The Nikkei Stock Average opened the afternoon session 267 points higher and is expected to move within a narrow range around the morning close. Although it shifted into positive territory from a 182.11-point loss at the morning open, reports indicate that gains are likely to remain limited.
The Nikkei Stock Average is expected to move within a narrow range around the morning close during the afternoon session, after shifting into positive territory from a 182.11-point loss at the morning open.
The Nikkei remains below its 25-day and 75-day moving averages, which are in the ¥66,000 range, and resistance on the upside is considered likely to weigh on the market. Reports on the afternoon-session open also indicated that Furukawa Electric and Fujikura were among the advancers.