2.51171 billion shares and trading value was ¥8.2978 trillion, with trading mixed amid thin activity. Decliners significantly outnumbered advancers, and the market overall was on a downward trend.
By sector, 29 of all 33 sectors declined and 4 advanced. Securities and commodity futures, information and communications, other financial services, real estate, transportation equipment and pharmaceuticals were weak. Nonferrous metals and mining were firm, while certain stocks advanced.
Provided by Wealth Advisor Co.
Among related stocks, decliners included Daiwa Securities Group, Nomura Holdings, LINE Yahoo, SoftBank Group and Orix, while advancers included Resonac, Celest, BayCurrent, Procrea and Orchestra.