The Nikkei Average fell for a second straight session on the 23rd, closing at ¥62,693.16, down ¥214.68 from the previous day. Selling in AI-related stocks led to a widening decline at the open, but the market recovered toward the afternoon session.
The Nikkei Average fell for a second straight session on the 23rd, closing at ¥62,693.16. The morning session began with a decline of more than ¥200 in response to falls in US stocks, before slipping into the ¥61,400 range.
In the afternoon session, the market recovered from the morning close to return to the ¥62,000 range, where levels above ¥62,000 held. Some semiconductor stocks turned positive, and selling in AI-related stocks paused.
Trading value on the TSE Prime Market was approximately ¥8.93 trillion. By sector, real estate, retail, fisheries, forestry and others rose, while banking, marine transportation and nonferrous metals declined.
Among individual stocks, ZOZO rose sharply after a securities firm upgraded its investment rating. Nippon Koden, meanwhile, fell sharply after its investment rating was downgraded.
As a factor affecting the Nikkei Average, futures traded at 62910, down 290 from the previous day.