The Nikkei 225 fell for a second consecutive session in the Tokyo market. It closed at ¥63,492.99, down ¥518.35 from the previous day, as declines in semiconductor stocks weighed on the market. TOPIX, meanwhile, remained firm.
The Nikkei 225 ended trading at ¥63,492.99, down 0.81% from the previous day. Declines in semiconductor-related stocks weighed on the market.
At the same time, reports that expectations for interest-rate hikes were strengthening in the US and Japan heightened market focus on rate pricing. Rising crude oil prices also prompted caution among investors.
Against this backdrop, the Nikkei 225 fell, while TOPIX remained generally firm, partly reflecting movements in its constituent stocks.
In coming trading sessions, changes in the outlook for interest-rate hikes, crude oil trends and corporate earnings are expected to return to focus in the market.