The Nikkei fell 3.56% for a 3rd straight day, while TOPIX continued to decline, down 2.49%. Risk aversion is spreading amid uncertainty over the outlook.
The Nikkei fell 3.56% for a 3rd consecutive day, while TOPIX fell 2.49%, leaving the market in a continued downtrend. Attention has also been drawn to the risk of amplified price movements in trading of index-linked futures and ETFs.
During market declines, position reduction is likely to occur, particularly among major stocks, and relatively resilient areas such as defensive and high-dividend stocks tend to attract attention, according to some views.