The Nikkei fell more than ¥900 at one point in Tokyo trading on the 25th, but settled as buybacks emerged. The morning close was ¥65,598.68, up ¥70.59 from the previous day. Declines in AI and semiconductor-related stocks were viewed as a source of downward pressure.
The Nikkei fell more than ¥900 at one point in Tokyo stock trading on the 25th, briefly dipping below ¥60,000 during the session. Buybacks gained the upper hand in the afternoon, and the morning close was ¥65,598.68, up ¥70.59 from the previous day.
Some AI and semiconductor-related stocks were sold, and market participants believed they had a significant impact on the Nikkei average.
Meanwhile, shipping stocks, which were expected to benefit from higher freight rates as crude oil prices remained elevated, were bought, at times narrowing the decline.
Major securities firms voiced the view that declines in AI and semiconductor-related stocks were putting downward pressure on the Nikkei average.