In Tokyo trading on the 5th, the Yomiuri Stock Average closed at ¥52,128.81, up ¥1,040.35 from the previous day, for its first rise in 4 sessions. The Nikkei Average, meanwhile, closed at ¥60,077.90, down ¥1,110.73, with declines in AI-related stocks believed to be the main cause of the broader market’s drop.
Yomiuri 333 closed at ¥52,128.81, marking its first rise in 4 sessions. Of its constituents, 251 issues, or more than 70%, rose.
The Nikkei Average closed at ¥60,077.90, down ¥1,110.73 from the previous day, marking its fourth consecutive decline. Declines in AI-related stocks, which had a significant impact on the Nikkei Average, contributed to the index’s fall.
Among the Yomiuri 333’s rising constituents, the largest percentage gains were recorded by Toyota Motor (+16.68%), Daicel (+11.93%) and Yokohama Rubber (+11.61%). The largest percentage declines were recorded by Furukawa Electric (-17.06%), Murata Manufacturing (-16.58%) and Ibiden (-16.31%), in that order.
Market movements that day were affected by stock-specific developments ahead of the US midterm elections and trading in AI-related shares, while future policy and regulatory developments became the market’s focus.