In Tokyo trading on the 20th, Trend Micro shares continued to fall as the Nikkei Average extended its decline. Rising costs associated with the introduction of cybersecurity support measures have been cited as a contributing factor. Caution over AI investment also weighed on the broader market at times.
In Tokyo trading on the 20th, the Nikkei Average fell sharply from the previous day, closing at ¥64,075.42. Persistent concerns over AI investment prompted selling in major AI- and semiconductor-related stocks, weighing on the broader market. After the selling subsided, intermittent buying of Nikkei futures, believed to have come from overseas speculative investors, helped recover part of the decline at times, but the market turned weak again in the afternoon, with the intraday decline temporarily exceeding ¥1,100.
Trend Micro shares also remained on a downward trend that day. The outlook for higher costs associated with implementing cybersecurity support measures is believed to have heightened investor caution. Selling in AI-related stocks was pronounced across the broader market and also affected the performance of individual stocks.