The Nikkei 225 extended its decline in Tokyo trading on the 19th, at one point falling more than ¥2,000. As selling spreads across semiconductor-related stocks, turmoil in the previous day's U.S. stock market and the upward trend in long-term interest rates are weighing on the market as a whole.
The Nikkei 225 extended its decline in Tokyo trading on the 19th, falling sharply from the previous day's close toward the end of the session and at one point dropping more than ¥2,000. Deteriorating investor sentiment and external factors combined to intensify downward pressure across the market.
Selling was particularly pronounced in semiconductor-related stocks, with Advantest and Tokyo Electron among the stocks in focus. The restricted portion of this article contains information for members.
Selling in semiconductor-related stocks in the previous day's U.S. stock market spilled over into Tokyo trading, while the upward trend in long-term interest rates is reportedly weighing on share prices. Market participants say interest-rate movements and developments in the U.S. market will need to be monitored closely.