The Nikkei 225 rebounded for the first time in 3 sessions, closing the morning session ¥656.07 higher at ¥65,982.49. On the TSE Prime Market, advancers far outnumbered decliners, while the top contributors pushed the market higher.
The Nikkei 225 rebounded for the first time in 3 sessions at the midday close on the 20th, rising ¥656.07 from the previous day to ¥65,982.49. There were 1,140 advancers, 365 decliners and 45 unchanged issues, with advancers decisively outnumbering decliners.
SBG was the top positive contributor, pushing the Nikkei 225 up by ¥159.30, followed by Fast Retailing at ¥97.35, Kioxia at ¥55.14, Recruit at ¥39.22 and Terumo at ¥31.11. On the negative side, Tokyo Electron was the largest drag, weighing on the index by ¥100.57.
By sector, 25 of the 33 sectors advanced. Transportation equipment ranked first, followed by electric power and gas, pharmaceuticals, and information and communications. Steel, banks and insurance were among the leading decliners.
The day’s market action was driven primarily by the stocks’ contributions to the Nikkei 225 and sector performance.