In the Tokyo market on the 27th, Advantest shares fell 3% on profit-taking after rising in the morning. The Nikkei Average remained slightly lower throughout the day.
In the Tokyo stock market on the 27th, the Nikkei Average ended down ¥130.18 from the previous day at ¥66,131.98. Despite a positive reception to Nvidia’s earnings, some AI- and semiconductor-related stocks were sold, weighing on the market.
Across the broader market, position-adjustment selling was prevalent amid expectations that investors would wait to assess the outcome of the Jackson Hole meeting, and downward pressure intensified toward the close. Some stocks reversed course after rising in the morning.
Among individual stocks, Advantest shares rose in the morning but fell 3% in the afternoon as investors took profits. The stock’s movement appeared to reflect the broader market’s downward pressure.
Continued caution over high valuations among AI- and semiconductor-related stocks remained a burden on the market, and trading in related shares may have influenced the Nikkei Average’s movement.