The Nikkei Average fell sharply for the first time in 3 days at the morning close, ending at ¥65,266.67, approximately ¥1,033 lower than the previous day. Tokyo Electron alone weighed down the index by approximately ¥318.
As of the morning close on the 6th, 143 Nikkei Average constituents were advancing, 80 were declining and 2 were unchanged. The Nikkei Average had fallen sharply at the morning close, with estimated trading volume of 1.14845 billion shares, and was trading around ¥65,766.67. U.S. stocks were mixed, with the Dow rising while the Nasdaq fell, and expectations of higher U.S. interest rates and rising long-term yields weighed on the market.
Among individual stocks, the leading gainers included Fast Retailing, Omron, Kikkoman, Kao and Astellas Pharma, while the leading decliners included Tokyo Electron, SoftBank Group, Advantest, Kioxia Holdings and Fujikura. By sector, food products, pharmaceuticals and retail rose, while nonferrous metals, electrical equipment and metal products declined.
Tokyo Electron was the top negative contributor, weighing down the Nikkei Average by approximately ¥318, followed by SoftBank Group in second place at approximately ¥296 and Advantest in third place at approximately ¥268. Fast Retailing was the top positive contributor at approximately ¥133, followed by Omron in second place at approximately ¥33. As of 11:30, the Nikkei Average stood at ¥65,266.67, with 143 advancing stocks, 80 declining stocks and 2 unchanged.