The Nikkei 225 temporarily fell by more than ¥700 in morning trading on the 2nd, weighed down by profit-taking selling and higher oil prices. It was down ¥515.77 from the previous close, while TOPIX fell 23.99 points.
The Nikkei 225 fell in the Tokyo stock market on the morning of the 2nd, temporarily declining by more than ¥700. Profit-taking selling spread following the previous day's sharp rise, and selling orders across a broad range of stocks led the market lower.
Rising US crude oil futures prices were also cited as a market headwind, while high-priced stocks such as AI-related and semiconductor shares were sold, pushing the market lower. As of 10:00 a.m., the Nikkei 225 was down ¥515.77 from the previous close at ¥68,440.95, while TOPIX was down 23.99 points at 4,107.99.
The Nikkei 225 had risen by approximately ¥3,500 over the 2 days through this day, prompting selling from the morning as investors focused on lower price levels.