The Nikkei Average fell ¥97.97 from the previous day to ¥66,164.19 in the morning session on the 27th, reversing for the first time in three sessions. Buying initially led the market following Nvidia's earnings, but selling from investors waiting for a rebound weighed on prices.
In the morning session on the 27th, the Nikkei Average fell ¥97.97 from the previous day to ¥66,164.19, reversing for the first time in three sessions. TOPIX rose 3.68 points to 4,114.70, marking a modest gain.
Buying initially led the market on the back of Nvidia's strong earnings, but the Nikkei Average weakened again as selling from investors waiting for a rebound weighed on prices in the afternoon.
Trading volume on the TSE Prime Market was 974.67 million shares, while trading value was ¥4.2745 trillion. The number of advancing issues was 650, compared with 841 decliners and 64 unchanged issues.
By sector, declines were particularly pronounced in marine transportation stocks, while electric power and gas, real estate, and information and communications stocks also fell. Nonferrous metals and mining stocks, meanwhile, were firm.
The yen weakened slightly against the dollar, with the exchange rate moving around ¥159.30 per US dollar.