Around the middle of the morning session on the 7th, the Nikkei Average was down approximately ¥230, falling to around the mid-¥70,411 range as of 10:00 a.m. SoftBank Group was bought, providing support for the index.
Around the middle of the morning session on the 7th, the Nikkei Average was trading approximately ¥230 below the previous day's level in the Tokyo stock market, amid reports that profit-taking selling was emerging mainly in AI- and semiconductor-related stocks.
Meanwhile, Fujikura and Furukawa Electric among the wire and cable stocks, as well as SoftBank Group (SBG), were bought, supporting the Nikkei Average.
As of 10:00 a.m., estimated trading value on the TSE Prime Market was ¥2.471 trillion and trading volume was 646.58 million shares. Among individual stocks, TDK, Ibiden and Kioxia declined, while Nissan Chemical, Ryohin Keikaku and Fast Retailing rose.