As of 10 a.m., the Nikkei 225 was trading at ¥63,081.31, down ¥208.80 from the end of the previous week. KIOXIA was the largest contributor, weighing on the market, and declining stocks outnumbered advancing stocks overall.
As of 10 a.m., the Nikkei 225 was down ¥208.80 from the previous day at ¥63,081.31. On the TSE Prime Market, 550 stocks were advancing, 948 were declining and 46 were unchanged, with declining stocks continuing to outnumber advancing stocks.
The largest negative contribution to the Nikkei 225 was ¥124.59, with KIOXIA the top drag on the index. SBG, Ibiden, TDK and SCREEN followed, each making a negative contribution.
The top positive contributor was Tokyo Electron, which lifted the Nikkei 225 by ¥281.15. Advantest, Lasertec, NGK and Bandai Namco Holdings also made positive contributions.
By sector, 17 of the 33 sectors advanced, led by glass and ceramics, electric power and gas, foods, and pharmaceuticals. Warehousing and harbor transportation services, precision instruments, and nonferrous metals were among the leading decliners.