“日经指数在去年年底海外投资者缺席期间反弹后出现回调。但目前指数在39,400点附近，处于中性水平，”立花证券研究部总经理Shigetoshi Kamada表示。FX168 Financial News (Asia-Pacific) reported that on the first trading day of 2025, the Japanese stock market fell by more than 1% as investors sold off stocks after the year-end rebound, although chip-related stocks saw some gains.
As of the market close on January 6 (Monday), the Nikkei/Yen fell by 1.47%, closing at 39,307.05 points, after opening 0.13% higher in the morning. The index rose 4.4% last December, marking the largest monthly increase since February of last year.
Among the 225 constituent stocks of the Nikkei/Yen, 49 stocks rose, 175 fell, and 1 remained unchanged. #Japan Market#
"The Nikkei/Yen has retracted following a rebound at the end of last year during the absence of overseas investors. However, the index is currently around 39,400 points, which is a neutral level," said Shigetoshi Kamada, the general manager of the research department at Tachibana Securities.
Kamada stated that the increased demand for stock investment by retail investors in Japan’s personal savings accounts (NISA) may limit the index's decline for a while. "Whether the index rises or falls in the future will depend on the movements of overseas stock markets."
In individual stocks, Uniqlo's parent company Fast Retailing fell by 4.22%, contributing the most to the index's decline. The human resources company Recruit Holdings dropped 3.32%.
Toyota Motor fell by 4.29%, dragging down the broader Tokyo Electron Ltd. Unsponsored ADR index by 1.02%, closing at 2,756.38 points. Despite the weaker yen supporting the company's outlook, investors are cautious about Toyota's significant rise in December.
Last month, Toyota rose by 23%, while the Tokyo Electron Ltd. Unsponsored ADR index increased by 3.9%.
Nippon Steel ended a five-day streak of gains, dropping 0.75% after U.S. President Biden blocked its proposed $14.9 billion acquisition plan for United States Steel.
Chip-related Stocks rose following Wall Street's strong performance last Friday, with Advantest up 1.13% and Tokyo Electron Ltd. Unsponsored ADR up 0.72%, providing the biggest support for the Nikkei/Yen.
