The Nikkei 225 continued to fall from the previous day's close after opening on the 9th, but turned positive with support from semiconductor stocks. Market concerns over higher oil prices in the US remain.
The Nikkei 225 opened on the 9th at ¥65,087.22, down ¥182.11 from the previous day. Crude oil futures rose in the US market, and the Dow and Nasdaq continued to decline, but semiconductor stocks moved higher in the Tokyo market, pushing the index into positive territory. The yen-denominated settlement price for Chicago Nikkei futures was ¥65,145.
In the Tokyo foreign exchange market, as of 9:00 a.m., the dollar was trading in the low ¥153 range and the euro in the mid-¥178 range.
Movements in semiconductor stocks, which supported the market that day, concerns over higher oil prices and foreign exchange movements affected the market's direction over a short period.
Related news includes follow-up reports analyzing the factors behind price movements after the opening and order conditions during the morning session.