At the morning close on the 30th, the Nikkei 225 stood at ¥60,301.78, down ¥1,639.69 from the previous day, marking its first sharp decline in 4 days. AI-related and semiconductor-related stocks were weak against a backdrop of lower US equities and a sharp fall in Intel shares in after-hours trading.
The Nikkei 225 fell ¥1,639.69 from the previous day to ¥60,301.78, marking its first sharp decline in 4 days, while the TOPIX also fell for a second consecutive session and the overall selling mood intensified. Selling prevailed from the opening following the decline in US equities on the 29th local time and a sharp fall in Intel shares in after-hours trading.
At 10:53 a.m., the Nikkei 225 briefly stood at ¥62,711.42, down ¥1,948.05, and after the initial wave of selling subsided, it continued to move sideways near its lows. The yen strengthened, with the exchange rate moving toward the mid-¥157 level per dollar.
TSE Prime trading volume was 1,049,260,000 shares, with trading value of ¥3.9088 trillion. There were 740 advancing issues, 774 declining issues and 37 unchanged issues, indicating a broadly even balance between buying and selling. By sector, 19 sectors declined and 14 rose. Nonferrous metal and electrical equipment stocks were weak, while air transport and marine transport stocks were relatively firm.
Among individual stocks, Sumitomo Electric Industries and Fujikura in nonferrous metals, and Advantest and Tokyo Electron in electrical equipment, declined. By contrast, JAL and ANA in air transport and Nippon Yusen and Kawasaki Kisen in marine transport were relatively strong. Other decliners included Toeneck, Fujitsu, Meiko, FP Gas and Anritsu, while MetaWater, Konami Group, Mars GHd, Saibu Gas Holdings and Takara Tomy were among the gainers.