The Nikkei Stock Average plunged ¥1,259.61 from the previous day to ¥64,011.34 in Tokyo trading on 11 September. Worsening Middle East tensions, higher oil prices and rising interest rates weighed on investor sentiment.
The Nikkei Stock Average closed at ¥64,011.34, down ¥1,259.61 from the previous day, hitting its lowest level in about one month. Selling intensified in the morning, sending the index temporarily down to ¥63,208.63 at 9:20 a.m., but it held above that level and buying returned into the afternoon. In line with the Nikkei, TOPIX fell 0.65% to 4028.30, while the JPX Prime 150 declined 0.74% to 1685.51.
Trading value on the TSE Prime Market was approximately ¥8.7129 trillion, trading volume was 2.37251 billion shares, 986 issues declined and 509 advanced. The market did not fall across the board, with funds shifting between sectors.