At the open on the 13th, the Nikkei 225 was about ¥466 lower than the previous weekend and fell below ¥68,000. Selling prevailed against a backdrop of declines in US stocks and semiconductor-related stocks.
On the 13th, the Nikkei 225 began trading at ¥68,564.85, down ¥466.07 from the previous weekend, and remained weak thereafter, falling below ¥68,000. Selling led the market immediately after the open, and the decline widened to more than ¥1,300.
In the US market, the Dow rose for a 3rd straight session, while semiconductor-related stocks fell, the Nasdaq Composite declined and the SOX Index fell for a 4th consecutive session. Against a backdrop of heightened geopolitical risks, selling pressure intensified in Tokyo, particularly in semiconductor-related stocks.
The yen-denominated settlement price for Chicago Nikkei 225 futures was ¥68,455, down ¥1,015 from the previous weekend's Osaka Exchange settlement price, and moves anticipating a decline in the cash market continued. In the foreign exchange market, the dollar was trading around the mid-¥158 range and the euro around the upper-¥176 range.