In the afternoon session on the 26th, semiconductor-related stocks remained under pressure while trading houses performed firmly. The Nikkei 225 extended its decline, and the dollar-yen pair entered a phase of retreat.
The Nikkei 225 extended its decline and was expected to end the morning session down ¥478.50. Selling predominated in semiconductor-related stocks following the US market trend, with declines in Advantest and Tokyo Electron among others weighing on the index, while buying in trading houses supported the rise in the TOPIX. Among individual stocks, gains in trading houses including Toyota Tsusho, Mitsubishi Corp. and ITOCHU were notable.
The dollar-yen pair retreated, with the dollar falling to ¥156.65 in intraday trading before rebounding toward ¥157, moving within a range. Dollar selling predominated against the backdrop of lower US 10-year Treasury yields, while the euro rose to the ¥1.1220 level against the dollar.
Attention in the afternoon session is expected to focus on the performance of stocks with a large impact on the Nikkei 225. Stocks to watch in the afternoon session include セキュアヴェイル and 菊池製作所, and their price movements may show a wider range than in the morning session. The Nikkei 225 is likely to be affected not only by semiconductor-related stocks but also by trading houses and resource-related stocks.