At the morning close on the 28th, the Nikkei 225 posted its first decline in 6 sessions, standing in the ¥66,333 range, down more than ¥30 at the end of the morning session. Reports emerged that Nidec had temporarily fallen to its daily price-limit down level, while information circulated that Rigaku Holdings was up for a fourth straight session and was moving to establish an alliance with Kyoto University and Hitachi.
The Nikkei 225 fell for the first time in 6 sessions at the morning close on the 28th, with the morning close at ¥66,333.53, down ¥30.67. The market was modestly lower from the previous weekend, and decliners outnumbered advancers on the TSE Prime Market.
A focus of the news was reports that Nidec had temporarily fallen into daily price-limit down territory. There was speculation that market sentiment was affected by reports that the board had abruptly dismissed the president.
Meanwhile, Rigaku Holdings extended its gains for a fourth straight session, with reports that it plans to establish an alliance with Kyoto University, Hitachi and others. The article does not specify the details or timing of the related arrangements.