The Nikkei Average fell ¥111.16 from the previous day to ¥64,214.48 in the afternoon session on the 3rd, marking its fourth consecutive decline. Although buying remained dominant in the afternoon session, weakness in AI and semiconductor stocks caused the Nikkei Average's decline to widen again.
The Nikkei Average fell ¥111.16 from the previous day in the afternoon session on the 3rd, marking its fourth consecutive decline. After moving sideways to slightly lower in the morning session, the decline widened into the afternoon, with the index falling to around ¥63,772.80 at 2:26 p.m.
TOPIX stood at 4,102.04 points at the same time, up 20.44 points from the previous day. Trading opened in the afternoon session with buying dominant, but overall market movement was centered on the Nikkei Average's decline.
The yen strengthened to around ¥157 to the dollar, restraining the market's overall risk-on tone.
Trading volume on the TSE Prime Market was approximately 2.18832 billion shares, with trading value of approximately ¥7.577 trillion. By sector, 13 of the 33 sectors declined and 20 rose. Among individual stocks, declines in mining, real estate and rubber products stood out.
In the afternoon session, gains continued in oil and coal stocks such as Idemitsu Kosan and ENEOS, as well as electric power and gas stocks such as Mitsui & Co. and The Kansai Electric Power Company. Overall, rising and declining stocks were mixed across a broad range of issues.