The Nikkei 225 was down ¥181 as of 2:50 p.m., extending its decline, while market attention remained focused on upcoming earnings announcements and tonight’s US employment report.
The Nikkei 225 extended its decline, falling ¥181 as of 2:50 p.m. Advantest, SoftBank Group and Lasertec were among the top negative contributors, while Fujikura, Bandai Namco Holdings and Fast Retailing were among the top positive contributors. By sector, construction, other financing, securities and commodities futures, glass and ceramics, and machinery declined, while oil and coal products, other products, rubber products, warehousing and harbor transportation services, and marine transportation advanced.
The Nikkei 225 has remained resilient on the downside, with earnings announcements from Terumo, Recruit Holdings, Japan Post Holdings, Japan Post Insurance, Japan Post Bank, Olympus, Mitsui Fudosan, Mitsubishi Estate, Nitori Holdings and KDDI scheduled ahead. In the US market, the July employment report is due out tonight, heightening market attention.