The Nikkei Average opened on the 26th at ¥65,604.49, down ¥251.94 from the previous day. Despite firm US stocks, selling on the pullback after recent gains and by investors awaiting a rebound predominated.
The Nikkei Average opened on the 26th at ¥65,604.49, down ¥251.94 from the previous day. Although US stocks were firm the previous day, the Tokyo market opened with selling on the pullback after recent gains and by investors awaiting a rebound predominating. In the US on the 25th, the Dow rose for a third straight session, while the Nasdaq Composite and SOX each rebounded. The yen-denominated settlement value of Nikkei futures in Chicago was ¥66,060, up ¥120 from the Osaka Exchange settlement value on the 25th.
In the Tokyo foreign exchange market, as of 9:02 a.m., dollar-yen was trading in the first half of the ¥159 range, while euro-yen was in the second half of the ¥185 range.