In Tokyo trading on the 2nd, the Nikkei Average fell for the first time in 3 sessions, closing at ¥68,309.46, down ¥647.26. Declines spread mainly across AI-related and semiconductor-related stocks, with more than 80% of stocks on the TSE Prime Market falling.
In Tokyo trading on the 2nd, the Nikkei Average (225 stocks) fell ¥647.26, or 0.94%, from the previous day to ¥68,309.46, declining for the first time in 3 sessions. Selling spread across the broader market as a result.
Higher crude oil futures prices and rising US long-term yields weighed on the market, with declines particularly pronounced in AI-related and semiconductor-related stocks, which have a significant impact on the Nikkei Average. Selling prevailed across a broad range of stocks, also reflecting a reversal of the previous day’s sharp gains.
More than 80% of stocks on the TSE Prime Market fell.
The Tokyo Stock Price Index (TOPIX) fell 40.98 points to 4091.00, a decline of 0.99%.