[Nikkei Stock Average and TOPIX (Table)]
Nikkei average; 38,589.27;-43.75 TOPIX; 2,730.49; +4.95 In the afternoon, the Nikkei average started to decline from the morning close (38,626.95 yen) and fell 43.75 yen to 38,589.27 yen. During lunchtime, the Nikkei 225 futures were weakly involved in the range of 38,530-38,600 yen. The dollar-yen was almost the same level as around 9:00 am at 1 dollar = 158.90-159.00 yen. The Asia market is led by the Shanghai Composite Index, which is mostly in negative territory, falling about 0.3%, while the Hang Seng Index in Hong Kong is weak in negative territory, falling by about 1.7% significantly.
In the afternoon, the Tokyo market started with some selling ahead of the morning close. It seems that there are some people who hold back aggressive buying because the Nikkei average in the morning was heavily weighed on the upper side. On the other hand, the fact that the Dow Jones futures are steadily moving in extended hours trading is reassuring to the Tokyo market.
Summary of the start of the afternoon session
In the sector, real estate, electric appliances, and metal products are among the top decliners, while marine transportation, land transportation, and insurance are among the top gainers.
In the top trading volume of the TSE prime market, TOWA<6315>, Ibiden<4062>, TDK<6762>, Hokkaido Electric Power<9509>, SoftBank G<9984>, Laser Tech<6920>, Taiyo Yuden<6976>, Hitachi<6501>, Renesas<6723>, and Advantest<6857> are falling. On the other hand, Cybozu<4776>, IHI<7013>, Shiseido Company, Limited Sponsored ADR<4911>, Kawasaki Kisen<9107>, Mitsui OSK Lines<9104>, Kawasaki Heavy Industries<7012>, OLC<4661>, Tokio Marine Holdings<8766>, NYK Line<9101>, and JFE<5411> are rising.
The afternoon Nikkei average started with some selling ahead of the morning close. As the Nikkei average in the morning was heavily weighed on the upper side, it seems that there are some people who hold back aggressive buying. On the other hand, the fact that the Dow Jones futures are steadily moving in extended hours trading is reassuring to the Tokyo market.
Please use your Futubull account to access the feature.