The Nikkei Average opened the afternoon session at ¥64,178.65, up ¥255.65 from the previous day, with Sanrio and Mitsubishi Heavy Industries among the stocks bought. Sector movements and the status of stocks with the highest trading value were reported against the backdrop of movements in Dow futures and Asian markets.
The Nikkei Average opened the afternoon session at ¥64,178.65, up ¥255.65 from the previous day. It extended its gains from the morning close, while Nikkei 225 futures remained firm within their range. The dollar-yen rate was in the low ¥156 range per dollar. In Asian markets, the Shanghai Composite turned slightly lower after rising in the morning, while the Hang Seng Index remained weak. Some market participants viewed firm after-hours trading in Dow futures as providing support for the Tokyo market, although signs that prices had reached a ceiling after the morning session high were also being noted.
By sector, Other Products, Pharmaceuticals and Insurance recorded the largest gains, while Mining, Oil and Coal Products, and Nonferrous Metals were among the biggest decliners. Stocks with the highest trading value on the TSE Prime Market included Leopalace21, Sanrio, Nintendo, Mitsubishi Heavy Industries, 洋エンジ, Mitsui O.S.K. Lines, Nippon Steel, Tokio Marine Holdings, IHI and Tokyo Electric Power Company Holdings. Meanwhile, 三井金属鉱業, 住友鉱ディ, Taiyo Yuden, IBIDEN, KOKUSAI, SCREEN Holdings, SUMCO, JX金属, Murata Manufacturing and Panasonic Holdings were lower.
Leopalace21, Sanrio, Nintendo and Mitsubishi Heavy Industries were among the stocks with the highest trading value reported to be higher.