The Nikkei Average fell to around ¥610 below the previous day's level in Tokyo trading on the 10th. Mitsui Mining & Smelting, Fujikura and Taisei Corporation were among the top decliners among Nikkei constituents.
The Nikkei Average was trading around ¥610 below the previous day's level on the morning of the 10th, with selling prevailing from the start of the session. It briefly fell to around ¥956 lower at 10:36 a.m., but subsequently traded with the decline narrowing as buying to cover losses emerged. The yen was moving slightly higher against the dollar, with the exchange rate in the mid-¥153 range.
Among Nikkei constituents, Mitsui Mining & Smelting, Fujikura, Taisei Corporation, Shimizu Corporation and The Japan Steel Works were among the top decliners by percentage. The top gainers included Aozora Bank, Resona Holdings, Panasonic, Shizuoka Financial Group and BayCurrent.
Market developments remained highly fluid that day, and buying aimed at a rebound emerged at times in the afternoon following the morning decline. Depending on exchange-rate movements, the outlook could also be affected.