The Nikkei 225 continued to decline at the morning close on the 8th, ending the morning session at ¥69,373.40, down ¥662.31 from the previous day. Declining stocks outnumbered advancing stocks, reinforcing the bearish tone.
The Nikkei 225 ended the morning session on the 8th at ¥69,373.40, down ¥662.31, after trading in a range of ¥69,373.40. On the Tokyo Stock Exchange Prime Market, decliners outnumbered advancers, with 169 advancers, 1,356 decliners and 21 unchanged, meaning about 80% of stocks fell.
Among the stocks making negative contributions to the Nikkei 225, SBG was the largest drag, accounting for ¥175.56. TDK, Tokyo Electron, Fast Retailing and Fujikura each made contributions of around ¥50.
Advantest was the leading positive contributor, lifting the Nikkei 225 by ¥56.09, followed by Kioxia, Recruit, Trend Micro and Lasertec.
By sector, 31 of 33 sectors declined, with marine transportation and services the only 2 sectors to rise. Oil and coal products led the declines, followed by nonferrous metals, machinery, banks, wholesale trade, and glass and ceramics products.