In the Tokyo stock market on the afternoon of the 8th, gains in the Nikkei average narrowed, with profit-taking selling seen in semiconductor stocks during the morning session. The yen's continued appreciation was also a factor. The Nikkei began the afternoon session amid buying, while TOPIX remained in negative territory.
The Nikkei average narrowed its gain from the previous day toward the middle of the afternoon session. Although it began the afternoon session in positive territory, profit-taking selling appears to have emerged in some semiconductor-related stocks.
The morning close was ¥66,445.13, up slightly from the previous day. Movements in the semiconductor stocks that had supported the Nikkei created differing conditions in the morning and afternoon sessions. Meanwhile, the yen's continued appreciation and persistently high crude oil prices weighed on the market, leaving TOPIX in negative territory.