In morning trading on the 23rd, the Nikkei 225 was trading around ¥740 below the previous day’s level, briefly falling to ¥61,462.61, more than ¥1,445 lower, during the 9 a.m. hour. It has since remained range-bound.
In morning trading on the 23rd, the Nikkei 225 was trading approximately ¥740 below the previous day’s level and fell sharply during the morning session. At 9:10 a.m., it fell to ¥61,462.61, down ¥1,445.23, dropping below ¥62,000. It has since remained range-bound.
Selling in AI-related and semiconductor stocks led the Tokyo market lower in response to movements in the US market. By sector, 24 of the 33 sectors fell and 9 rose. Bank, nonferrous metals, marine transportation, mining, and oil and coal stocks were weak, while retail and real estate stocks were firm.
In the Tokyo foreign exchange market, the dollar was trading in the low ¥156 range against the yen and the euro in the mid-¥176 range against the yen as of 10 a.m. Provided by Wealth Advisor.