Tokyo stocks opened on the 22nd at ¥64,539, down ¥81 from the previous day, marking a lower start. Gains in European and U.S. stocks are expected to provide support for the market.
Tokyo stocks opened on the 22nd with the Nikkei 225 at ¥64,539, down ¥81 from the previous day, marking a lower start. Market conditions were conducive to profit-taking selling following the previous day’s sharp gains. Against the backdrop of the Bank of Japan’s policy stance and domestic factors, investors were cautious about taking on risk in the morning.
European stocks were firm, particularly in the major markets, while U.S. stocks also rose, led by the NY Dow and other major indexes. The SOX index rebounded, gaining nearly 2%. These moves are helping support market sentiment.
However, risk-on sentiment remained weak across the Tokyo market overall. While gains in European and U.S. stocks are providing support, profit-taking selling is expected to emerge readily as a reaction to the previous day’s sharp rise. Major AI and semiconductor-related stocks were mixed.