At the close of trading in Tokyo, the Nikkei Average stood at ¥67,777.52, down ¥1,253.40 from the previous day, and remained on a downward trend throughout the day.
At the close of trading in Tokyo, the Nikkei Average stood at ¥67,777.52, down ¥1,253.40 from the previous day. It remained on a downward trend during the day, at one point coming close to a decline of approximately ¥1,900.
The Nikkei Average's decline prompted broad-based selling, particularly in AI-related semiconductor stocks, with Kioxia down 14%. Selling also spread to other high-tech stocks.
SoftBank Group fell approximately 9%, while Yaskawa Electric rose 5% at one point, resulting in divergent share price movements amid expectations for upside in net profit for the current fiscal year. News was reported that NTT would open a data center for Anthropic.
Cybersecurity-related stocks attracted buying, and FFRI reached its highest level in 11 months.