kabutan

Tokyo Stocks Pare Early Gains in Morning Session as Middle East Tensions Weigh

Tue Apr 7, 2026 11:44 am JST Market

The Nikkei Stock Average ended the morning session on the 7th at 53,323.41, down 90.27 yen from the previous close. Trading volume on the Prime Market reached approximately 845.7 million shares, with a turnover of roughly \2.812 trillion. Advancers totaled 825 issues, outnumbering 677 decliners, while 74 remained unchanged.

The Tokyo market opened with futures-led buying pushing the index briefly to the 53,900 yen level shortly after the bell. However, upside momentum faded, and the market slipped into negative territory during the latter half of the morning. Amid soft U.S. index futures, investors moved to trim positions and locked in gains as they waited to evaluate the outcome of U.S.-Iran ceasefire negotiations. With the 8:00 p.m. ET deadline set by President Trump looming (9:00 a.m. JST on the 8th), market participants largely refrained from making decisive directional bets.

In individual stocks, electric wire and cable names such as Furukawa Electric <5801> and Fujikura <5803> faced selling pressure, while DISCO <6146> and Mitsui Kinzoku <5706> also posted notable losses. SAKURA internet <3778> surrendered its early gains to trade lower. ARCHION <543A> plunged, and sharp declines were seen in V Technology <7717> and UNION TOOL <6278>, while Marumae <6264> struggled to find a floor. Conversely, ADVANTEST <6857> remained resilient, and defense-related heavyweights including Mitsubishi Heavy Industries <7011> and Kawasaki Heavy Industries <7012> showed strength. Speculative interest drove a surge in low-priced V-cube <3681>, while Intermestic <262A> and Sanrio <8136> also attracted buying interest.

*This article may contain unconfirmed information. Stock trading decisions should be made at your own risk and judgment.

Source: MINKABU PRESS

Related Articles