The Nikkei 225 fell sharply on 8 September as the yen strengthened to the upper ¥152 range per dollar. Price movements among TSE Prime stocks were also volatile, with growing concerns over deteriorating profitability, particularly among export-related stocks.
The Nikkei 225 fell sharply from the previous day on 8 September, closing at ¥65,269.33, down ¥1,130.51. The index briefly returned to positive territory in the morning, led by semiconductor-related stocks, but selling spread in the afternoon amid concerns over escalating tensions in the Middle East and the yen’s appreciation, sending the market lower again.
The yen strengthened against the dollar to the upper ¥152 range in the foreign exchange market, intensifying concerns over deteriorating profitability, particularly among export-related stocks. The Nikkei 225 extended its losses into the afternoon. Trading volume on the TSE Prime Market increased, while trading value reached ¥8.477402 trillion.
Among individual stocks on the TSE Prime Market, Nxera Pharma, Nitori and SoftBank Group were among the top advancers, closing up ¥66, ¥176 and ¥339, respectively. Among decliners, Seiko Group, Citizen Watch and Daiichi Kogyo Seiyaku ended trading with substantial losses.