In the Tokyo stock market on the 21st, the Nikkei 225 opened at ¥64,885.95, up ¥810.53 from the previous day, with buying prevailing from the outset. At the open, Ibiden, Kioxia Holdings, Fujikura, Panasonic Holdings and JX Advanced Metals were among the gainers.
The Nikkei 225 opened on the 21st at ¥64,885.95, up ¥810.53 from the previous day, rebounding for the first time in 3 days. Buying prevailed after the open, with Ibiden, Kioxia Holdings, Fujikura, Panasonic Holdings and JX Advanced Metals among the stocks attracting buying interest. Although U.S. stocks were mixed the previous day, the Dow maintained its gains, driving the broader market higher.
By sector, insurance, electrical appliances, nonferrous metals, and air transport and machinery stocks rose, while mining, oil and coal products, retail, marine transportation and other products also saw periods of notable declines. The trade balance for September, announced before the market opened, showed a deficit of ¥536.5 billion, substantially larger than the median private-sector forecast of a ¥180.9 billion deficit.
While earnings announcements for the first half by companies with March year-ends are expected to influence share prices, caution remains toward AI-related and semiconductor stocks. The Nikkei 225 is at a point where a death cross between the 25-day and 75-day moving averages has been noted, and the market is expected to remain constrained alongside renewed interest in buying on dips.