In Tokyo trading on the 5th, the Nikkei 225 fell sharply to ¥61,077.90, down ¥1,110.73 from the previous day, as concerns over U.S. AI regulations triggered a plunge in related stocks. By contrast, TOPIX edged higher on lower crude oil prices.
In Tokyo trading on the 5th, the Nikkei Stock Average fell ¥1,110.73 from the previous day to ¥61,077.90, reaching its lowest level in 5 and a half months. As concerns spread about tighter AI regulations following gains by the Democratic Party in the U.S. midterm elections, related stocks plunged. By contrast, lower crude oil prices were viewed favorably, prompting buying in stocks outside the AI-related sector and sending TOPIX slightly higher.
Semiconductor and electronic-component stocks fell across the board. Advantest, Tokyo Electron and SoftBank Group alone dragged the Nikkei 225 down by approximately ¥1,800.