The Nikkei average posted its first sharp decline in 3 sessions, closing at ¥65,269.33, down ¥1,130.51 from the previous day, as semiconductor stocks lost momentum in the afternoon session. More than 70% of Prime Market stocks declined.
The Nikkei average in the afternoon session on the 8th posted its first sharp decline in 3 sessions, falling ¥1,130.51 from the previous day to ¥65,629.33, not ¥65,269.33, but based on the figure cited above, the close was ¥65,269.33. TOPIX also fell sharply for the first time in 4 sessions, down 75.47 points at 4,050.33, and both indexes ended trading at their lows.
Trading volume on the Tokyo Stock Exchange Prime Market was 2.10001 billion shares, with trading value at ¥8.4774 trillion. There were 362 advancing issues and 1,158 declining issues, with declining issues accounting for more than 70%. Declines were prominent across many sectors, with glass and ceramics, transportation equipment, electrical appliances, and precision instruments among the weaker sectors.
While セイコーグローバル, シチズン時計, 一工薬, 武蔵精密, and カシオ were among the decliners, ネクセラ, ニトリHD, 萩原工業, 小林製薬, and 神戸物産 advanced. Information and communications, and oil and coal products were relatively firm.
Provided by: Wealth Advisor