The Nikkei 225 fell sharply in Tokyo trading on the 8th, closing at ¥69,042. The market remained weak through the close and finished at its low, prompting reports that risk aversion could strengthen ahead of the 3-day weekend.
The Nikkei 225 fell sharply for a second straight session on the 8th, following declines in U.S. stocks, closing at ¥69,042, down ¥993. The index at one point fell more than ¥700 during trading, but although it recovered somewhat in the afternoon session, it ultimately ended with a wider decline.
Trading value on the Tokyo Stock Exchange Prime Market was estimated at ¥7.61 trillion. By sector, marine transportation, services and rubber products rose, while nonferrous metals, glass and ceramics, and banks declined.
Among individual stocks, Tsuruha Holdings rose, while regional bank stocks including Shikoku Bank and Fukui Bank fell. AI-related stocks were generally mixed, while broadband security stocks performed steadily.
The Nikkei 225 opened lower and remained weak throughout the day, closing at its low. This prompted views that risk aversion would strengthen ahead of the 3-day weekend. This week's market action has drawn attention because the index rose sharply on Monday and Tuesday before falling sharply on Wednesday and Thursday.