The Tokyo stock market fell below its morning low as selling spread, particularly among AI-related stocks. Losses widened in the afternoon, and the Nikkei 225 remained sharply lower.
The Nikkei 225 fell further in the afternoon session, reaching ¥65,179.74 at 13:42, down ¥2,280.99 from the previous day and below its morning low of ¥65,326.76. A broad range of stocks, particularly AI and semiconductor-related shares, were being sold.
The Nikkei 225 opened the afternoon session at ¥65,815.55, down ¥1,645.18 from the previous day, and continued to trade near its lows. Market participants said they expected conditions to persist in which both positive and negative market catalysts were scarce.
At the morning close, the Nikkei 225 was down ¥1,736.48 from the previous day at ¥65,724.25, marking another sharp decline. Trading volume was reported at 1,175,060,000 shares and turnover at ¥5.0284 trillion, with 82% of issues falling and 15% rising.
Among sectoral stock price indices, declines were particularly pronounced in nonferrous metals, machinery, banks, electric appliances, glass and ceramics products, and other sectors. Pharmaceuticals was the only sector to rise. Kioxia Holdings fell more than 8%, while Fujikura also posted a sharp decline of more than 7%.
Market participants said the decline in South Korea’s KOSPI was weighing on AI-related stocks and affecting the Nikkei 225.