The Nikkei Average fell for the first time in six sessions on the Tokyo market, closing at ¥67,460. The morning session opened at ¥68,847, and selling intensified into the afternoon amid concerns over the situation in the Middle East and higher interest rates.
On the Tokyo market, the Nikkei Average opened ¥372 lower at ¥68,847. Weakness in U.S. stocks and selling in semiconductor shares weighed on the market, and the Nikkei extended its losses in the afternoon, falling as low as ¥67,368. It ultimately fell ¥1,759 to ¥67,460, declining for the first time in six sessions. TOPIX fell for a second consecutive session, down 43 points at 4,140, while the TSE Growth Market 250 Index also fell for the first time in three sessions.
Among individual stocks, Fast Retailing fell 2.4% to ¥75,010, declining for a sixth consecutive session, while Takeda Pharmaceutical rose 3.4% to ¥5,702. Pan Pacific International Holdings rebounded, rising 0.7% to ¥915.5, while Sumitomo Forestry faced selling after its target price was lowered. ハイパー rose sharply, extending its gains after announcing the resumption of shareholder benefits, and climbed to ¥321.
Among domestic and overseas factors, Pan Pacific International Holdings and U.S. corporate earnings due tonight were cited as potential market-moving factors. Going forward, developments in the situation in the Middle East and interest-rate trends are expected to remain in focus.