Nikkei Stock Average morning close at ¥63,498, down ¥512 from end of last week; decline temporarily exceeds ¥1,200

The story

The Nikkei Stock Average closed the morning session on the first trading day of the week at ¥63,498, down ¥512 from the end of last week.

There were reports that AI- and semiconductor-related stocks were sold across the market amid rising crude oil futures prices, putting selling pressure on share prices.

The decline temporarily exceeded ¥1,200 during the day, with attention focused on developments in AI-related stocks in particular.

At a glance

ExchangeThe morning close was ¥63,498, down ¥512 from the end of last week

ChangeThe decline temporarily exceeded ¥1,200

FactorsThe rise in crude oil futures and selling of AI-related stocks were reported to have weighed on the market

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