The Nikkei Average rose ¥130.19 from the previous day to ¥64,455.83 in the morning session on the 3rd, rebounding for the first time in 4 sessions, but it briefly turned lower in the afternoon session and lacked a clear direction.
The Nikkei Average rose ¥130.19 from the previous day to ¥64,455.83 in the morning session on the 3rd, rebounding for the first time in 4 sessions. It reached a high of ¥64,724.81, and although buying led the market at times, the index was pressured by selling on rebounds and briefly turned lower.
Trading volume on the Tokyo Stock Exchange Prime Market was 945.73 million shares, while trading value was ¥3.4424 trillion. There were 1,030 advancers, 458 decliners and 66 unchanged issues.
By sector, 23 of the 33 sectors rose. Oil and coal products and wholesale stocks posted notable gains, while mining and nonferrous metal stocks declined. Advancing issues included Idemitsu Kosan, ENEOS, Mitsui & Co. and Mitsubishi Corp., while bank stocks and electric power and gas stocks also held firm.
Across the market, trading continued to lack a clear direction amid concerns over rising long-term interest rates, while the yen traded at around ¥158 to the dollar.