The December Nikkei 225 futures contract closed at ¥63,350, down ¥610 from the previous day. It opened in the ¥63,000 range and recovered to the ¥63,400 range after morning trading, but settled back within the range toward the end of the session.
The December Nikkei 225 futures contract closed at ¥63,350, down ¥610 from the previous day, weighed down by developments in Europe and the US and expectations of declines in AI-related stocks. It opened below ¥63,000 and extended its decline under selling pressure in the morning.
During the day, trading near the -2σ level of the Bollinger Bands was prominent, apparently restraining aggressive short selling. In the night session, the -2σ level fell to ¥62,840 at one point.
Meanwhile, the NT ratio fell to 15.69 on the 11th, and the adjustment continued around the 200-day moving average. A move below the lower edge of the Ichimoku cloud and a bearish signal from the lagging span indicate that the market is entering a phase in which the formation of a short-term bottom is being watched.
The trading breakdown showed large-lot Nikkei 225 futures transactions by multiple firms, while trading in TOPIX futures was marked mainly by buying and selling among foreign securities firms.
Overall, although negative factors in the morning coincided with large-lot trading, signs of a rebound near the upper band were observed, suggesting that trading may continue within the range.