The Nikkei average opened with a small rebound, influenced by the positive performance of the Dow in the US. It may turn negative later.

September 17, 2024, 9:55 AM GMT+9

In the opening of the Tokyo stock market, the Nikkei average started with a slight rebound of 20.17 yen higher at 36,601.93 yen compared to the previous trading day. The market reacted positively due to the increase in the Dow Jones Industrial Average during the domestic holidays.
However, it later turned negative and extended the decline to over 200 yen below. There is continued caution due to the strengthening of the yen. The USD/JPY fell to around 139 yen in about a year and two months, the lowest level during the holidays. It is currently trading around 140 yen.
Major stocks such as Toyota Motor and Sony Group are weak. Semiconductor-related stocks like Tokyo Electron are generally weak. Fast Retailing, which has a high contribution to the index, is slightly higher, while SoftBank Group is weak.