The TSE Growth Market fell sharply from the previous day, with both the TSE Growth Index and the Growth Market 250 Index declining for the first time in 3 days. The decline widened in the morning, while the afternoon rebound was limited.
Today, trading volume in the TSE Growth Market was in the 500-million-share range amid a sharp decline in the indices, while trading value was approximately ¥378 billion. The Core Index, which includes the 20 largest companies by market capitalization in the Growth Market, also fell 1.16%, and the number of decliners substantially exceeded the number of advancers.
Among individual issues, TWOST revised down its earnings outlook, Axelspace revised down its outlook for the fiscal year ending May 2027, and note fell despite a substantial year-on-year increase in cumulative operating profit for the first 3 quarters, as investors appeared to have priced in the available catalysts. カルナバイオ also fell after breaking below its 200-day moving average.
The rise in major U.S. stock indexes yesterday provided support for the Tokyo market at times, but the continued high level of long-term interest rates, concerns over high valuations in emerging markets and increased appetite for security-related issues contributed to profit-taking selling.
Although some dip-buying emerged in the afternoon, the rebound was limited, and the Growth Market as a whole continued to decline from the previous day.