The Nikkei Average extended its decline in the afternoon session of the Tokyo market on the 22nd, falling to around the ¥63,200 level, approximately ¥1,400 below the previous day. Selling in AI and semiconductor-related stocks and declines in Asian equities are weighing on investor sentiment.
The Nikkei Stock Average extended its decline around the middle of the afternoon session in the Tokyo stock market on the 22nd, at one point falling to the ¥63,200 level, approximately ¥1,400 below the previous day.
Selling in AI and semiconductor-related stocks such as Advantest and Tokyo Electron continued, while stock indexes across Asia, including Taiwan and South Korea, were also broadly lower, weighing on Japanese equities.
Services on some websites, including MUFG Bank, were temporarily suspended following a global PHP vulnerability issue. Risk aversion strengthened in the market, and some said that funds were shifting partly from equities to bonds.
As of 2 p.m., trading value on the TSE Prime Market was provisionally ¥4.5283 trillion, while trading volume was 1.31404 billion shares. SoftBank Group, Ibiden and TDK declined, while Recruit, Trend Micro, Terumo and Nomura Research Institute rose.