The Nikkei began at ¥62,973.16, down 0.17% from the previous day, with selling in semiconductor-related stocks weighing on the market. By sector, air transport and insurance were firm, while nonferrous metals and mining were soft.
At the open of Tokyo trading, the Nikkei was down 0.17% from the previous day at ¥62,973.16, as selling in semiconductor-related stocks pushed the index lower. The decline widened after the open, with the index trading down as much as 0.6%.
By sector, air transport and insurance were firm, while nonferrous metals and mining were soft. Advantest, SoftBank Group and Tokyo Electron fell among AI- and semiconductor-related stocks.
Among major stocks, Toyota Motor was flat, while Sony Group and Fast Retailing were firm.
Overall, the market was influenced by movements in semiconductor stocks, while relative performance across other sectors was also evident. Trading in the morning session could affect the subsequent market direction.