Concerns over stagflation in the U.S. have led to a risk-averse shift.

The Nikkei average has significantly declined for three consecutive trading days. With a drop of 1,502.77 yen, it closed at 35,617.56 yen (Volume estimated at 2.3 billion 30 million shares), marking the first time it fell below 36,000 yen in closing prices since September 11 of last year, around six and a half months ago. The influence of the decline in the US market on the 28th strengthened risk aversion movements. Following this trend, a nearly broad-based decline occurred, leading the Nikkei average to fall below 36,000 yen soon after the market opened. After that, it continued to hover around 35,600 yen.

Fisco JapanMar 31 03:36 ET

The Nikkei average fell sharply by 1,502 yen for three consecutive days, with increased caution over the introduction of US mutual tariffs = 31st afternoon session.

On the 31st, the Nikkei Average fell sharply, dropping 1,502.77 yen to 35,617.56 yen, marking three consecutive days of decline. The TOPIX (Tokyo Stock Price Index) also plunged by 98.52 points to 2,658.73 points. Both indices experienced their largest drop of the year, with the Nikkei Average marking its biggest decline since September 30 of last year (1,910.01 yen down), and the TOPIX since September 4 of the same year (99.78 points down). At 1:25 PM, the Nikkei Average had fallen to 35,541.72 yen, down by 1,578.61 yen.

Kabushiki ShimbunMar 31 02:54 ET

Stocks that moved and those that were traded in the front market.

*Aida Engineering ＜6118＞ 878 +46 announced a review of its capital policy and the implementation of a Share Buyback. *Fuji Oil Group ＜2607＞ 3035 +110.5 Morgan Stanley MUFG Securities reports a visit to Blommer. *Topcon ＜7732＞ 3240 +110 aims to align the TOB price with the official announcement of MBO implementation. *Gree HD ＜3632＞ 606 +12 evaluation of the favorable start of a new Gaming title, etc. *Nitori

Fisco JapanMar 31 00:58 ET

The Nikkei average is down about 1,475 yen, with the largest negative contributors being Fast Retailing, Tokyo Electron, and Advantest.

On the 31st at 12:46 PM, the Nikkei Stock Average is fluctuating around 35,645 yen, which is approximately 1,475 yen lower compared to the previous weekend. Although trading started near the previous closing price, the weak movement from the morning session continued and slightly widened the decline. The foreign exchange market is around 148.90 yen per dollar, continuing the trend of yen appreciation since the morning. The contribution of the adopted stocks in the Nikkei Stock Average includes Fast Retailing <9983.T>, Tokyo Electron <8035.T>, and Advantest <6857.T> showing negative impacts.

Kabushiki ShimbunMar 30 23:50 ET

The Nikkei average is down by about 1,420 yen, with the decline rates of adopted stocks being led by Renesas, Socionext, Disco, ETC.

On the 31st, at around 11:05 AM, the Nikkei Average stock price was trading at nearly 35,700 yen, approximately 1,420 yen lower than the previous weekend. At 9:22 AM, it had dropped to 35,574.61 yen, 1,545.72 yen lower, marking the first time in about two weeks since the 11th that it fell below 36,000 yen during trading hours. Afterward, due to a short-term sense of overselling, the decline somewhat lessened. Among the listed stocks in the Nikkei Average, Renesas <6723.T> and Socionext <6526.T> ranked high in terms of decline rate.

Kabushiki ShimbunMar 30 22:08 ET

Trends for ADR on the 28th = Nidec Corporation Sponsored ADR, Advantest, Murata Manufacturing, etc. are trading lower in yen conversion values.

On the 28th, the ADRs (American Depositary Receipt) experienced a broad decline compared to the Tokyo closing price at the end of the previous week, when converted to yen. In yen terms, Nidec Corporation Sponsored ADR <6594.T>, Advantest <6857.T>, Murata Manufacturing <6981.T>, Kawasaki Heavy Industries <7012.T>, and SoftBank Group <9984.T> were down. Hitachi <6501.T>, Omron <6645.T>, Keyence <6861.T>, Asics <7936.T>, and Fast Retailing <9983.T> also showed weakness. Provided by We.

Kabushiki ShimbunMar 30 18:40 ET