The Nikkei Average suffered its sharpest decline in 3 sessions on 7 November, closing at 70,035, down ¥648. Trading value on the TSE Prime Market was approximately ¥7.67 trillion. Electric power and gas, information and communications, and other sectors moved the market, while 日本マイクロニクス surged.
The Nikkei Average suffered its sharpest decline in 3 sessions on 7 November, closing at 70,035, down ¥648. After opening sharply lower, the index briefly moved into positive territory, but continued trading in negative territory and selling pressure intensified again toward the close.
Estimated trading value on the TSE Prime Market was ¥767.0 billion. By sector, electric power and gas, rubber products, and information and communications rose, while banks, non-ferrous metals, and securities and commodity futures declined. 日本マイクロニクス surged after a securities company raised its price target. Meanwhile, ACCES plunged after a lawsuit was filed in the United States.
Futures stood at 70,360, down 540; TOPIX was 4,154.11, down 29.45; advancing issues numbered 526 and declining issues 972; and trading volume was 2.33 billion shares, with trading value of ¥7.67 trillion. Developments related to Komatsu and other indicators were also listed.