The Nikkei 225 posted its third consecutive decline at the close on the 4th, with the morning close at ¥60,835.36, down ¥2,246.50. Gainers were far outnumbered by decliners, while the concentration of negative contributions pushed the market lower.
In the Japanese stock market at the close on the 4th, the Nikkei 225 posted its third consecutive decline, ending the morning session at ¥60,835.36, down ¥2,246.50 from the previous day. There were 413 advancing stocks, 1,103 declining stocks and 30 unchanged stocks, with decliners far outnumbering gainers.
Negative contributions to the Nikkei 225 totaled ¥601.93, with Advantest the largest drag. SBG, Tokyo Electron, Kioxia and Kyocera followed as contributors. Fast Retailing was the top positive contributor, lifting the Nikkei 225 by ¥73.62, followed by Konami Group, Bandai Namco Holdings, Nintendo and Yamato Holdings.
By sector, 5 of the 33 sectors advanced. Air transportation, real estate, land transportation and other products were among the leading sectors, while nonferrous metals, oil and coal products, and mining were among the biggest decliners. Against this backdrop, the overall market remained weak.