The Nikkei average opened on 29 September at ¥65,557.99, down ¥319.63 from the previous day. The market is trading weakly, affected by declines in US stocks and ex-dividend trading.
The Nikkei average opened sharply lower on 29 September from the previous day. It stood at ¥65,557.99 at the open, rather than at the closing price, down ¥319.63 from the previous day. The Tokyo market opened weakly after the Dow fell and the Nasdaq declined for the first time in 3 days in the US market on 28 September local time.
Trading in the Tokyo market is also being affected by movements in foreign exchange rates as of 9:00 a.m. One US dollar is trading in the lower ¥157 range and one euro in the upper ¥178 range.
Looking ahead, September ex-dividend trading and developments in US equities are expected to continue affecting market activity. The Osaka Exchange settlement value is slightly higher than the yen-denominated settlement value for Nikkei average futures.