On the 8th, the Nikkei Average fell back amid the rapid appreciation of the yen and weakness in the dollar, closing down ¥1,130. Export-related stocks were sold, while resilient AI demand provided support for the market.
On the 8th, the Nikkei Average on the Tokyo Stock Exchange fell back. It closed down ¥1,130, with intraday trading affected by the rapid appreciation of the yen and weakness in the dollar.
Export-related stocks were sold, and share prices of export-related companies, including automakers, fell. The performance of companies dependent on shipments and sales weighed on the market.
Meanwhile, views have also been reported that the market’s overall decline was limited against a backdrop of resilient demand for artificial intelligence (AI). Attention may focus on short-term price movements, particularly in AI-related stocks.