The Nikkei Average was down about ¥520, with SoftBank Group, Resonac and Fujikura among the largest decliners in the index. Declines among Nikkei constituents continued amid developments in the US market.
The Nikkei Average was trading about ¥520 lower than the previous day during the morning session on the 20th. It fell to ¥63,894.67 at 10:17 a.m., down about ¥1,022.03 from the previous day, and began to narrow its decline after the initial wave of selling subsided.
Among Nikkei constituents, SoftBank Group, Resonac, Fujikura, Furukawa Electric and SHIFT were among the largest decliners. By contrast, Toho, Nippon Steel, Yokogawa Electric, 7&I Holdings and Konami Group were among the top gainers.
The exchange rate was thought to be fluctuating around the mid-¥158 range to the US dollar, while the Nikkei Average was narrowing its earlier decline against the backdrop of developments in the US market.
The report was provided by Wealth Advisor.