The Tokyo market is expected to fall further on the 29th following the decline in US stocks, with downward pressure from the ex-dividend effect also in focus. The expected range for the Nikkei Average is ¥65,300 to ¥66,300.
In Tokyo stock trading on the 29th, selling related to the decline in US equities is expected to lead trading. Additional downward pressure from the ex-dividend effect is expected on the Nikkei Average, heightening caution over the direction of trading.
Market participants expect the Nikkei Average to trade within a range of ¥65,300 to ¥66,300 today, with developments likely to reflect movements on the 28th.