TSE Growth Market 250 Index futures traded at 789 points on 2 October, down 1 point from the previous business day, and started the following morning at 784 points. Although gains stalled around midday, dip-buying emerged at lower levels, before gains narrowed again late in the session and the contract closed at 789 points.
TSE Growth Market 250 Index futures started at 789 points on 2 October, down 1 point from the previous business day, and then traded around 789 points the following morning, almost unchanged from the previous close. Daytime trading volume was 1,475 contracts. Selling initially prevailed after the overnight decline, but the contract recovered into positive territory after the open.
The market subsequently moved up and down as expectations surrounding the FRB’s next policy decision changed and crude oil prices moved, while weekend position adjustments were also observed. Although gains stalled around midday, support was confirmed at the 5-day moving average and the Ichimoku Kinko Hyo conversion line, prompting dip-buying at lower levels.
The contract briefly moved back into negative territory late in the session, but ended trading at 789 points after a slight retreat. Among major stocks on the TSE Growth Market, MTG and Terra Drone declined.
Overall, the market began with a slight decline from the previous day, followed by localized buying and the formation of support levels. Movements were limited toward the end of the session.