In the Tokyo stock market, the Nikkei Average fell further and widened its decline in line with the downtrend in Asian stocks. Weakness in AI-related and semiconductor stocks weighed on the market, with the index at one point falling by more than ¥1,000 from the previous day’s close.
As of 13:35, the Nikkei Stock Average was down approximately ¥1,025 from the previous day, at times falling below its morning-session low. With major Asian stock indexes declining, weakness in high-priced stocks weighed on the market, while market participants said that declines in AI and semiconductor stocks were accelerating the market-wide sell-off.
At the opening of the afternoon session, the Nikkei Stock Average began down approximately ¥325.74 from the previous day at ¥61,862.89, with the decline continuing. AI-related stocks continued to influence the market.
At the morning close, the Nikkei Average had fallen for a second straight session, ending down ¥275.12 from the previous day at ¥61,913.51. The TOPIX rebounded, rising 59.91 points to 3,955.29. Trading volume was 1.82305 billion shares, and trading value reached approximately ¥5.708 trillion.