The Tokyo market on the 6th is expected to come under pressure from semiconductor stocks, with the Nikkei 225 forecast to fall sharply. As of 7:50 a.m., the expected range for the Nikkei 225 was approximately ¥56,500–¥59,000.
The Tokyo market on the 6th is expected to fall sharply, with the Nikkei 225 forecast at approximately ¥56,500–¥59,000. The previous day’s close was ¥61,077.90, marking a fourth consecutive decline, while the TOPIX rose. Developments in U.S. markets and the semiconductor sector could affect the direction of the broader market. One scenario is for the Nikkei 225 to fall to the low ¥57,000s at the open, and volatility in cash equities could increase.
Among individual stocks, Advantest and Tokyo Electron dragged the Nikkei 225 down by approximately ¥1,557, while buying in Toyota and other companies that reported strong results helped limit the decline. U.S. selling could spread beyond semiconductors, and widespread liquidation selling is expected to emerge on the 6th. Early on the 6th, Chicago Nikkei 225 futures fell to the low ¥57,000s in yen terms, which could cause movements in cash equities to be concentrated around the open.