The Nikkei Average opened lower for the first time in 6 sessions. Following weaker U.S. stocks, it opened at ¥68,847.35, down ¥372.9 from the previous day, as concerns over higher crude oil prices prompted selling. Some semiconductor stocks attracted buying, with Kioxia and Mitsui Mining & Smelting showing resilience.
The Nikkei Average opened on the 18th at ¥68,847.35, down ¥372.9 from the previous day. Profit-taking selling was likely after the previous day's gains, while the decline in U.S. stocks also affected market sentiment.
In the U.S. market, major stock indexes fell, with some attributing the decline to higher crude oil prices amid concerns over worsening Middle East tensions. In the Tokyo market, some semiconductor stocks attracted buying, while movements in Okaya and related stocks supported market resilience.
Specifically, Kioxia and Mitsui Mining & Smelting were reported to have performed relatively firmly. The source was identified as Wealth Advisor Co., Ltd., and the report focused on movements in the Nikkei Average.