The Nikkei Stock Average ended the afternoon session on the 9th at ¥65,142.78, down ¥126 from the previous day, while TOPIX also fell 3.69 points for a second straight session. Semiconductor stocks were notably weak in the afternoon, leaving the market directionless and subdued.
The Nikkei Stock Average ended the afternoon session on the 9th at ¥65,142.78, down ¥126.55 from the previous day, while TOPIX fell 3.69 points to 4,046.64. Gains in semiconductor-related stocks supported the market in the morning session, but upward momentum weakened in the afternoon and the market turned lower.
Trading volume on the TSE Prime Market totaled 2.3029 billion shares, with trading value of ¥9.2303 trillion. There were 601 advancing issues, compared with 920 declining issues and 33 unchanged issues. By sector, 17 sectors fell and 16 rose.
Notable decliners included securities and commodity futures stocks such as Daiwa Securities Group and Nomura, retail stocks such as Aeon and Fast Retailing, insurance stocks such as MS&AD and Tokio Marine, and pharmaceutical stocks such as Takeda Pharmaceutical and Daiichi Sankyo. Bank stocks were also weak. Gainers included nonferrous metals, oil and coal products, and mining stocks.