The Nikkei 225 started the afternoon session at ¥70,243.38, down ¥440.60 from the previous day. DISCO and NIDEC are being sold along with declines across sectors. The full report also covers BOJ-related movements, the futures range, foreign exchange trends and other market conditions.
The Nikkei 225 opened the afternoon session at ¥70,243.38, down ¥440.60 from the previous day. The decline has narrowed slightly from the morning close, while Nikkei 225 futures moved in a ¥70,250–¥70,480 range during the lunch break. USD/JPY traded around ¥158.30–¥158.40 per dollar, while the Shanghai Composite was closed and the Hang Seng Index was down about 0.5%.
By sector, banks, marine transportation, and iron and steel were among the top decliners, while rubber products, electric power and gas, and real estate showed firm performance. Among the stocks with the highest trading value, DISCO and NIDEC fell, as did KOKUSAI, Rakuten Group, Kioxia HD, Resona HD, Renesas, Tokyo Electron, SCREEN HD, and TDK.
Meanwhile, Taiyo Yuden, Micronics, Fujitsu, NEC, Mitsubishi Heavy Industries, Mitsui Kinzoku, SoftBank Group, Resonac, JT, and Lasertec rose. The Nikkei 225 also showed signs of profit-taking on gains made since 16 September, while some market participants expect dip-buying to emerge readily at lower levels.