The Nikkei Average fell for a second straight session in the morning session, declining to 68869.43 yen, down 491.45 yen from the previous day. Advantest and SoftBank Group were the two stocks with the largest negative contributions, weighing on the index by approximately ¥546.
The Nikkei Average stood at 68869.43 yen as of the morning close on the 29th, with estimated trading volume of 1.11695 billion shares. The index fell after opening in response to declines in U.S. markets at the end of the previous week, but with rebalancing demand ahead of month-end and quarter-end also in focus, trading again lacked direction toward the end of the morning session.
Advantest was the largest negative contributor, with a contribution of -292.04, followed by SoftBank Group in second place at -254.23. The two stocks together weighed on the Nikkei Average by approximately ¥546. Kioxia Holdings was the biggest decliner, down 7.56%, followed by Fujikura, which fell 6.57%.
Meanwhile, Tokyo Electron was the largest positive contributor, followed by Fast Retailing in second place, with the two stocks together lifting the Nikkei Average by approximately ¥138. SHIFT posted the largest gain, followed by BayCurrent Consulting, with both stocks showing strong gains.
The article presents stock performance and contribution data as of 11:30, based on prices at that time. The Nikkei Average was trading at 68869.43 yen (-491.45). There were 124 advancing stocks, 99 declining stocks and 2 unchanged stocks.