Against a backdrop of weaker U.S. stocks the previous day and heightened tensions in the Middle East, the Nikkei Average plunged more than ¥1,742 in the morning session, while the TOPIX also fell sharply. Declining stocks predominated across the market.
The Nikkei Average stood at ¥64,473.16 in the morning session, down ¥1,742.18 from the previous day, while the TOPIX plunged 91.58 points to 4,090.28. Tokyo stocks traded at lower levels against a backdrop of declines in U.S. equities and heightened geopolitical risks.
Trading volume on the TSE Prime Market reached 11.20178 billion shares, with trading value of ¥4.0137 trillion. Declining stocks accounted for the vast majority of issues, while gainers remained in the double digits.
All 33 sectors declined. Broad sectors including nonferrous metals, glass and ceramics, transport equipment and electric appliances fell. By contrast, some daily necessities and food-related stocks edged higher.