Nikkei 225 Dips 1.12% as Decliners Outnumber Advancers 2,631 to 953; IHI Corp. Shines

6 hours ago
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The Japanese stock market faced a downturn today, with the Nikkei 225 index dropping 1.12%. Despite a 7.24% increase over the past month, short-term performance remains mixed, as large-cap stocks struggled with only 49 advancing against 127 declining. Mid-cap and small-cap stocks also exhibited weakness, with advance-decline ratios of 0.31 and 0.27, respectively. Notable performers included IHI Corp. and Mitsui Mining & Smelting Co., while Aisin Corp. and Sumitomo Pharma Co. faced significant losses. Overall, the market reflects a challenging environment with a predominance of declining stocks across all categories.
Nikkei 225 Dips 1.12% as Decliners Outnumber Advancers 2,631 to 953; IHI Corp. Shines
The Japanese stock market experienced a downturn today, with the Nikkei 225 index declining by 1.12%. Over the past five days, the index has seen a slight decrease of 0.2%, although it remains up by 7.24% over the last month, indicating a mixed performance in the short term.
In terms of market capitalization, large-cap stocks faced challenges, with only 49 advancing against 127 declining, resulting in an advance-decline ratio of 0.39. The standout performer in this category was IHI Corp., which posted a return of 5.18%, while Aisin Corp. struggled with a loss of 8.67%. Mid-cap stocks also showed weakness, with 63 advancing and 206 declining, leading to a ratio of 0.31. Mitsui Mining & Smelting Co., Ltd. emerged as the best performer in this segment, achieving a return of 5.44%. Conversely, Sumitomo Pharma Co., Ltd. faced significant losses, down 15.6%. Small-cap stocks had the most pronounced disparity, with 375 advancing and 1,365 declining, resulting in a ratio of 0.27. Eiken Chemical Co., Ltd. led this group with an impressive return of 19.8%, while Sumiseki Holdings, Inc. fell by 12.39%. Overall, the market reflects a challenging environment, with a notable number of declining stocks across all categories.

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