Around mid-morning in Tokyo on the 23rd, the Nikkei 225 was limiting its losses, trading around ¥62,000, approximately ¥900 below the previous day. Dip-buying emerged in AI-related and semiconductor stocks, supporting the market.
Around mid-morning in the TSE Prime Market, the Nikkei 225 was limiting its losses and trading around ¥62,000. AI and semiconductor stocks with high share prices came under selling pressure at times following declines in U.S. stocks, but dip-buying emerged at lower levels and supported the market. Buying in defensive stocks such as food and retail stocks, amid the yen's appreciation, also helped limit the Nikkei 225's decline.
As of 10 a.m., estimated trading value on the TSE Prime Market was ¥2.8441 trillion and trading volume was 897.81 million shares. By stock, SBG, Advantest and Tokyo Electron were lower, while Fast Retailing and Chugai Pharmaceutical were higher.