The Nikkei average extended its decline, closing at ¥60,308.86 on the 2nd, down ¥208 from the previous day. Declining stocks far outnumbered advancing stocks, and stocks with large index contributions were also notably lower.
The Nikkei average fell ¥208.25 from the previous day on the 2nd, closing at ¥60,308.86. On the TSE Prime Market, 502 stocks advanced, 1,007 declined and 37 were unchanged, with decliners far outnumbering advancers.
Kioxia was the top negative contributor, weighing on the Nikkei average by ¥150.43, followed by Recruit, SCREEN, SBG and Kyocera in order of negative contribution. Tokyo Electron was the top positive contributor, lifting the Nikkei average by ¥248.28.
By sector, 10 of the 33 sectors advanced. The top performers were glass and ceramics, foods, electric power and gas, and land transportation. Warehousing and harbor transportation, services, and precision instruments were among the leading decliners.
Across the market, selling by investors waiting for a rebound appeared to prevail amid continued caution over external factors, including U.S.-China developments.