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Tokyo stocks fall at open on concerns over rising crude oil prices

Thu Apr 30, 2026 9:07 am JST Market

The Tokyo stock market opened with selling pressure on the 30th, as the Nikkei Stock Average fell 432 yen from the previous trading day to 59,484 yen at the opening, continuing its decline.

U.S. stock markets were mixed the previous day. The closely watched Federal Open Market Committee (FOMC) decided to keep policy rates unchanged as expected by the market. Reports emerged that U.S. President Trump intends to reject Iran's proposal to end the conflict, and concerns over the outlook for the Middle East situation remain strong. WTI crude oil futures rose to the $109 per barrel level during extended trading hours, reaching levels not seen in approximately three weeks. Under these circumstances, the Tokyo market following the holiday will continue to focus on semiconductor-related stocks, which have been leading the market. Tokyo Electron Limited <8035> and Lasertec corporation <6920> are scheduled to announce their earnings results today.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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