The Nikkei average fell ¥478 at the morning close and posted a third straight decline. Selling led across a broad range of stocks early in the session, followed by a rebound at times, but selling from investors waiting for semiconductor stocks to recover weighed on the market, limiting periods in which the Nikkei could hold its level.
At the morning close on the 26th, the Nikkei average stood at ¥62,214.66, down ¥478.50 from the previous weekend's close and lower for a third straight session.
Trading volume on the TSE Prime Market was 942.81 million shares and turnover was ¥3.2454 trillion. The number of advancing, declining and unchanged stocks was 900, 605 and 48, respectively.
By sector, 11 of the 33 sectors declined and 22 rose. Nonferrous metals and some electrical equipment stocks fell, while mining, wholesale trade, and oil and coal stocks rose.
In U.S. markets, the NY Dow retreated for the first time in four sessions, the Nasdaq Composite continued to decline and the SOX rebounded. In foreign exchange, the dollar was in the upper ¥156 range and the yen was slightly firmer. Provided by Wealth Advisor.