The Nikkei fell for the first time in 3 sessions on the 2nd, closing at ¥68,309. Having posted four-digit gains for 3 consecutive weeks, the focus is on whether the upward trend will continue next week against a backdrop of improving market conditions.
According to the daily report, the Nikkei fell for the first time in 3 sessions on the 2nd, as the market reacted to the sharp rise from the previous day's close seen before the opening. It closed ¥647 lower at ¥68,309, and trading remained directionless after the open. The Nikkei has now posted four-digit gains for 3 consecutive weeks.
Trading value on the TSE Prime Market was approximately ¥8.29 trillion. AI-related stocks showed strength, with Advantest setting a new all-time high, among other developments. Meanwhile, SoftBank Group and Tokyo Electron fell sharply. The Nikkei touched an intraday low of ¥68,132, but avoided a decline of around ¥6,500.
Looking ahead to next week, the Nikkei is expected to remain firm. The improvement in AI-related stocks may continue, while earnings announcements from retailers such as Fast Retailing are expected to spur active interest in individual stocks. Attention will also be required regarding long-term interest-rate trends in Japan and the United States.