The Nikkei Stock Average's decline was reported to have exceeded ¥1,900, and the index was trading around ¥1,560 lower than the previous day in midday trading. The drop in major market indicators has heightened investor caution.
According to market news, the Nikkei Average's decline exceeded ¥1,900, and the index remained near its lows after the Tokyo market opened sharply lower. As of 12:32 p.m., the Nikkei Average stood at ¥67,468.03, down ¥1,562.89 from the previous day.
In the foreign exchange market that day, dollar-yen traded in the upper ¥158 range, with signs of further yen appreciation. There was speculation that risk aversion triggered by movements in US markets was also affecting Japanese equities.
Movements in the New York market were also a concern among major stock indexes. The Dow Average was trading in slightly lower territory, while the Shanghai Composite showed gains at times, but the Nikkei's overall weakness remained a burden on the market. Attention is focused on the outlook, alongside intraday price movements.
Market participants reported that, as movements in multiple indicators linked to the financial markets coincided, investors were being encouraged to strengthen stock selection and risk management.