The Nikkei 225 started the afternoon session at ¥63,762.83, up ¥278.73 from the previous day. Shares including Panasonic Holdings and INPEX advanced, while oil, mining and electric power-related sectors remained firm.
The Nikkei 225 rose from the morning session close and opened the afternoon session at ¥63,762.83. The Nikkei 225 closed the morning session at ¥63,396.00, while Nikkei 225 futures traded in a ¥63,200–¥63,700 range during the lunch break. The dollar-yen rate was largely flat, moving from the low to high end of the ¥155.30 range per dollar, while Asian markets saw the Shanghai Composite edge higher and the Hang Seng move from a slight decline to a firmer tone. Buying led the market at times in the afternoon session, and some market participants said the underlying market conditions were not weak.
By sector, oil and coal products, mining, and electric power and gas were among the top gainers, while pharmaceuticals, information and communications, and other products were among the leading decliners. Among the stocks with the highest trading value, Panasonic Holdings, Tokyo Electric Power Company Holdings, INPEX, Hitachi, Screen Holdings, Murata Manufacturing, KOKUSAI ELECTRIC, Mitsui & Co., Fujikura and Shin-Etsu Chemical were firm. Otsuka Holdings, Kioxia Holdings, Sanrio, SoftBank Group, Ibiden, NTT, Fujitsu, Disco, Sony Group and Mitsui Mining & Smelting declined.