The Nikkei average is down 561 yen (as of 1:50 PM). In terms of the Nikkei average contribution, First Retail <9983>, East Elec <8035>, Advantest <6857> etc. are among the top negative contributors, while Kao <4452>, KDDI <9433>, Mitsubishi Corporation <9301> etc. are among the top positive contributors. In the sectors, insurance, pharmaceuticals, retail trade, marine transportation, and banking are among the top decliners, while warehousing & transportation, land transportation, textiles & apparels, rubber products, and construction are among the top gainers.
The Nikkei average is showing a soft movement. In the market, there is an atmosphere of wanting to assess the pace of interest rate cuts in the USA and the future of the US economy. There is a cautious awareness of the August US employment statistics to be released tomorrow on the 8th, and active buying seems to be put on hold.
