The Nikkei average fell, with position adjustment before the consecutive holidays and the reaction of the dollar/yen from the previous day.

September 13, 2024, 3:41 PM GMT+9 (excerpt)

In the Tokyo stock market, the Nikkei average fell by 251.51 yen to close at 36,581.76 yen, down from the previous trading day. In addition to the reaction to the previous day's significant increase, the dollar/yen became unstable, leading to selling pressure. Next week, with the anticipation of financial policy events in Japan and the US after the 3-day consecutive holidays, there was also selling pressure for position adjustment.
The Nikkei average started slightly higher, up 49 yen from the previous trading day, but then fell into negative territory. After that, it remained in negative territory and reached a low of 36,441.34 yen, down 391 yen in the afternoon session. The exchange rate of the dollar/yen fluctuated between the 140 yen range and the 141 yen range during the trading hours, leading to a cautious market.