On 23 October, the Nikkei Average in the Tokyo stock market closed down ¥214.68 at ¥62,693.16. It briefly fell below ¥62,000 in the morning before losses eased in the afternoon session.
In the Tokyo stock market on the 23rd, the Nikkei Average closed down ¥214.68 from the previous day. Estimated trading volume on the Prime Market was approximately 2.88432 billion shares, with estimated trading value of approximately ¥8.9383 trillion.
In the morning, the Nikkei Average briefly fell below the ¥62,000 level during trading hours for the first time in about 3 months, and at one point the decline exceeded ¥1,400. Losses eased after the afternoon session began.
Selling intensified mainly in AI- and semiconductor-related stocks, while declines in major stocks narrowed in the afternoon. Taiyo Yuden, Fujikura and Ibiden fell, Disco and Hitachi were sold, while Kioxia Holdings, Lasertec and Tokyo Electron were firm or rose.
Mitsubishi UFJ Financial Group, Recruit Holdings and Nintendo were among the related stocks that fell, while Fast Retailing was bought.
Selling led the overall market lower against the backdrop of declines in US equities, but a shift into positive territory for Nasdaq-100 futures and movements in related stocks contributed to buying back shares in the afternoon.