The Nikkei Average fell back at the 11 a.m. close, ending the morning session at ¥603,469.39, down ¥1,801.56 from the previous day. On the TSE Prime Market, decliners far outnumbered advancers, and negative contributors were prominent.
The Nikkei Average ended the morning session at the 11 a.m. close at ¥603,469.39, down ¥1,801.56 from the previous day. There were 505 advancing stocks, 982 declining stocks and 60 unchanged stocks, with decliners far outnumbering advancers.
Negative contributions to the Nikkei Average totaled ¥617.88, led by Advantest (-6857). SoftBank Group, Tokyo Electron, Kioxia and Ibiden also contributed, weighing materially on the index.
Bandai Namco Holdings was the largest positive contributor, adding ¥11.97 to the Nikkei Average. KDDI, Toyota Tsusho, Konami Group and Toyota also contributed, providing some support.
By sector, 6 of 33 sectors rose, led by mining, followed by marine transportation, insurance and transportation equipment. The biggest decliners were nonferrous metals, electric appliances and precision instruments.