The Nikkei continued to decline in the Tokyo market on the morning of the 2nd, closing the morning session at ¥63,095.11. Kioxia's share price plunged after its earnings outlook came in below market expectations, with the decline temporarily nearing ¥600.
The Nikkei Stock Average continued to decline in the Tokyo stock market on the morning of the 2nd, closing the morning session at ¥63,095.11, down ¥195.00 from the previous weekend.
Kioxia's share price plunged after the earnings outlook presented with its earnings announcement on 30 October came in below market expectations, and the Nikkei's decline temporarily approached ¥600.
Buying in some semiconductor stocks that reported strong earnings subsequently narrowed the Nikkei's decline. At one point, the index briefly turned higher.
The Nikkei ultimately finished trading with its decline narrowed.