In the morning session on the 13th, the Nikkei 225 was down about ¥1,600, with semiconductor-related stocks remaining weak. The index was around ¥67,384 in the 9 a.m. hour, and a substantial decline from the previous weekend was being factored in for the full day.
In the morning session on the 13th, the Nikkei 225 was trading about ¥1,600 below the previous weekend's level. It reached a sharply lower level at 9:58 a.m., falling to around ¥67,384.26. In the US market, the Dow rose for a 3rd straight session the previous day, but the Nasdaq Composite fell under the influence of declines in semiconductor-related stocks. The Nikkei 225's decline spread particularly among semiconductor-related stocks, while the settlement price for Chicago Nikkei 225 futures was also about ¥1,015 lower than the previous weekend.
The Nikkei 225's decline spread across sectors, with 11 of the 33 sectors falling and 22 rising. Nonferrous metals, electric appliances and information and communications stocks declined, while insurance and securities and futures stocks were firm. Among individual stocks, Mitsui Kinzoku, Fujikura, Advantest, Tokyo Electron and Trend Micro declined. Securities stocks such as Daiwa Securities Group and Nomura, meanwhile, stood out for their strength.
In the Tokyo foreign exchange market, as of 10 a.m. the dollar-yen pair was trading in the mid-¥158 range and the euro in the lower ¥177 range. Overseas factors were believed to include rising geopolitical risks in the Middle East, while selling of semiconductor-related stocks prevailed across the Tokyo market.
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