As of 2 p.m., the Nikkei Average stood at ¥66,378.54, down ¥21.30 from the previous day, with TDK the largest drag at ¥72.91. The overall market moves are reviewed together with the other major positive and negative contributors.
As of 2 p.m., the Nikkei Stock Average was trading at ¥66,378.54, down ¥21.30 from the previous day, with the number of advancing stocks reported to be well below the number of declining stocks.
The largest negative contributor to the Nikkei Average was TDK, which weighed on the index by ¥72.91. Tokyo Electron, Recruit, Murata Manufacturing and Ibiden followed, each making a negative contribution of a certain magnitude.
SBG was the largest positive contributor, lifting the Nikkei Average by ¥376.52. Advantest, Nitori Holdings, Konami Group and KDDI followed.
By sector, 12 of the 33 sectors advanced. Information & Communication ranked first, followed by Oil & Coal Products, Construction and Real Estate.
Overall, the differences in the contributions of major stocks are having a significant impact on the market-wide moves at this point.