Following the initial morning reaction, the Nikkei 225 was around ¥20 lower against a backdrop of rising long-term interest rates. Fast Retailing, Ibiden, Isetan Mitsukoshi Holdings, INPEX and Nippon Ham were reportedly among the biggest decliners among constituent stocks.
Shortly after 11:00 a.m. on the 3rd, the Nikkei 225 was trading around ¥20 lower than the previous day. Buying led the market in the morning, but it turned lower as selling by investors waiting for a rebound weighed on prices amid concerns over rising long-term interest rates. At 9:48 a.m., it reached a level around ¥185 lower, while the dollar was trading in the upper ¥158 range.
Among Nikkei 225 constituent stocks, Fast Retailing, Ibiden, Isetan Mitsukoshi Holdings, INPEX and Nippon Ham were among the biggest decliners. The biggest gainers included Nitori Holdings, Mitsubishi Corporation, Kubota, Hitachi Construction Machinery and ORIX.
The source is reportedly Wealth Advisor, with market information provided alongside the related news.