The Nikkei 225 fell for a third straight day, edging lower to close at ¥69,030.92. Selling prevailed in the morning session on concerns about lower US stocks and higher crude oil prices, but AI and semiconductor-related stocks were bought back in the afternoon, at times pushing the index into positive territory.
The Nikkei 225 in the Tokyo stock market ended at ¥69,030.92, down 0.02% from the previous day. In the morning session, it at times fell more than ¥888 on the impact of lower US stocks. The lowest level was reported as ¥68,648.50, rather than ¥68,648.50, around the time before or after the open.
In the afternoon session, buying returned, led by AI and semiconductor-related stocks, and the Nikkei 225 at times turned positive. Some said Rohto's upward revision improved market confidence in buying.
Factors cited behind the share-price movements included a report by the UK's Financial Times that it had revised down its projection for OpenAI's annualized sales, as well as declines in major index contributors such as SoftBank Group and Fast Retailing. The TSE Growth Market Index rose in the emerging market segment.
TOPIX closed up 0.33% at 4,104.81 points, while trading value on the TSE Prime Market was ¥7.845449 trillion. Across the market, 1,194 stocks rose, 331 fell and 27 were unchanged.