The Nikkei average is up 237 yen (as of 1:50 pm). In terms of Nikkei average contribution, First Retailing <9983>, Advantest <6857>, and Tokyo Electron <8035> are among the top positive contributors, while SoftBank Group <9984>, KDDI Corporation <9433>, and Shin-Etsu Chemical <4063> are among the top negative contributors. In the sector, banking, retail trade, insurance, nonferrous metals, and marine transportation are among the top gainers, while real estate, construction, rubber products, land transportation, and food are among the top losers.
The Nikkei average is trading firmly in the high range. The Dow Inc. futures are also moving steady in extended hours trading, providing a sense of security in the Tokyo market. On the other hand, amid concerns about geopolitical risks in the Middle East, and with Tokyo market going on a 3-day holiday starting from tomorrow, some investors are cautious about further upside potential.