The Nikkei Average extended its decline for a 3rd straight day at the 25th open, with selling prevailing mainly in semiconductor-related stocks. The index opened down ¥332.83 from the previous day at ¥65,195.26.
The Nikkei Stock Average opened on the 25th at ¥65,195.26, down ¥332.83 from the previous day. It marked a 3rd consecutive day of declines, with selling remaining predominant after trading began and declines centered on semiconductor-related stocks. In the previous day's US market, the NY Dow rose, while the Nasdaq Composite and SOX fell.
Selling in semiconductor-related stocks with a high contribution to the Nikkei Average acted as a downside factor for the market. Based on the Osaka Exchange settlement price, the Nikkei Average settlement price was reported to be ¥65,365, down ¥75 from the previous day. In the foreign exchange market, the dollar/yen rate was trading in the low ¥159 range and the euro/yen rate in the mid-¥185 range.
The market information released that day reported that updates were continuing to be issued one after another on movements after the open and the status of market-on-open orders before the morning session. Investors are closely watching movements in individual stocks, particularly semiconductor stocks, and developments in overseas markets.