The Nikkei average fell further in mid-morning trading on the Tokyo Stock Exchange, with AI-related stocks weighing on the market. The Nikkei fell more than 1,800 yen at one point and briefly dipped below 63,000 yen.
The Nikkei Stock Average fell sharply in mid-morning trading in Tokyo, recording a decline of more than 1,800 yen at one point. It also briefly fell below 63,000 yen, with the broader downtrend continuing.
The performance of AI-related stocks was cited as a factor weighing on the market, with reports suggesting that moves in individual stocks were pushing down the market as a whole.
Advantest, Tokyo Electron and SoftBank Group were among the major stocks cited, and these stocks were reported to be weighing on the market.
The situation was reported in mid-morning trading on the 30th, and further updates are awaited.