The Nikkei 225 extended its decline modestly. Selling led at the open, but losses narrowed in the afternoon and it closed slightly lower than the previous day.
Following declines in U.S. stocks the previous day, the Nikkei 225 opened down ¥393.61 in Tokyo on the 9th. Selling initially focused on some semiconductor-related and high-priced stocks, but dip-buying narrowed the decline in the afternoon. The index closed at ¥69,030.92, down ¥11.19 from the previous day.
Trading volume on the TSE Prime Market was 2.29519 billion shares and trading value was ¥7.8454 trillion. By industry, shipping, other products and services rose, while banking, nonferrous metals and retail declined.
Among individual stocks, Advantest, Tokyo Electron, Recruit Holdings, Konami Group and Lasertec were among the advancers, while Fast Retailing, SoftBank Group, TDK, Kioxia Holdings and Murata Manufacturing were among the decliners.
Across the market, advancers outnumbered decliners on the TSE Prime Market, although there were periods when the proportion of declining stocks increased.
(Market overview) Summary based on information from a Japanese stock market overview article distributed by Fisco.