As reports emerged that crude oil, which is said to be set to influence the stock market this week, could approach $100, Japanese stocks fluctuated around the ¥64,000 level last week, with the Nikkei Average temporarily falling on the SQ date.
As of the 11th, the Nikkei Average was trading at ¥64,011.34. It rose to ¥66,399.84 at the start of the week on the 7th, but failed to break above ¥67,000 and subsequently fell.
The Nikkei Average temporarily declined to ¥63,208.63 on the weekend SQ settlement date. The decline came ahead of the SQ settlement.