The Nikkei Average fell for a second straight session, closing at ¥64,325.64, down ¥1,889.70 from the previous day. Declines were broad-based, with the number of declining stocks far exceeding advancing stocks.
The Nikkei Average fell ¥1,889.70 from the previous day to close at ¥64,325.64. The stock market extended its losing streak to 3 sessions, while the TSE Prime Market recorded 94 advancers, 1,436 decliners and 19 unchanged issues, with decliners accounting for more than 90% of all stocks in a broad-based selloff.
Negative contributions to the Nikkei totaled ¥271.93, with SBG the biggest drag, followed by Advantest, Tokyo Electron, Recruit and TDK. On the positive side, Daiichi Sankyo was the top contributor, lifting the Nikkei Average by ¥0.27, while Shionogi, Sumitomo Pharma, ITOCHU and Seven & i were also among the contributors.
All 33 sectors declined, led by nonferrous metals, services, glass and ceramics, electric appliances, transportation equipment and air transportation. Kabutan News reported on the broad-based selloff that day.