In the Tokyo market, the Nikkei Average remained range-bound at lower levels, while the momentum behind futures buying after the morning close subsided. Investor sentiment was mixed, and sporadic trading was observed.
The Nikkei Average continued to trade in a lower range than during the morning session, moving around the ¥64,300 level at the afternoon open. Buying in the futures market showed signs of pausing, and there was little notable price movement. Uncertainty surrounding factors related to AI and semiconductors continued to weigh on the market, while investor sentiment fluctuated in both directions.
Trading on the TSE Prime Market was active. After the morning close, basket trades, involving the aggregated purchase and sale of multiple stocks by large domestic and overseas investors, worth approximately ¥61.4 billion were completed. Trading value as of 12:45 p.m. was approximately ¥3.383 trillion, and trading volume was approximately 978.9 million shares.
By stock, SoftBank Group (SBG) and Fujikura remained at lower levels. Meanwhile, Advantest and Fast Retailing traded relatively higher. Across the market, buying on dips, supported by expectations for further gains and perceived value at current price levels, was seen as providing underlying support.
Based on information from Nikkei QUICK News, sporadic trading continues to be mixed as investors assess futures trends and movements in individual stocks.