The Nikkei Stock Average in the morning session on the 30th plunged 2,436.94 yen to 50,936.13, continuing its sharp decline from the previous trading day. Trading volume on the Prime Market in the morning session was approximately 1.266 billion shares, with trading value of approximately \3.4473 trillion. The number of advancing issues stood at 34, while declining issues totaled 1,490, with 5 unchanged.

The Tokyo stock market in the morning session was dominated by risk-off sentiment across major stocks, with the Nikkei Average suffering a sharp decline. As the Middle East situation intensified further, European and U.S. stock markets closed broadly lower on the previous Friday, with both the Dow Jones Industrial Average and Nasdaq Composite Index posting significant losses in the U.S. market, accelerating panic selling. Bargain hunting remained limited amid concerns about further declines, and buying was held back by persistent worries about stagflation stemming from surging crude oil prices.

Among individual stocks, Kioxia Holdings <285A> and SoftBank Group Corp. <9984> were sold off, while semiconductor manufacturing equipment-related stocks including ADVANTEST CORPORATION <6857> and DISCO CORPORATION <6146> fell across the board. Cable stocks such as Fujikura Ltd. <5803> and Furukawa Electric Co., Ltd. <5801> also declined. Among the top 50 stocks by trading value, JAPAN TOBACCO INC. <2914> was the only advancing issue, underscoring the broad-based selloff. Against this backdrop, however, eREX Co.,Ltd. <9517> and LIFEDRINK COMPANY, INC. <2585> surged, while RENOVA,Inc. <9519> and K&O Energy Group Inc. <1663> also posted gains.

Source: MINKABU PRESS