The Nikkei Average is 129 yen higher as of 1:50 pm. In terms of Nikkei average contribution, First Retail <9983>, TDK <6762>, and Daiichi Sankyo <4568> are among the top contributors, while SoftBank G <9984>, Shinetsu Chemical <4063>, and Murata Manufacturing <6981> are among the top negative contributors. In terms of sector, banking, marine transportation, mining, securities futures, pulp and paper are among the top gainers, while air transportation, transportation equipment, services, chemicals, and precision instruments are among the top losers.
The Nikkei Average is in positive territory. In the afternoon, it was reported that the Bank of Japan had decided on additional rate hikes at its monetary policy meeting, but there is also a view that the additional rate hikes are already being priced in. After a period of volatility, the stock market is now feeling more secure after the event and the trend is towards buying.