[Nikkei Stock Average and TOPIX (Table)]
Nikkei average; 39,299.82;-367.25. Topix; 2,791.31;-11.64. In the afternoon, the Nikkei average started with a slightly smaller decline from the day before (39,299.82 yen, 367.25 yen lower than the previous day's close (39,286.52 yen)). During lunchtime, the Nikkei 225 futures were in a range of 39,270 yen to 39,330 yen. The dollar-yen rate has been about 10 yen higher since around 9:00 a.m. at 1 dollar = 160.40-50 yen. Asian stock markets have been sluggish with the Shanghai Composite Index falling about 0.8% in negative territory, while the Hang Seng Index in Hong Kong has fallen significantly, widening its decline by about 1.8% after falling at the start. In the afternoon, the Tokyo market started with a somewhat buy-oriented approach compared to the morning closing. Since the Nikkei average in the morning fell below 470 yen at one point, almost eliminating its gain from the previous day, it seems to be attracting buying on dips due to its solid downside development. On the other hand, it seems that the Tokyo market's stock prices are weighed down by the fact that domestic long-term interest rates are rising and Dow futures and the Hang Seng Index are falling. In terms of sectors, mining, rubber products, and foods have the highest decline rate, while pulp and paper, banking, and marine transportation have the highest uptrend rate. In the top trading volume on the Tokyo Stock Exchange Prime Market, Screen HD <7735>, Micronics <6871>, JT <2914>, Mitsui E&S <7003>, Inpex <1605>, TOWA <6315>, Daikin <6367>, Daiichi Sankyo <4568>, Canon <7751>, and Tohokushinsha <8035> have declined. On the other hand, Hitachi <6501>, NEC <6701>, Mitsubishi Heavy Industries <7011>, Sony Group <6758>, IHI <7013>, Mitsubishi UFJ <8306>, Mitsui Sumitomo <8316>, NYK <9101>, TEPCO HD <9501>, and Mizuho <8411> have risen.
Topix; 2,791.31;-11.64.
Summary of the start of the afternoon session
In the afternoon, the Nikkei average started with a slightly smaller decline from the day before (39,299.82 yen, 367.25 yen lower than the previous day's close (39,286.52 yen)). During lunchtime, the Nikkei 225 futures were in a range of 39,270 yen to 39,330 yen. The dollar-yen rate has been about 10 yen higher since around 9:00 a.m. at 1 dollar = 160.40-50 yen. Asian stock markets have been sluggish with the Shanghai Composite Index falling about 0.8% in negative territory, while the Hang Seng Index in Hong Kong has fallen significantly, widening its decline by about 1.8% after falling at the start.
In the afternoon, the Tokyo market started with a somewhat buy-oriented approach compared to the morning closing. Since the Nikkei average in the morning fell below 470 yen at one point, almost eliminating its gain from the previous day, it seems to be attracting buying on dips due to its solid downside development. On the other hand, it seems that the Tokyo market's stock prices are weighed down by the fact that domestic long-term interest rates are rising and Dow futures and the Hang Seng Index are falling.
In terms of sectors, mining, rubber products, and foods have the highest decline rate, while pulp and paper, banking, and marine transportation have the highest uptrend rate.
For the top trading volume on the Tokyo Stock Exchange Prime Market, Screen HD <7735>, Micronics <6871>, JT <2914>, Mitsui E&S <7003>, Inpex <1605>, TOWA <6315>, Daikin <6367>, Daiichi Sankyo <4568>, Canon <7751>, and Tohokushinsha <8035> have declined. On the other hand, Hitachi <6501>, NEC <6701>, Mitsubishi Heavy Industries <7011>, Sony Group <6758>, IHI <7013>, Mitsubishi UFJ <8306>, Mitsui Sumitomo <8316>, NYK <9101>, TEPCO HD <9501>, and Mizuho <8411> have risen.