5/8 Sector / Individual stock trends: The Nikkei average rebounded and narrowed its decline by the close
5/8Sector and individual stock movements
5Month8日's Nikkei Stock Average closed down by120.19円 (0.19%) at62,713.65円.11時22分, compared with the previous day695.89円 (1.11%) down, to62,137.95円, but later recovered and narrowed the decline toward the close.
On the previous day the 7th, the Nikkei Stock Average rose by3,320.72円 (5.58%) to reach a high of62,833.84円, surpassing the previous high on April 4. The rise set a record for the largest gain. On the 8th, after this sharp rise, a pullback occurred. In the U.S. stock market on the 7th, as expectations that the conflict between the U.S. and Iran would end faded, major indices including the Dow Jones dropped. The Philadelphia Semiconductor Index (SOX) fell sharply by2.71%
Note that the 8th was the day for the stock index options and mini-Nikkei futures May contracts SQ calculations. The SQ value was62,628.64円.
Regarding the Nikkei Stock Average, SoftBank Group (9984) fell by235.73円, Fast Retailing (9983) fell by61.14円, Ibiden (4062) fell by57.66円, Shin-Etsu Chemical (4063) fell by38.72円, which weighed on the Nikkei Average. For the Nikkei 225 overall, the number of rising stocks was99, unchanged stocks0, and falling stocks126. Among the 33 sectors of the TSE, metals, services, other products, and electrical equipment rose.