The Nikkei Average is likely to move back and forth around the previous day's close in the Tokyo market on the 14th. Selling pressure is expected in major stocks following the decline in US equities, while some observers say dip-buying is likely after the sharp drop the previous day.
The Nikkei Average is expected to move back and forth around the previous day's close in the Tokyo stock market on the 14th. Selling is expected to lead in major Nikkei stocks following the decline in major US stock indexes, although some observers say dip-buying is likely after the sharp drop the previous day.
The Nikkei Average is expected to trade in a range of ¥67,200 to ¥68,400. Some observers say buying may focus on stocks with strong earnings prospects while the market remains subject to developments in US equities.
In the US stock market on the 13th, the Dow Jones Industrial Average fell for the first time in 4 trading days. Against this backdrop, short-term selling is expected to lead at times in the Japanese market, although dip-buying is also expected in some phases based on the factors behind the previous day's rebound.