The Nikkei average remained soft at the afternoon opening on the 5th, weighed down by declines in AI-related stocks. The afternoon opening price was ¥61,862.89, below the previous day's level.
At the afternoon opening, the Nikkei average started sharply below the previous day's level, and declines in AI-related stocks weighed on the market. Morning trading was subdued, and the market overall remained soft.
At the morning close, the Nikkei average continued to decline, down ¥275.12 from the previous day at ¥61,913.51. The TOPIX, meanwhile, rebounded, rising approximately 59.91 points to 3955.29, with buying seen in stocks outside the AI-related sector. Trading volume was 1.82305 billion shares, and trading value was ¥5.708 trillion.
At 10:01 a.m., the Nikkei average temporarily extended its gain to nearly ¥500, but ultimately struggled to advance. Against the backdrop of developments following the US midterm elections, trends in AI and data center-related stocks weighed on the market, and semiconductor-related stocks were sold. Automobile stocks, meanwhile, showed relative firmness, and the TOPIX rose, supported by Toyota Motor's performance.