The Nikkei Average fell sharply for a second consecutive session in the afternoon session on the 19th, down ¥2,134.31 from the previous day and ending in the upper ¥60,000 range. Losses narrowed in the afternoon, but the rebound remained limited.
The Nikkei Average fell ¥2,134.31 from the previous day to ¥665,326.42 in the afternoon session, while the TOPIX also dropped sharply, down 127.91 points at 4,012.31 points. Selling led the market against the backdrop of declines in U.S. equities, and it was the first time in three weeks that the Nikkei Average had fallen by more than ¥2,000. Losses narrowed in the afternoon, but the rebound remained limited.
Trading volume on the TSE Prime Market exceeded approximately 2.5 billion shares, while trading value exceeded approximately ¥10 trillion. Declining issues accounted for the majority of advancers and decliners, with more than 1,100 stocks falling. By sector, nearly all of the 33 sectors declined, led by nonferrous metals, glass and ceramics, machinery and banking stocks.
Decliners included Sumitomo Electric Industries, Fujikura, Nitto Boseki, AGC and Disco, while Chugai Pharmaceutical and Daiichi Sankyo stood out among pharmaceutical stocks for their gains. Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha rose among shipping stocks, while textiles, information and communications, and semiconductor-related stocks were generally weak. By contrast, Lawyer.com, LINK&M, Matsuya, Mercari and FIG maintained relatively high levels.
Provided by Wealth Advisor, the report covers market trends, including the sharp decline in the Nikkei Average and movements among individual stocks. The latest update to the company's related news report was at 15:58.