In the overview of the Japanese stock market on 29 September, it was reported that a stock had strengthened shareholder returns by increasing its dividend from ¥30 to ¥50 and offering holders of 200 or more shares a ¥15,000 digital gift, and that the stock continued to rise against this backdrop.
The Nikkei 225 at times extended its decline from the previous day on 29 September, but the drop eased in the afternoon, supported by buying in some AI and semiconductor-related stocks. Across the TSE Prime Market, trading volume increased while trading value declined. The Nikkei 225 ended trading at ¥65,481.27, with 36 advancers, 188 decliners and 2 unchanged issues.
The article reported that Orchestra Holdings, ハピネット and 旭有機材 were among the top gainers, while ネクソン, トランヴィア and meito declined. Overall, selling to raise cash was seen ahead of the ex-dividend date for interim dividends at companies with March year-ends, but the market generally resisted further declines.