The Nikkei Stock Average on the Tokyo Stock Exchange on the 4th fell by more than 600 yen from the closing price on the 3rd, falling below 29,000 yen.
Many stocks have been ordered to sell due to the fear that long-term interest rates will rise in the United States and affect corporate performance.
Immediately after the start of the transaction, the Tokyo Stock Exchange on the 4th received sell orders for many stocks such as information and communications and semiconductor-related stocks.
In addition, as stock prices fell in major Asian markets such as Hong Kong, Shanghai, and South Korea, the rate of decline widened in the afternoon, and the Nikkei Stock Average temporarily fell by more than 800 yen.
After all, the closing price of the Nikkei Stock Average was 28,930.11 yen, which is 628.99 yen lower than the 3rd.
The Nikkei Stock Average has fallen below 29,000 yen at the closing price since it fell by more than 1,200 yen on the 26th of last month.
In addition, the Tokyo Stock Price Index = Topics fell 19.80 to 1884.74.
The daily trading volume was 1,285.61 million shares.
Market officials said, "There is a growing sense of caution that if interest rates continue to rise in the United States, it will have a negative impact on corporate performance. We are paying close attention to what the Fed Chairman Powell, who is a bank, will say about long-term interest rates. "