The Nikkei Average fell ¥331 in afternoon trading, leaving the market sluggish late in the session. Market attention remains focused on upcoming US data releases.
The Nikkei Average was down ¥331 as of 2:50 p.m. The largest negative contributors were TDK, SoftBank Group and Advantest, while Fast Retailing, Chugai Pharmaceutical and Mercari were the main positive contributors.
By sector, banking, non-ferrous metals, marine transportation, electric appliances and machinery posted the largest declines, while real estate, retail, fisheries and agriculture, insurance and foods remained firm.
The preliminary US October PMI and final US consumer sentiment index are scheduled for release, while American Express is also due to report earnings.