In the Tokyo market on the morning of the 4th, the first business day after a holiday, the Nikkei fell sharply for a second straight session. The morning close was ¥60,835.36, down ¥2,246.50 from the previous trading day. Selling in AI- and semiconductor-related stocks weighed on the market, and the Nikkei briefly fell below ¥61,000.
In the Tokyo market on the morning of the 4th, the first business day after a holiday, the Nikkei Stock Average fell sharply for a second straight session. It closed the morning at ¥60,835.36, down ¥2,246.50 from the previous trading day, and briefly fell below ¥61,000 during the session.
The Tokyo Stock Exchange Stock Price Index (TOPIX) stood at 3,832.27 at the morning close, down 98.01 points, extending the decline alongside the Nikkei. The JPX Prime 150, which tracks the Nikkei 225, also fell for a second straight session in the morning.
Among individual stocks, SoftBank Group, Kioxia and Kyocera fell, while Fast Retailing and Konami Group rose.
Reports surrounding the US midterm elections accelerated selling in AI- and semiconductor-related stocks, with some observers attributing this to the market decline. In US equity markets, AMD rose at times in after-hours trading, but overall selling in Japanese equities intensified.