The Nikkei Average closed today at ¥66,311, down ¥93, with selling prevailing from the outset against a backdrop of rising US long-term interest rates and declines in US semiconductor stocks. The decline widened at times toward the end of the session.
The Nikkei Average retreated, closing at ¥66,311, down ¥93 from the previous day. Selling prevailed from the outset in response to domestic and overseas market factors.
Domestic long-term interest rates continued to rise, with the 10-year bond yield briefly reaching around 2.95%. At times, it rose to near a 30-year high.
Ichibanya's stock hit its daily limit high at one point, while reports emerged that parent company House Foods Group was considering selling the business.
Tri Chemical Laboratories announced that operating profit for February-July rose 20% year on year to ¥3.8 billion. Shipments to China and Taiwan had exceeded expectations.
Wire manufacturer SWCC announced a stock split. With the record date set for the end of September, each share is scheduled to be split into 5 shares.