The Nikkei Stock Average extended its decline in Tokyo trading on Monday, falling below ¥63,000 by the morning. The underperformance of semiconductor major Kioxia Holdings Corporation's earnings forecast relative to market expectations was cited as a factor behind the decline.
The Nikkei Stock Average extended its decline in Tokyo trading on the morning of Monday the 2nd, falling more than ¥500 at one point and below ¥63,000. Selling prevailed among market participants following the previous day's market movement.
A key factor behind the decline appeared to be selling by investors after semiconductor major Kioxia Holdings Corporation issued an earnings forecast that fell short of market expectations. Kioxia's performance influenced the direction of the broader market.
The article provides limited information on other stocks, with no additional specific market movements or schedule details. Future developments will require monitoring trends at Kioxia and other related companies, including Kioxia's announcements.