The Nikkei Average extended its decline at the morning close on 2 November, ending the morning session down ¥195 at ¥63,095.11. Advancing stocks including Tokyo Electron pushed the index higher, while Kioxia and others weighed on it. By sector, 9 sectors gained, while decliners predominated overall.
The Nikkei Average extended its decline at the morning close on 2 November, ending the morning session at ¥63,095.11, down ¥195.00 from the previous day. On the TSE Prime Market, the number of declining stocks was substantially higher than the number of advancing stocks, with approximately 328 stocks accounting for the net difference.
Negative contributions to the Nikkei Average totaled 126.72 points, with Kioxia the largest detractor. SoftBank Group, SCREEN Holdings, Recruit Holdings and Ibiden also made negative contributions.
On the other hand, Tokyo Electron was the largest positive contributor, adding 245.75 points to the Nikkei Average. Advantest, Lasertec, Fast Retailing and NGK also contributed.
By sector, 9 of the 33 sectors rose, led by glass and ceramics, electric power and gas, foods and retail. The leading decliners were warehousing and harbor transportation services, precision instruments, and nonferrous metals.