The Nikkei 225 fell for a second straight session at the close on the 29th, ending at ¥65,481.27. SoftBank Group pushed the index down by approximately ¥168, and most constituent stocks declined.
At the close on the 29th, the Nikkei 225 stood at ¥65,481.27, down ¥396.35 from the previous day, ending trading lower for a second straight session. Trading volume on the TSE Prime Market was 2.44155 billion shares, and trading value was ¥7.3224 trillion. Among Nikkei 225 constituents, 36 stocks rose, 188 fell, and 1 was unchanged.
The largest negative contributor at the close was SoftBank Group, which pushed the Nikkei 225 down by approximately ¥168. NEXON, Toyota Tsusho, and Chugai Pharmaceutical followed from second place onward, with declines in major stocks driving the overall fall.
Following the decline in the previous day’s U.S. stock market, concerns about the difficult negotiations over reopening the Strait of Hormuz, higher crude oil prices, and rising U.S. long-term interest rates worsened investor sentiment, and selling led from the opening.
The index showed little recovery throughout the day. On the TSE Prime Market, 10% of stocks rose and 85% fell, reflecting intensifying selling pressure across the market. Top contributors at the close included Tokyo Electron, Fast Retailing, Disco, and Recruit Holdings.