The Nikkei average traded around ¥380 below the previous day's level during the morning session on the 26th, with selling prevailing from the open and the market remaining weak amid a lack of buyers. Some observers attributed the pressure to investors waiting for a recovery in U.S. stocks, and attention is focused on supply and demand going forward.
During the morning of the 26th, the Nikkei average was approximately ¥380 below the previous day's level, trading around ¥65,480. At exactly 10:00 a.m., it reached ¥65,390.55, down ¥465.88, after opening with selling prevailing. Despite rebounds in the Nasdaq and SOX, buying remained limited in the Tokyo market and the weak trend continued.
By sector, 12 of the 33 sectors declined, while 21 rose. Marine transportation, oil and coal products, metal products, glass and ceramics, electrical equipment, and precision instruments stocks were weak, while pharmaceutical, insurance, and banking stocks were relatively firm or posted gains.
In the Tokyo foreign exchange market, as of 10:01 a.m., the dollar was trading in the lower ¥159 range and the euro in the upper ¥185 range.
The day's flash news section listed the Nikkei average's movements alongside related information from other markets, with Wealth Advisor shown as the provider.