In Tokyo trading on the 5th, the Nikkei Average fell for the 4th consecutive trading session, closing at ¥61,077.90, down ¥1,110.73 from the previous day. Expectations surrounding the US midterm election results and moves in AI-related stocks weighed on the market.
In Tokyo trading on the 5th, the Nikkei Stock Average (225) closed at ¥61,077.90, down ¥1,110.73 from the previous day, marking its 4th consecutive decline. It reached a low not seen for approximately 5 and a half months.
Expectations spread that the Democratic Party had won majorities in both chambers of Congress in the US midterm elections, for which voting took place on the 3rd. Stocks related to AI development and data centers were sold. Advantest, a semiconductor testing equipment maker, was cited as the stock that pushed the Nikkei Average down by more than ¥1,000.
Meanwhile, more than 70% of TSE Prime-listed stocks rose. The Tokyo Stock Price Index (TOPIX) gained 45.01 points to 3,940.39.