The Nikkei 225 continued to fall at the open, with selling leading the market against a backdrop of lower US stocks, although the decline was limited by a lack of catalysts. Semiconductor-related and major stocks were mixed, while FANUC's response with a buy indication stood out.
The Nikkei 225 opened down 0.39% from the previous business day at ¥62,449.96 in the Tokyo stock market. Selling factors broadly prevailed against a backdrop of declines in US equities, but with no clear catalyst for a sharp fall, the market became less prone to further declines after the initial selling subsided.
Major semiconductor-related stocks were mixed. Advantest traded softly, while Kioxia Holdings showed a firm performance. Hitachi maintained a high level, whereas Toyota was slightly lower, with individual stocks moving in different directions. Overall, the market continued to lack a clear direction for stock selection.
Meanwhile, FANUC opened with a buy indication following its announcement of an upward revision. This attracted attention as a localized buying catalyst and made the differences in performance between individual stocks even more pronounced.