Business · Markets · 1 hr ago
Tokyo stocks remain lower, but most Prime Market shares rise
Tokyo stocks were mixed on the afternoon of October 13, with the Nikkei near 67,500.
The index was about 1,500 points below its level on October 9, before a three-day holiday.
Falling share indexes in Taiwan and South Korea, which have large semiconductor sectors, weighed on investor confidence.
But more than 70% of Prime Market shares rose, suggesting the broader market was not falling across the board.
Toyota and Recruit gained, while semiconductor-related companies including Advantest, Tokyo Electron and Murata Manufacturing fell.
The trading update gives no indication of what happened after that afternoon snapshot.
Tokyo stocks remained lower in afternoon trading on Oct. 13, with the Nikkei average around 67,500.
The index was about 1,500 points below its level before the three-day weekend.
More than 70% of shares on the Tokyo Stock Exchange Prime Market were rising.
Falls in Taiwan and South Korea’s stock indexes weighed on investor sentiment.
Toyota and Recruit advanced, while semiconductor-related shares including Advantest and Tokyo Electron fell.
- Who
- Japanese stock investors and companies trading on the Tokyo Stock Exchange.
- What
- The Nikkei average remained lower, while more than 70% of Prime Market shares rose.
- When
- Oct. 13, during afternoon trading.
- Where
- Tokyo, Japan.
- Why
- Falls in Taiwan and South Korea’s stock indexes weighed on investor sentiment.
This story does not have two clearly opposing sides.
The Nikkei average’s comparison level was set before a three-day weekend.
The Nikkei average traded around 67,500, about 1,500 points below its Oct. 9 level.
Prime Market trading value was estimated at 4.4143 trillion yen, with trading volume of 1.21693 billion shares.
- Nikkei average
- Around 67,500
- Change from Oct. 9
- About 1,500 points lower
- Prime Market shares rising
- More than 70%
- Prime Market trading value at 12:45
- About 4.4143 trillion yen
- Prime Market trading volume at 12:45
- 1.21693 billion shares
What people are saying
the market as a whole is not collapsing
Sources
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