At the close on the 22nd, the number of rising stocks in the Nikkei average constituents was 22, with 203 declining stocks and 0 unchanged stocks.

The Nikkei average fell sharply. It closed the morning session at 38,399.47 yen (trading volume approximately 0.89 billion shares), down 555.13 yen (-1.43%) from the previous day.

The U.S. stock market on the 21st was mixed. The Dow Jones Industrial Average closed at 42,931.60, down 344.31 points, while the Nasdaq ended at 18,540.01, up 50.46 points. Concerns about rising long-term interest rates led to selling pressure, causing a decline after the opening. The Dow faced increased selling pressure due to worse-than-expected economic indicators for September, leading to a weak performance throughout the day. The Nasdaq, supported by the rise of semiconductor company Nvidia and mobile device maker Apple, managed to recover into positive territory despite fluctuations and closed mixed.

Due to the mixed performance of U.S. stocks, the Tokyo market had a lackluster start. After the opening, the Nikkei average traded thinly around the previous day's closing level. However, after 9:30 am, substantial selling pressure entered the futures market, causing the decline to widen. Concerns arose from reports in the media indicating the ruling party in Japan is facing challenges in the House of Representatives election, leading to a broad sell-off across various stocks. The Nikkei average was seen dropping to 38,200.82 during the session.

Among the stocks included in the Nikkei average, negative reports from some securities firms influenced declines in TOTO <5332>, as well as defense-related stocks such as Nippon Steel <5631>, Kawasaki Heavy Industries <7012>, Mitsubishi Heavy Industries <7011>, IHI <7013>. Other semiconductor stocks like Tokyo Electron <8035>, Renesas Electronics <6723>, Socionext <6526> also fell. Declines were noticeable in Ryohin Keikaku <7453>, M3 <2413>, and Mercari <4385>.

Meanwhile, the yen weakened and the dollar strengthened to around 150.80 yen to 1 dollar, leading to purchases in automobile stocks such as Mitsubishi Motors <7211>, Toyota Motor <7203>, SUBARU <7270>, and Isuzu Motors <7202>. Furthermore, marine transportation stocks like Mitsui O.S.K. Lines <9104>, Kawasaki Kisen Kaisha <9107>, and Nippon Yusen <9101> showed strength.

In terms of global sectors, machinery, construction, securities and commodity futures trading, real estate, and banks declined, while marine shipping was the only sector that rose.

The top contributor to the decline was Fast Retailing <9983>, which pushed the Nikkei average down by approximately 122 yen with just one stock. It was followed by Tokyo Electron <8035>, Advantest <6857>, SoftBank Group <9984>, daikin industries, ltd. unsponsored adr <6367>, Recruit Holdings <6098>, and Shin-Etsu Chemical <4063>.

On the other hand, the top contributor to the price increase was Toyota Motor <7203>, which pushed the Nikkei average up by about 2 yen with one stock. Epson <6724> ranked second, followed by Kikkoman <2801>, TDK <6762>, Aeon <8267>, Mitsui O.S.K. Lines <9104>, Kawasaki Kisen <9107>, and others.

*As of 11:30.

Nikkei Average Stock Price 38399.47 (-555.13)

Number of advancing stocks 22 (contribution +8.68)

Number of declining stocks 203 (contribution -563.81)

Number of unchanged stocks 0

○ Top advancing stocks

Code, Stock Name, Latest Price, Day Change, Contribution

Top decreasing stocks

Code, Stock Name, Latest Price, Day Change, Contribution