Key Facts
• On July 18, the Nikkei 225 closed at 39,819.11, down 82.08 points.
• The index briefly surpassed 40,000 in early trading, peaking at 40,087.59.
• Defensive sectors like information & communication and food stocks saw increased activity.
• Semiconductor stocks fell after Disco’s earnings forecast missed expectations.
• The TOPIX index dropped 0.19% to 2,834.48, while the Prime Market Index fell 0.19% to 1,458.78.
• Trading volume on the Tokyo Stock Exchange Prime Market reached 14.85 billion shares, with a turnover of ¥4.0045 trillion.
• 33% of stocks rose, 63% fell, and 2% remained unchanged in the Prime Market.
• SoftBank Group hit a year-to-date high, while Tokyo Steel Manufacturing weakened post-earnings.
• Newly listed Minoya’s stock opened 64.3% above its IPO price but closed slightly lower.
• The Growth 250 Index dropped 1.29% to 738.11 points, reflecting broader market declines.
Summary
The Nikkei 225 index ended slightly lower on July 18, closing at 39,819.11, down 82.08 points. Early gains driven by U.S. market optimism pushed the index above 40,000, but pre-election and holiday-related position adjustments led to selling pressure. Defensive sectors like information and communication performed well, while semiconductor stocks declined due to disappointing earnings forecasts from Disco. The TOPIX index also fell 0.19% to 2,834.48. Trading volume on the Tokyo Stock Exchange Prime Market reached ¥4.0045 trillion. Notable performers included SoftBank Group, which hit a year-to-date high, and Minoya, whose IPO price surged before closing slightly lower. Broader market indices, including the Growth 250 Index, reflected declines, with 63% of Prime Market stocks ending lower.
