The Nikkei Stock Average fell for a third straight session, with Tokyo Electron alone dragging the index down by approximately ¥128. It ended the morning session down more than ¥545 and was also affected by moves in the U.S. market.
On the 10th, the Nikkei Stock Average began trading at ¥64,597.46, down ¥545.32 from the previous day, and remained sharply lower at the close of the morning session. Estimated trading volume was approximately 951.5 million shares. Following the decline in U.S. equities the previous day, broad-based selling prevailed from the opening, although buying in financial stocks at times supported the downside.
Among individual stocks, Tokyo Electron was the top decliner by contribution, dragging the Nikkei down by approximately ¥128. Fast Retailing, Ibiden, Fujikura, SoftBank Group, Bandai Namco Holdings and FANUC also continued to fall. Advantest, Recruit Holdings, BayCurrent, Taiyo Yuden, Panasonic Holdings, Shin-Etsu Chemical and KDDI, meanwhile, rose.
By industry, securities and commodity futures, banks, and oil and coal products rose, while nonferrous metals, other products, and glass and ceramics products declined. There were 134 decliners, 90 advancers and 1 unchanged stock.
As of 11:30, the Nikkei remained at ¥64,597.46. Advantest and Recruit Holdings were among the leading positive contributors, while Tokyo Electron and Fast Retailing were among the leading negative contributors.