The Nikkei Average fell 488.27 yen to ¥65,528.09 in the afternoon session on the 24th, extending its decline for a second straight day. Trading volume on the TSE Prime Market was 1.88234 billion shares and trading value was ¥7.0636 trillion, falling below ¥8 trillion for the first time in 3.5 months.
The Nikkei Stock Average ended the afternoon session down 488.27 yen from the previous day at ¥65,528.09, extending its decline for a second straight day. The TOPIX edged higher and at times appeared set to extend its advance for a third straight day, but the market as a whole remained on a downward trend. As the afternoon session began, investors increasingly adopted a wait-and-see stance, and the decline widened. The yen-dollar exchange rate moved sideways at around ¥158.09 to the dollar.
Trading volume on the TSE Prime Market was 1.88234 billion shares and trading value was ¥7.0636 trillion, falling below ¥8 trillion for the first time in 3.5 months, since 1 May. Among individual stocks, mining shares such as INPEX and Japan Petroleum Exploration, and information and communications shares such as Mercari and SoftBank Group, declined. Some service, construction and other-products stocks, meanwhile, rose.
Of the 33 sectors, 13 declined and 20 rose. Insurance, fisheries, agriculture and forestry, glass and ceramics, nonferrous metals, banking, and electric power and gas shares were weak, while service stocks such as Dentsu Group and Recruit Holdings, construction stocks including Taisei Corporation and Obayashi Corporation, and other-products stocks such as Nintendo rose.
Among major stocks, shares of major companies such as Mercari and SOMPO declined. Meanwhile, stocks including Hitachi Construction Machinery, Sumitomo Metal Mining and Matsuya Foods showed relative firmness. Overall, investor focus remained divided between buying aimed at capturing a market rebound and continued wait-and-see positioning.