If it’s hard to go out on an assignment
Nikkei Stock Average falls sharply for the fourth day in a row.
Concerns about the economic impact of the spread of new coronavirus variants in major European regions,
as well as the weaker U.S. stock market on the 23rd and the decline in NY crude futures, weighed on selling.
There were moments of pullback, but buying did not continue, and the market softened again.
Right before the morning session, it fell to 28,438 yen (down 556 yen from the previous day).
Concerns over the spread of coronavirus variants in Europe were strong, and tensions between the U.S., Europe and China were also a concern, making it hard to start buying.
The Mothers Index slid steadily, hitting a low near the close.
Nikkei Stock Average 28,465.86 -530.06 -1.83% (before the close, four days in a row)
25-day moving average deviation rate -3.56%
Dow Average CFD 32,387 -36 -0.12%
WTI crude oil near month contract 57.72 -5.14%
Shanghai Composite Index 3,383.16 -28.15 -0.82%
Hong Kong Hang Seng Index 28,001.50 -492.88 -1.73%
SQ value: 29,282.41 yen (March 12), 26,713.47 yen (December Major SQ)
TOPIX 1,927.92 -43.56 -2.21% (three days in a row)
Foreign exchange: 1 USD = 108.510 JPY, 1 EUR = 128.535 JPY
TSE Mothers 1,165.12 -37.49 -3.12% (four days in a row)
Nikkei Jasdaq Average 3,883.15 -49.68 -1.26% (two days in a row)
TSE Second Section Index 7,416.49 -125.11 -1.66% (two days in a row)
TSE First Section trading volume was 831.64 million shares, with a trading value of 1 trillion 605.8 billion yen.
TSE First Section advancing issues: 114 (5%), decliners: 2,049 (93%), unchanged: 28 (1%).
In the sector rankings, all sectors were down.
Top decliners include: Airlines, Shipping, Mining, Iron & Steel, Banks, Securities/Futures, Oil & Coal Products, Nonferrous Metals, …
Top gainers in the TSE First Section include Nikon (7731) [current 1,097 yen +72], Risho Kagaku (6413) [current 1,491 yen +89]
Laser Tech (6920) [current 13,710 yen +720], Tokyo Electron (8035) [current 44,090 yen +1,970]
Top decliners include WAKAMOTO Pharmaceutical (4512) [current 504 yen -100], Sento Care HD (2374) [current 1,260 yen -213]
Hub (3030) [current 775 yen -124], Carrier Link (6070) [current 2,162 yen -318]
× ![]()