The Nikkei Stock Average is highly likely to fall in the Tokyo stock market on the 19th, continuing the trend triggered by selling of AI and semiconductor-related stocks in the US market. The downside for the Nikkei is expected to be around ¥63,000, approximately ¥2,000 below the previous week’s close.
AI and semiconductor-related stocks were sold in the US stock market at the end of the previous week, and the resulting decline in US stocks is expected to spread to the Tokyo market. The Nikkei Stock Average is highly likely to fall as a result.
Market participants have placed the downside for the Nikkei at around ¥63,000, implying an expected decline of more than approximately ¥2,000 from the previous week’s close of ¥65,324.
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