The Nikkei Average fell in the afternoon session on the 22nd as selling in semiconductor and AI-related stocks weighed on the market. Tokyo Electron was reported to be the largest negative contributor, followed by Advantest.
The Nikkei Average fell based on the morning closing level, with selling in semiconductor-related stocks pushing the index lower. Recruit Holdings and Fast Retailing rose among individual stocks, while declines in semiconductor-related stocks, led by Tokyo Electron, stood out.
The dollar-yen market remained weak, while US interest rates declined. During the morning session, the dollar-yen range was ¥157.67 to ¥158.25, and European currencies strengthened against the dollar.
Eighteen stocks were reported to be on the afternoon-session watch list after reaching daily upper limits. Tokyo Electron was the largest negative contributor, followed by Advantest. Disco is scheduled to announce its earnings at 16:00 after the close.