The Nikkei 225 fell sharply today as market activity weakened against the backdrop of the US midterm elections, while Astellas raised its current-year net profit forecast. Market trends and movements in major stocks were reported together.
The Nikkei 225 fell sharply from the morning session, with the closing level down approximately ¥893 from the previous day. Although a temporary rebound was seen during trading hours, selling ultimately prevailed and the decline widened.
In the Tokyo market, the TSE Growth Index fell for a fourth straight day. Selling was prominent amid caution ahead of the US midterm elections, although the index was also seen resisting further declines in the afternoon.
In corporate news, Astellas Pharma was reported to have raised its current-year ordinary profit forecast from its previous projection, lifting its outlook for record-high earnings. The news attracted investor attention as one factor weighing on the broader equity market.
Asteria, W Dish and VIA HD were among the stocks identified as being in focus today, but the article contained no specific new information on their performance, and no additional moves in individual stocks could be confirmed from the article.