The Nikkei Average fell again at the close on 31 August. There were 131 advancing constituent stocks and 91 declining stocks. The main contributors to the decline were Advantest and TDK, which together lowered the Nikkei Average by approximately ¥398.
Against a backdrop of weakness in the US market on 30 August and caution over the FRB's monetary policy, the Nikkei Average closed lower today than the previous day. The index closed at ¥66,311.93, down ¥93.63 from the previous day. Trading volume exceeded 2.6 billion shares, while trading value was in the upper ¥9 trillion range, with month-end rebalancing also having an impact. Technically, the index had fallen below its 75-day moving average again, highlighting the pressure on the upside.
Advantest was the top contributor to the decline, lowering the Nikkei Average by approximately ¥381, followed by TDK, which lowered it by approximately ¥17. Murata Manufacturing, Lasertec and Daiichi Sankyo were among the next largest contributors. On the upside, Fast Retailing was the top contributor, lifting the index by approximately ¥95, followed by Kioxia Holdings and Recruit Holdings.