The Nikkei Average fell for the first time in 3 sessions in morning trading, ending at ¥65,266.67, down ¥1,033.77 from the previous day. Tokyo Electron was the top drag, while Fast Retailing led positive contributions and supported the market.
The Nikkei Stock Average ended morning trading at midday on the 6th at ¥65,266.67, down ¥1,033.77 from the previous day. There were 970 advancers, 516 decliners and 65 unchanged stocks, with advancers far outnumbering decliners.
Tokyo Electron was the largest negative contributor to the Nikkei Average, followed by SoftBank Group, Advantest, Kioxia and Fujikura, which also weighed on the index.
Fast Retailing was the largest positive contributor, lifting the Nikkei Average by ¥133.55, followed by Omron, Kikkoman, Kao and Astellas Pharma.
By sector, 20 of the 33 sectors advanced. Food led the gains, followed by pharmaceuticals, steel and retail. The biggest decliners were nonferrous metals, electrical equipment and metal products.