Mercari shares plunged on the Tokyo Stock Exchange Prime Market on 16 September, closing at ¥3,621 and ranking among the top decliners with a 6.36% drop.
The Nikkei Stock Average traded in negative territory during the morning session before buying returned to AI and semiconductor stocks in the afternoon session, and the Nikkei rebounded sharply from the previous day to close at ¥63,923.00. Individual stocks posted mixed gains and losses, and their movements affected the direction of the broader market.
Trading volume on the Tokyo Stock Exchange Prime Market declined, while trading value was approximately ¥6.7075 trillion. Stocks in sectors including oil and coal products and mining rose, while pharmaceuticals, information and communications, and retail stocks fell.
I-ne was the top gainer among individual stocks on the Tokyo Stock Exchange Prime Market, while Mercari was the top decliner. Mercari ended the session as the market's No. 1 decliner. Overall, many stocks updated their year-to-date highs, while some also updated their year-to-date lows.
The article reports on the Nikkei's movements on 16 September together with the Tokyo Stock Exchange Prime Market's percentage-change rankings, covering the broader market trend against the backdrop of Mercari's decline.