The Nikkei 225 fell ¥488 in Tokyo trading on the 24th, closing at ¥65,528.09. Trading value on the TSE Prime Market was approximately ¥7.0636 trillion, falling below ¥8 trillion for the first time in three and a half months.
The Nikkei 225 fell sharply from the previous day, dropping as much as ¥362 in the morning before remaining weak through the close under pressure from selling by investors waiting for a rebound. It ultimately closed below the previous Friday's level, while the broader market continued to lack a clear direction.
Trading value on the TSE Prime Market was ¥7.0636 trillion, falling below ¥8 trillion for the first time in approximately three and a half months. Trading volume was 1.88234 billion shares. Gainers outnumbered decliners overall, although declines were conspicuous among a number of individual stocks.
Of the 33 sectors, 13 were lower and 20 were higher as of the afternoon session. Mining, insurance and fisheries stocks were relatively weak, while services, construction and machinery stocks were relatively firm.
TOPIX extended its winning streak to 3 days, helped by fund inflows into domestic-demand and defensive stocks. At the same time, the Nikkei 225 and TOPIX moved in contrasting directions, with the performance of large-cap stocks with a high impact on index movements affecting the market as a whole.