The Nikkei 225 was up about ¥700 from the previous day and traded around ¥66,180 in the morning session on the 30th. It reached ¥66,518.98 at 9:30 a.m. before selling by investors waiting to sell into a rebound weighed on the upside after the initial buying ran its course.
The Nikkei 225 traded about ¥700 above the previous day's level in the Tokyo market on the morning of the 30th, reaching ¥66,518.98 at 9:30 a.m. local time. After the buying momentum ran its course, selling by investors waiting to sell into a rebound emerged and capped the upside.
By sector, 24 of 33 sectors rose and 9 fell. Nonferrous metal stocks Sumitomo Electric Industries and Fujikura, marine transport stocks Nippon Yusen and Mitsui O.S.K. Lines, metal products stocks SUMCO and NHK Spring, and air transport stocks JAL and ANA all reached higher levels in succession. Fisheries, agriculture and forestry stocks Nissui and Umiuos, and services stocks Dentsu Group and Recruit Holdings were weak.
Among financial stocks, Mitsubishi UFJ and Mizuho were firm, while glass and ceramics stocks TOTo and NGK also rose. Information and communications stocks Mercari and SoftBank Group, and chemical stocks Resonac and Shin-Etsu Chemical, held their gains. Other advancing stocks included T&G Nices, Meiko, Nippon Kayaku, Hokuhoku Financial Group and Taiyo Yuden.