The truth behind the Nikkei Average’s ¥1,253 drop: 73% of stocks rose, yet 5 stocks dragged it down by ¥1,395 [Tokyo Electron, SoftBank Group, Kioxia] Paramount (YEl8jWJzWd)

The story

The Nikkei 225 fell ¥1,253, with the previous day's stock market movements causing a significant decline. The news reports that most of the market rose in terms of the overall market composition.

However, despite the presence of advancing stocks, 5 stocks generated a total of ¥1,395 in downward pressure, offsetting the gains.

At a glance

TimingNikkei 225 down ¥1,253

Ownership ratio73% of the market rose

Number of stocks5 stocks pushed it lower

ScaleAmount of downward pressure: ¥1,395

CompanyTokyo Electron, SoftBank Group, Kioxia

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