At the afternoon open in the Tokyo stock market on the 26th, the Nikkei traded around ¥300 below the previous Friday's level. Oil-related stocks, supported by expectations of higher crude oil prices, and trading house stocks were bought, while AI and semiconductor-related stocks were notable decliners.
At the afternoon open in the Tokyo stock market on the 26th, the Nikkei traded approximately ¥300 below the previous Friday's level. Buying in futures toward the afternoon session helped narrow the decline. Some market participants also warned of the risk of sharp market fluctuations, apparently against a backdrop of activity by overseas investors.
Oil-related stocks attracted buying in line with crude oil prices, while Toyota Tsusho and Itochu extended their gains in the afternoon. Trading house stocks were broadly bought, providing support for the Nikkei.
AI and semiconductor-related stocks remained weak. Fast Retailing fell further, while SoftBank Group and Ibiden also declined. Secom and Mitsui Fudosan were among the stocks that rose at points.
In off-auction trading on the TSE after the morning close, basket trades by large investors worth approximately ¥58.9 billion were executed. Market participants continued to monitor the afternoon session while assessing the Nikkei's positioning and overall market tone.