Nikkei 225 Drops 2.47% Despite 2.95x Advance-Decline Ratio; Otsuka Holdings Soars 8.72%
The Japanese stock market faced a significant decline today, with the Nikkei 225 index dropping 2.47%. Despite this downturn, the index has gained 3.0% over the past month. The advance-decline ratio indicates a strong preference for advancing stocks, with nearly three times as many stocks rising compared to those falling. Large-cap, mid-cap, and small-cap stocks all showed positive trends in terms of advancing stocks. Notable performers included Otsuka Holdings, which rose 8.72%, while Advantest Corp. fell 9.95%.
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