On Monday, Tokyo stocks saw a significant decline in the opening moments, with the 225-issue Nikkei Stock Average dropping 647.28 points, or 1.64 percent, from Friday’s close to reach 38,876.27 within the first 15 minutes of trading.
As reported by Kyodo News, the broader Topix index also experienced a decrease, falling by 39.20 points, or 1.42 percent, to 2,720.44.
In the top-tier Prime Market, the decline was led by shares in securities firms, consumer credit companies, and transportation equipment, according to WAM.