The Nikkei Average traded around ¥350 lower, while the morning session saw funds shifting into large-cap stocks. Ibiden, KOKUSA and Murata Manufacturing were among the leading decliners in the Nikkei Average.
At around 11 a.m. on the 5th, the Nikkei Average was approximately ¥350 lower than the previous day, trading around ¥61,840. At 10:20 a.m., it fell as much as ¥854.13 to ¥61,334.50. Buying led the market in the morning on gains in the New York market, but volatility became increasingly pronounced toward the afternoon session.
As movements in AI-related stocks again became a focus for the market, Kioxia and Advantest fell, and views spread that investment in AI data centers was under threat of slowing. This also affected the group of stocks included in the Nikkei Average.
Ibiden, KOKUSA, Murata Manufacturing, Furukawa Electric and Okuma were among the top decliners in the Nikkei Average. Meanwhile, Konami Group, Sumitomo Pharma, Yokohama Rubber, Mitsubishi Estate and Capcom were among the top gainers.
The market as a whole saw funds shift from AI- and semiconductor-related stocks into other large-cap stocks, while index movements became more volatile. Attention is expected to remain focused on the performance of stocks included in the index and AI-related stocks.