The Nikkei Average fell 96 yen at the close of the Tokyo Stock Exchange, reversing course. Meanwhile, TOPIX maintained its nine-session winning streak, as concerns over rising interest rates continued to weigh on the market.
The Nikkei Average was down 96 yen at the close of trading in Tokyo today, with selling taking the lead. Investors maintained a cautious stance in response to market movements.
Meanwhile, TOPIX, the Tokyo Stock Exchange Stock Price Index, maintained its nine-session winning streak and showed relative strength despite the broader market decline. There were also reports that the range of price movements among individual stocks was limited.
The broader market was influenced by concerns over rising interest rates, and views were spreading that interest-rate movements would affect the market going forward.