The Nikkei 225 plunged in morning trading in response to moves in U.S. equities, but narrowed its losses toward the close, ending the 23rd at ¥62,693.16, down ¥214.68. Trading on the 23rd was a long session on the TSE Prime Market, with volume of 2.88432 billion shares and trading value of approximately ¥8.9 trillion.
U.S. equities were mixed the previous day, with the Dow edging higher and the Nasdaq falling sharply, reigniting concerns that trends in AI-related and semiconductor stocks would weigh on the market. In response, the Nikkei 225 came under heavy selling after the open on the 23rd, with its decline at one point widening to nearly ¥1,400.
Semiconductor-related stocks subsequently attracted buying on dips, and the index rebounded from its morning low, narrowing its losses toward the close. Overall, decliners outnumbered advancers, with banks, marine transportation and nonferrous metals among the sectors that fell.
At the close, the Nikkei 225 stood at ¥62,693.16, down ¥214.68 from the previous day. Trading volume on the TSE Prime Market was 2.88432 billion shares, and trading value was approximately ¥8.9383 trillion. In individual stocks, real estate, retail, fisheries, agriculture and forestry advanced, while TDK, Nitto Denko, SoftBank Group, KDDI and Kyocera declined.
Among notable advancers were Fast Retailing, Chugai Pharmaceutical, Kioxia Holdings, Lasertec, Sony Group and Mercari. Decliners included TDK, Nitto Denko, SoftBank Group, Recruit Holdings and Murata Manufacturing.