The Nikkei 225 started the afternoon session at ¥65,477.41, down ¥823.03 from the previous day, while Nitto Boseki and Taiyo Yuden fell sharply. Although losses were narrowing from the morning close, buying also led at times.
At the start of the afternoon session, the Nikkei 225 stood at ¥65,477.41, down ¥823.03 from the previous day, with losses slightly narrower than at the morning close of ¥65,266.67. Nikkei 225 futures traded within a ¥65,280–¥65,750 range during the lunch break, while Dow futures were firm in after-hours trading.
USD/JPY traded at around ¥157.60–¥157.70 per dollar. In Asian markets, the Shanghai Composite lacked direction, while the Hang Seng Index remained soft. Buying slightly led the Tokyo market compared with the morning close, although selling on rallies was expected to remain prevalent as a reaction to the sharp gains through the previous day.
By sector and stock, nonferrous metals, electrical equipment, and glass and ceramics products were among the leading decliners, while gains were limited. Nitto Boseki and Taiyo Yuden were among the declining stocks. Among the most actively traded stocks, Nitto Boseki, Taiyo Yuden, Furukawa Electric, Fujikura, Kioxia Holdings, and Sumitomo Electric declined, while OMRON, Kao, Mercari, Sumitomo Metal Mining, Yamaha Motor, Japan Tobacco, Fast Retailing, Sony Group, Sumitomo Mitsui Financial Group, and Toyota were relatively higher.