The Nikkei 225 fell back at the close. Fast Retailing and SoftBank Group were the top two negative contributors, together dragging the index down by approximately ¥329. The index closed at ¥66,016.36, down ¥200.43 from the previous day.
The Nikkei 225 ended trading on the 21st at ¥66,016.36, down ¥200.43 from the previous day. Trading volume on the TSE Prime Market exceeded approximately 2.2 billion shares, while trading value was approximately ¥7.9134 trillion. Against a backdrop of declines in US stocks, higher crude oil prices and rising long-term US Treasury yields, the market extended its losses before some stocks pared their declines after selling ran its course.
There were 135 advancers, 86 decliners and 4 unchanged stocks, indicating that the market did not fall across the board and showing some underlying firmness. Fast Retailing was the largest negative contributor, dragging the index down by approximately ¥222, followed by SoftBank Group, which dragged it down by approximately ¥106.
Advantest led the gainers, lifting the index by approximately ¥130, followed by Kioxia Holdings, Tokyo Electron and KDDI. While declines in major stocks were a significant factor behind the Nikkei 225's fall, buying in semiconductor-related stocks and movements in resource and marine transportation stocks also provided some support to the index.
With Nvidia's earnings due next week, investors may have adopted a wait-and-see stance as they assessed the outlook, potentially contributing to widespread restraint in buying.