The Nikkei 225 was down 405 yen as of 14:50 and has extended its decline despite limited movement. The APEC finance ministers' meeting is scheduled to be held in Hong Kong through the 21st this week.
As of 14:50, the Nikkei 225 was down 405 yen from the previous day's close. The stocks that contributed most to the decline were SoftBank Group, Fast Retailing and Tokyo Electron. Meanwhile, Recruit Holdings, BayCurrent Holdings and Kioxia Holdings were the leading positive contributors.
By sector, nonferrous metals, electrical equipment, rubber products, and information and communications services recorded the largest declines, while mining, oil and coal products, marine transportation, electric power and gas, and services recorded the largest gains. Overall, the Nikkei 225 was edging lower despite limited movement.
The APEC finance ministers' meeting is scheduled to be held in Hong Kong through the 21st this week, heightening market caution.