The Nikkei Average was around ¥55,130, down approximately ¥1,170 from the previous day. Selling led the market following moves in the New York market, and trading remained weak through the morning.
The Nikkei Stock Average was around ¥55,130 shortly after 10:15 a.m. on the 6th, down approximately ¥1,170 from the previous day. At 10:07 a.m., it reached ¥65,112.66, down ¥1,157.78. In the New York market, the Dow hit a record high, while the Nasdaq and SOX declined. In Japan, selling of AI- and semiconductor-related stocks led the market, which subsequently remained near its lows.
By sector, 10 of the 33 sectors declined and 23 rose. Nonferrous metals stocks, including Furukawa Electric and Fujikura, and electrical equipment stocks, including Advantest and Tokyo Electron, declined. SUMCO, 日鉱 and information and telecommunications stocks were also lower. Meanwhile, shipping stocks NYK Line and Kawasaki Kisen, food stocks Asahi and JT, and pharmaceutical stocks Astellas Pharma and Daiichi Sankyo rose.
Elsewhere, 山一電機, 日東紡, タツモ, ビプログ and Taiyo Yuden declined. By contrast, 三洋化成, アクセス, Tokai Carbon, Nippon Yakin Kogyo and OMRON were among the stocks that rose. In the Tokyo foreign exchange market, the dollar was in the mid-¥157 range and the euro in the low-¥182 range.