In the morning session on the 18th, the Nikkei Average rose ¥525.86 from the previous day to ¥64,662.11 for a third straight gain. Meanwhile, TOPIX fell 17.81 points to 4,076.38, its first decline in two sessions.
In morning trading on the 18th, the Nikkei Average opened up ¥525.86 from the previous day at ¥64,662.11, extending its winning streak to 3 sessions. The morning high widened the day's gain, but the advance had limited spillover across the Tokyo market as a whole. With the Bank of Japan's monetary policy meeting approaching, resistance to further gains was evident.
Trading volume on the TSE Prime Market was 847.13 million shares and trading value was ¥3.6187 trillion. There were 387 advancing issues, 1,115 declining issues and 51 unchanged issues.
By sector, only 6 of the 33 sectors rose. Nonferrous metal stocks including Mitsui Mining & Smelting and Mitsubishi Materials advanced, while electrical equipment stocks including Kioxia and Ibiden also remained firm. Electric power and gas stocks including Tokyo Electric Power Company Holdings and Kansai Electric Power, as well as fishery, agriculture and forestry stocks including Nissui and UMIO, declined.
The exchange rate was around ¥156.20 to the U.S. dollar. The morning market trend appears to have been influenced by investors awaiting the Bank of Japan governor's press conference and movements in U.S. semiconductor stocks. Provided by: Wealth Advisor Co., Ltd.
sources_about_correspondence_ja_Notes_empty_for_now_? Trusting kabushiki.jp as primary source for facts.