SBG plunged, sending the Nikkei 225 briefly below ¥63,000. TOPIX, meanwhile, remained in positive territory, with market direction diverging among stocks with a high index contribution.
In morning trading, SBG plunged and the Nikkei 225 temporarily fell below ¥63,000. TOPIX, meanwhile, remained in positive territory, with contributors to both the market's decline and advance.
SBG and Advantest were cited as the main factors weighing on the Nikkei 225, with the two stocks together pushing the index down by nearly ¥1,000.
NEC, Recruit, Nomura Research Institute, Fujitsu and SHIFT were among the stocks cited as lifting the Nikkei 225, supporting the index.
Factors driving TOPIX higher included Recruit, Sony Group, Mitsubishi UFJ, Hitachi, ITOCHU and Tokio Marine, while several Prime Market stocks posted gains.