The Nikkei 225 fell ¥30.67 from the previous weekend to ¥66,333.53 in the morning session on the 28th, recording its first modest decline in six sessions. Buying dominated at the open, but selling by investors waiting for a rebound prevailed after the initial buying subsided, sending the index lower amid continued volatile trading.
In the morning session on the 28th, the Nikkei 225 fell ¥30.67 from the previous weekend to ¥66,333.53, recording its first modest decline in six sessions. TOPIX continued to rise, gaining 6.79 points to 4,135.38. Buying led at the open against a backdrop of higher U.S. stocks, but selling by investors waiting for a rebound later prevailed, and the market moved erratically.
The yen weakened slightly, with the dollar trading at around ¥157. Trading volume for the Nikkei 225 on the TSE Prime Market was 1,011.34 million shares, and trading value was ¥3.8118 trillion.
By sector, 14 of the 33 sectors declined and 19 advanced. Some metal products, pharmaceutical, mining, pulp and paper, air transport and foods stocks were weak, while insurers and banks remained firm.
Nidec, Tomen Devices, Futaba, Kemicon and Ibiden declined, among others. Tamura, Musashi Seimitsu, Kaga Electronics, Money Forward and Rigaku Holdings were relatively firm.