The stock market is expected to be soft on the 28th, with profit-taking selling likely to prevail, although gains in the Nasdaq are expected to provide support.
The market expects the stock market to be soft on the 28th. Profit-taking selling is expected to be the main factor, but strength in the Nasdaq is seen as likely to support the market overall.
The Nikkei 225 stood at 66,131.98 as of 15:30, down 130.18, or 0.20%, from the previous day, indicating sluggish intraday trading. Meanwhile, in the US market, the Dow Jones Industrial Average closed at 53,569.44, up 105.56 points.
The Shanghai Composite closed at 3,956.57, up 44.04, with signs of support evident in Asian markets. Strength in the Nasdaq is cited as a factor supporting risk assets broadly.
The day's news reports on short-term movements in the stock market, and further updates are expected to focus on developments in the Japanese and US markets and changes in their fundamentals.