The Nikkei 225 fell back in Tokyo trading on the 21st, down ¥473 in the morning at ¥65,743.06, with Fast Retailing leading the decline. Selling prevailed from the opening bell against a backdrop of higher long-term U.S. Treasury yields and rising oil prices in the previous day’s U.S. market, while the morning close was ¥66,008.45.
The Nikkei 225 fell back in Tokyo stock market trading on the 21st. As of 11 a.m., it was down ¥473.73 from the previous day at ¥65,743.06. The index opened sharply lower, down ¥789.10 at ¥65,427.69, and although it briefly recovered slightly in after-hours trading in U.S. stock futures, the rebound was limited. The morning close was ¥66,008.45, down ¥208.34 from the previous day.
Fast Retailing led the decline in the Nikkei 225, weighing on the index by ¥275.95. It was followed by SoftBank Group, Recruit Holdings, Shin-Etsu Chemical, and FANUC. Kioxia was the top positive contributor, lifting the Nikkei 225 by ¥40.13, followed by Tokyo Electron, KDDI, Itochu, and Kyocera.
On the TSE Prime Market, declining issues outnumbered advancing issues, at 887 and 594, respectively. Off-auction basket trading after the morning close totaled approximately ¥99.9 billion. Morning trading value was approximately ¥4.0209 trillion, and trading volume was approximately 995 million shares.
As the afternoon approached, strength in South Korea’s KOSPI prompted some buying back in semiconductor-related stocks, with Tokyo Electron and Kioxia at times showing notable gains. Investors focused on movements in U.S. interest rates and oil prices, the earnings outlook for domestic companies, and the limited downside risk.