In the Tokyo stock market on 23 June, the Nikkei Average fell for the first time in 9 sessions, dropping below ¥70,000. SoftBank Group plunged amid a decline in Arm shares, Taiyo Yuden fell after its investment rating was downgraded, and Fujikura rose as much as 14%, approaching its target price.
In the Tokyo market on 23 June, the Nikkei Average fell for the first time in 9 sessions, reaching a level below ¥70,000 on a closing-price basis. The news reports market activity centered on moves in individual stocks. The Nikkei Average was reported to have fallen below ¥70,000 at the close of trading.
SoftBank Group reportedly plunged under the impact of movements in Arm shares. The specific scale of the decline and details of the news behind it are mentioned in the main text. The decline was said to have occurred in tandem with broader market trends.
Taiyo Yuden fell following a downgrade in its investment rating. Further details on the reason for the downgrade and the stock concerned are provided in the main text. Changes in individual stock ratings were said to have affected market trends.
Fujikura reportedly rose as much as 14%, approaching its target price. Price movements were cited as a specific factor, and its intraday trading was said to have attracted attention.