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Tokyo Stocks (Morning Session): Edge Lower, Supported by Hopes for Iran Ceasefire

Tue Mar 31, 2026 11:48 am JST Market

The Nikkei Stock Average closed the morning session on the 31st at \51,820.30, down \65.55 from the previous trading day, marking a slight continued decline. Trading volume on the Prime Market during the morning session was approximately 1.185 billion shares, with a trading value of approximately \3.6155 trillion. The number of advancing issues stood at 1,063, while declining issues totaled 475, with 37 stocks unchanged.

In the Tokyo stock market during the morning session, risk-averse sentiment was strong in early trading, forcing the Nikkei average to test significantly lower levels. However, the market later stemmed its decline and even turned positive at times. Amid concerns over the Middle East situation, technology stocks, particularly semiconductor-related sectors, were sold off in the previous day's U.S. market, and this trend carried over. During the morning trading session, reports emerged that U.S. President Trump showed a positive attitude toward halting military attacks on Iran, which led to a decline in crude oil prices and a rise in U.S. stock index futures, which the Tokyo market followed. However, upside momentum remained limited, and the market closed the morning session slightly in negative territory. TOPIX, meanwhile, ended the session higher.

Among individual stocks, Kioxia Holdings <285A>, which topped the trading value list again today, was weak, and Fujikura Ltd. <5803> also came under selling pressure. Semiconductor manufacturing equipment-related stocks such as Lasertec corporation <6920> and DISCO CORPORATION <6146> also sought lower levels. Mitsubishi Heavy Industries,Ltd. <7011> lacked momentum, and Mitsui Kinzoku Company, Limited <5706> was also lower. Trading company stocks including Mitsubishi Corporation <8058> declined. TAKI CHEMICAL CO.,LTD. <4025> fell sharply, and eREX Co.,Ltd. <9517> was also hit by profit-taking. On the other hand, Shin-Etsu Chemical Co., Ltd. <4063> was firm, and Tokio Marine Holdings, Inc. <8766> rose significantly. Megabanks including Sumitomo Mitsui Financial Group, Inc. <8316> were also solid. Rasa Industries,Ltd. <4022> surged, while Zojirushi Corporation <7965> posted substantial gains, and Appier Group, Inc. <4180> also jumped.

Source: MINKABU PRESS

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