The Nikkei Average fell sharply for a second straight session on the 23rd, with Advantest alone dragging it down by approximately ¥293. The morning session ended at ¥61,825.26, with estimated trading volume of 1.36307 billion shares.
As of the morning session close on the 23rd, the Nikkei Average had fallen sharply, ending trading at ¥61,825.26, down approximately ¥1,082.58 from the previous day. Among its constituent stocks, 79 rose, 145 fell and 1 was unchanged.
Advantest was the largest negative contributor, dragging the Nikkei Average down by approximately ¥293. It was followed lower by SoftBank Group, Tokyo Electron, TDK, Ibiden, Fujikura and Kioxia Holdings.
The Japanese market opened lower, following the trend from the morning session in response to moves in U.S. markets. Moves in long-term U.S. Treasury yields and AI-related stocks weighed on the market, with selling spreading mainly across semiconductor-related stocks.
The top advancers included Fast Retailing, Chugai Pharmaceutical, Kikkoman, Secom and Nitori Holdings, while the leading decliners included Advantest, SoftBank Group, Tokyo Electron, TDK, Ibiden, Fujikura and Kioxia Holdings.