The Nikkei Average fell sharply for the first time in 4 days, closing at ¥63,290.11. Selling intensified in AI and semiconductor-related stocks amid declines in U.S. technology shares, while domestic-demand stocks performed firmly.
The Nikkei Average closed at ¥63,290.11 in the Tokyo market, down ¥1,369.36 from the previous day. Trading volume was estimated at 2.49911 billion shares, with 807 stocks rising and 714 falling on the TSE Prime Market.
Following the trend in U.S. markets, the Nikkei Average fell sharply for the first time in 4 days as weakness in technology stocks spread. Amazon and Intel plunged in after-hours trading after their earnings fell short of market expectations, prompting intensified selling of AI and semiconductor-related stocks in Tokyo as well. The Bank of Japan's announcement that it would maintain its current monetary policy was in line with market expectations and had a limited impact. Domestic-demand stocks and others remained firm.
Among the separately highlighted stocks, some raised or lowered portions of their results and outlooks. Fast Retailing, Konami Group and Recruit were among the stocks making the largest positive contributions, while Advantest, Tokyo Electron, SoftBank Group and Ibiden were among those making the largest negative contributions. The positive and negative contributions to the Nikkei Average are each shown as amounts.
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