In the morning session on the 22nd, the Tokyo stock market fell sharply, with AI-related stocks weighing on the Nikkei Average. The morning close was ¥63,917.43 for the Nikkei Average and 4,032.22 for the TOPIX, as selling prevailed amid lingering concerns over credit risk.
The Nikkei Average fell ¥703.81 from the previous day to ¥63,917.43 at the morning close. The TOPIX fell 11.51 points to 4,032.22, with declines in AI-related stocks pushing the market lower.
Of all stocks, 46% declined and 50% advanced. Trading volume reached 891.74 million shares, while trading value totaled ¥3.1191 trillion. By sector, nonferrous metals, glass and ceramics products, and banking declined, while insurance, services and air transportation advanced.
At 10:08 a.m., the Nikkei Average briefly returned to positive territory, but ultimately remained weak. The view that AI-related stocks were weighing on the Nikkei Average was reiterated, and caution spread over the outlook for upcoming earnings reports from U.S. hyperscalers. The market opened near the previous day's close, with the Nikkei Average starting the morning session at ¥64,539.36.