In Tokyo trading on the 19th, the Nikkei Average fell sharply by ¥2,134.31 from the previous day to ¥65,326.42. TOPIX also declined, while trading activity expanded, with trading value exceeding ¥10 trillion.
The Nikkei Average fell sharply on the 19th, closing at ¥65,326.42. The decline exceeded ¥2,000, marking the market's steepest fall in about three weeks, since 28 July. TOPIX also fell sharply to 4,012.31 points.
Selling dominated from the morning, and the Nikkei Average fell at 9:18 a.m. to ¥65,326.76, down ¥2,133.97 from the previous day. The market remained weak in the afternoon, hitting the day's low at 1:53 p.m. at ¥65,133.98, down ¥2,326.75.
Trading volume on the TSE Prime Market was 2.51136 billion shares, with trading value of ¥10.1151 trillion. There were 1,155 decliners, accounting for more than 70% of all listed stocks, while declining stocks accounted for nearly 70% of the total. By sector, 31 of the 33 sectors declined.
Among individual stocks, Furukawa Electric Co., Ltd., Kioxia Holdings Corporation, Enplas Corporation, Pan Pacific International Holdings Corporation and Ushio Inc. declined. Bengo4.com, Inc., LINK&M Inc., Matsuya Co., Ltd., Mercari, Inc. and FIG Inc. were among the gainers.
Many market participants attributed the sharp fall to the direct impact of the decline in U.S. markets, while the fall in KOSPI also contributed to risk aversion. In foreign exchange trading, the yen strengthened, trading in the ¥159-per-dollar range.