The Nikkei 225 started at ¥62,973.16, down ¥108.70 at the open. Kyocera and INPEX were among the decliners, and selling prevailed in the Tokyo market. Meanwhile, Allganize Holdings listed on the TSE Growth Market, with an opening price of ¥1,351, 7.2% above the offer price.
The Nikkei 225 opened down ¥108.70 at ¥62,973.16. TOPIX stood at 3,936.72, up 6.44 points. Influenced by the previous day’s US equity market performance, crude oil trends and foreign exchange movements, selling prevailed in the Tokyo stock market.
By sector, oil and coal products, mining, nonferrous metals and steel were among the leading decliners, while air transport, electric power and gas, and insurance were among the leading gainers.
Allganize Holdings listed on the TSE Growth Market, with an opening price of ¥1,351, 7.2% above the offer price.
At the open, a lack of buying catalysts left individual stock movements in focus.