Selling of AI-related and semiconductor stocks led the decline, with the Tokyo stock market falling across the board in morning trading. The Nikkei Average remained sharply lower, while TOPIX also declined.
(Morning close) The Nikkei Average ended the morning session down ¥1,742.18 from the previous day at ¥64,473.16, extending its sharp decline for a second consecutive session. Following the trend in U.S. markets, where AI and semiconductor stocks came under selling pressure amid factors including rising crude oil prices, related stocks were sold broadly. Selling extended across the Prime Market as long-term interest rates remained elevated, resulting in a broad-based decline. The Tokyo Stock Price Index (TOPIX) fell 91.58 points to 4,090.28.
(9:50 a.m.) The Nikkei Average has extended its decline, at one point falling more than ¥1,800 from the previous day. AI and semiconductor-related stocks are being sold, following the trend in U.S. markets, while selling is also prevailing across the Prime Market as long-term interest rates remain elevated, with approximately 90% of stocks declining.
(Opening) The Nikkei Average began trading sharply lower, down ¥1,019.91 from the previous day at ¥65,195.43, extending its decline for a second consecutive session. It followed the trend in U.S. markets, where AI and semiconductor-related stocks came under selling pressure amid factors including rising crude oil prices. (End.)