There is also a view that the Nikkei Average fell slightly in the morning, and the appreciation of the yen weighed heavily on reports that the Prime Minister would not run

8/14/2024 12:41 PM GMT+9 (some excerpts)

The Nikkei Average fell slightly to 36,155 yen 26 yen in the Tokyo stock market in the morning, 77 yen 25 yen less than the previous business day. In the morning, the trend of US stock appreciation took over and continued to grow, but after that, the exchange rate rapidly depreciated the dollar/yen appreciated, and the Nikkei Average sank into a negative zone. In the market, there were many views that reports that Prime Minister Fumio Kishida had solidified his intention not to run for the Liberal Democratic Party presidential election in September were viewed as material.
The Nikkei Average started with a continuous increase of 303 yen, and soon hit a high of 36,683 yen 89 yen, which rose 451 yen. When it was reported in the middle of the front that Prime Minister Kishida had solidified his intention not to run for the Liberal Democratic Party presidential election in September, the depreciation of the dollar/appreciation of the yen accelerated. Japanese stocks remained steady even after the report was reported, but after that, they weakened mainly in major stocks, and the Nikkei Average fell into a negative zone.