The Nikkei Average fell for the 3rd straight day at midday on the 10th, ending the morning session at ¥64,597.46, down ¥545.32 from the previous day. Declining issues substantially outnumbered advancing issues, while sector performance was generally weak.
The Nikkei Average ended the morning session on the 10th, marking its 3rd consecutive day of declines. It closed down ¥545.32 from the previous day at ¥64,597.46. On the Tokyo Stock Exchange Prime Market, 534 issues advanced, 954 declined and 58 were unchanged, with declining issues substantially outnumbering advancing issues. This highlighted the overall weakness of the market.
Negative contributors to the Nikkei Average totaled ¥128.72, with Tokyo Electron the largest contributor. Fast Retailing, Ibiden, Fujikura and SoftBank Group also contributed to the decline. Meanwhile, Advantest was the top positive contributor, adding ¥86.89 to the Nikkei Average, followed by Recruit Holdings, BayCurrent Consulting, Taiyo Yuden and Panasonic Holdings.
By sector, 14 of the 33 sectors advanced. Securities and commodities was the strongest performer, followed by banking, oil and coal products, and services. Nonferrous metals, other products, and glass and ceramics were among the sectors with the largest declines.
Against this backdrop, the market was broadly dominated by declines, while individual stocks' contributions fluctuated sharply in both directions.