Selling is expected to lead at the open in today's Tokyo stock market, with profit-taking selling expected to dominate following a rise of more than ¥3,400 in the Nikkei Average over the 2 trading days through the previous day.
In today's Tokyo stock market, the Nikkei Stock Average is expected to open with selling pressure. In the short term, the Nikkei Average has risen by more than ¥3,400 over the 2 trading days through the previous day. A corrective reaction is in focus, and downward pressure is expected at the open.
Market participants say profit-taking selling may dominate as a reaction to the sharp gains in the past. Attention is warranted regarding the Nikkei Average's direction, depending on the performance of individual stocks and external factors.