The Nikkei 225 fell approximately ¥1,600 against a backdrop of disappointment over US technology companies' earnings, while the South Korean stock market also plunged. The latest price movements during Tokyo trading hours are reported.
Disappointment over US technology companies' earnings spread through the Tokyo market, strengthening the tendency to take a more cautious view of the outlook for Japanese stocks. The Nikkei 225 recorded a sharp decline as uncertainty in overseas markets spread to Japan.
The Nikkei 225 stood at ¥63,039.45, down ¥1,620.02 from the previous day, a decline of 2.51%. The market's central benchmark reflected conditions accurately, and investors' risk-averse stance was pronounced.
The Korea Composite Stock Price Index stood at 5,651.23 points, down 286.43 from the previous day, a sharp decline of 4.82%. Moves in Asian equity markets, which are sensitive to reactions to US earnings, have become more pronounced.