The Nikkei Stock Average fell ¥1,801.56 from the previous day to ¥63,469.39 in the Tokyo stock market on the morning of the 11th, at one point recording a decline of more than ¥2,000. Concerns over crude oil prices and the U.S. midterm elections heightened the market’s perception of risk, spreading concerns over so-called “Trump inflation.”
The Nikkei Stock Average fell back in Tokyo trading on the morning of the 11th, ending down ¥1,801.56 from the previous day at ¥63,469.39. The decline exceeded ¥2,000 at one point, while U.S. political developments and geopolitical risks affected investor sentiment.
Some market participants attributed the weakness to turmoil in the Middle East, where crude oil prices remain high, while uncertainty over the U.S. political administration accelerated selling in the stock market.
Among individual stocks, Kioxia Holdings fell as much as 8%, while SoftBank Group fell as much as 7%. There is speculation that market weakness will continue from September onward.