The Nikkei average was down ¥2,343, with the figure as of 1:50 p.m. The prospect of tighter AI regulation following the US midterm elections was viewed as a concern, while some dip-buying was also seen around ¥60,000.
The Nikkei average was down ¥2,343, with Advantest, Tokyo Electron and SoftBank Group among the top contributors to the decline, while Fast Retailing, Yamato Holdings and Nitto Denko were among the positive contributors. By sector, nonferrous metals, oil and coal products, mining, electric appliances, and glass and ceramics products declined, while air transportation, real estate, land transportation and retail rose.
The Nikkei average has been holding relatively firm around ¥60,000, while the prospect of advancing AI regulation following the US midterm election results is a source of concern. However, dip-buying has also been seen, with the index approaching ¥60,000.