The Nikkei average was trading down approximately ¥2,900, with semiconductor stocks continuing to fall from the morning session, although the decline eased somewhat. The dollar-yen exchange rate was in the upper ¥157 range, and NTT was among the leading stocks by trading value.
The Nikkei average was trading around ¥64,830, approximately ¥2,900 below the previous day. Concerns over returns on AI investment and funding uncertainty resurfaced, and the market remained sharply lower as semiconductor stocks continued to fall from the morning session. The intraday low remained near the level around the end of the morning session.
Approximately 980 stocks declined across the TSE Prime Market, intensifying downward pressure overall. The exchange rate was trading in the upper ¥157 range per U.S. dollar, while overseas companies’ earnings announcements were also pending as an external factor.
Stocks with the highest trading volume shortly after 2 p.m. included NTT, Tokio Marine Holdings, Kioxia, SoftBank Group and Nissan Motor.
Stocks with the highest trading value shortly after 2 p.m. included Kioxia, Advantest, SoftBank Group, Lasertec and Taiyo Yuden. With Taiwan’s TSMC earnings announcement pending, attention is focused on the market’s subsequent direction.