In the afternoon session on the 7th, the Nikkei 225 fell for the first time in 3 days, down ¥648.27 from the previous day at 75,? yen 71 sen. TOPIX also fell 29.45 points, and the market showed a muted response following the US market, with periods of resistance to further declines.
In the afternoon session on the 7th, the Nikkei 225 fell for the first time in 3 days to ¥70,371.71, down ¥648.27 from the previous day, while TOPIX fell 29.45 points to 4,154.11. Although the US market reached a record high, the Japanese market showed little response to the rise in US equities. The Nikkei 225 fell by 66,66? yen at 11:24 a.m., but later showed periods of resistance to further declines as overheating eased.
Trading volume on the TSE Prime Market was 230.9 million shares, with trading value of ¥7.6713 trillion. There were 526 advancers, 972 decliners and 54 unchanged issues. By sector, bank, nonferrous metal, insurance and marine transportation stocks fell, while electric power and gas and rubber product stocks were firm.
Among individual stocks, bank stocks including Resona Holdings and Mizuho, and nonferrous metal stocks including Sumitomo Electric Industries and Fujikura, fell. Securities-related stocks including SBI and Nomura, as well as Nippon Steel and JFE Holdings among steel stocks, were soft. Meanwhile, electric power and gas stocks including Chubu Electric Power and Kansai Electric Power, and rubber product stocks including Yokohama Rubber and TOYO, were firm.
Provided by Wealth Advisor.