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Asia Open
Nikkei’s 3.65% slide tightens the race at the top, but Furukawa Electric still leads
2026-06-23 · 2 min
The Nikkei 225 fell 3.65% on 6/23, yet Furukawa Electric remained first out of 225 names. The surprise is not the drop itself, but that the leadership stack stayed clustered around the same domestic industrial and materials names. With the July 1 rebalance eight days away, can that ranking survive another weak session?
Key Points
- The Nikkei 225 fell 3.65% on 6/23, but Furukawa Electric still ranked first out of 225 names.
- Mitsui Mining & Smelting and Resonac stayed close behind, keeping the top of the board locally grounded.
- Oil and Middle East risk remain in the background, while the yen is not adding a fresh driver today.
- July 1 is eight days away, leaving the rebalance as the next clean test for the current order.
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