Nikkei average plummets in the morning, risk off in Ukraine nuclear fire | Reuters

On the Tokyo Stock Exchange, the Nikkei average fell sharply to 26,020.60 yen, down 556.67 yen from the previous business day, closing the morning trading. The photo is the stock price board of the Tokyo Stock Exchange. Taken in October 2018 in Tokyo (2022 Reuters / Issei Kato)

[Tokyo 4th Reuters]–The Nikkei average fell sharply to 26,020.60 yen, down 556.67 yen from the previous business day, and closed the morning trading on the Tokyo stock market. After the depreciation of U.S. stocks on the previous day started cheaply, there was a series of information suggesting a tense situation, such as a fire caused by an attack by the Russian army at a nuclear power plant in Ukraine, and risk aversion sales spread rapidly. rice field. The Nikkei average hit a new low (25,775.64 yen) since last year on February 24th.

A fire broke out at the Zaporozh’e nuclear power plant, which is the largest in Europe in southeastern Ukraine, on the early morning of the 4th due to an attack by Russian troops. “If it explodes, it will cause 10 times more damage than the Chernobyl nuclear power plant,” Ukraine’s Foreign Minister Kreva posted on Twitter, and the entire market leaned toward risk-off.

The Nikkei average fell by 155 yen, and even after approaching, the rate of decline widened, and there were scenes where it fell by 802.99 yen to 25,774.28 yen. After that, it was reluctant to lower, and the closing price of the previous session avoided the psychological milestone of 26,000 yen.

In the market, “There are still many unclear points, and it has stopped declining because it wants to identify the trend of fires and US stocks tonight. There is also a view that the fire in Europe will not affect US stocks, and there are movements to buy back. “(Domestic securities) was heard.

TOPIX closed the morning trading at 1851.93 points, down 1.59%. The trading value of the first section of the Tokyo Stock Exchange was 2,304,073 million yen. In the 33 industries of the Tokyo Stock Exchange, prices of 30 industries such as glass / earth and stone products, transportation equipment, non-ferrous metals, chemical industry, and electrical equipment have dropped. The prices of the three industries related to shipping, mining, and warehousing / transportation have increased.

Individually, shipping stocks are solid, with MOL rising 3.6%. Resource stocks such as Nittetsu Mining Co., Ltd. and K & O Energy Group were also bought.

In addition, radioactivity countermeasure-related stocks such as Giken Holdings, Toho Kinzoku, and Ise Chemicals have skyrocketed. Ishikawa Seisakusho, which manufactures defense equipment, is also the 5th largest in the price increase rate of the First Section of the Tokyo Stock Exchange with a price of over 3%. Due to the tightening situation in Ukraine such as the nuclear power plant fire, associative buying occurred.

Among the stocks with high index contribution of the Nikkei average, Tokyo Electron, Softbank Group, Fast Retailing, Advantest, TDK, etc. are all significantly cheaper. Komatsu and Hitachi Construction Machinery were bought.

The number of rises and falls in the first section of the Tokyo Stock Exchange was 456 stocks (20%), 1631 stocks (74%), and 91 stocks (4%).