The Nikkei 225 was down ¥3,552 as of 14:50. Top-contributing stocks and sectors, as well as tonight’s US employment report and University of Michigan Consumer Sentiment Index, are the market’s focus.
The Nikkei 225 was trading down ¥3,552 as of 14:50. Among the largest contributors, SoftBank Group, Advantest and Fast Retailing were the leading negative contributors, while Daikin Industries, Taiyo Yuden and Screen Holdings were the leading positive contributors. All sectors were lower, with food products, oil and coal products, real estate, other products and nonferrous metals among the sectors with the largest declines.
The Nikkei 225 remained narrowly ranged. Stocks scheduled to announce earnings included TOWA, Sanrio, Mitsui Fudosan, Keisei Electric Railway, KDDI, Unicharm and Mitsubishi Motors. In the US market, the October employment report and November University of Michigan Consumer Sentiment Index were due tonight, raising concern about the impact of these events.
Regarding monetary policy, the vice chair of the US Federal Reserve was scheduled to participate in a discussion, as was participation in a panel hosted by the European Central Bank. Market participants were monitoring developments.