The Nikkei 225 continued to fall in Tokyo trading on the 19th, closing at ¥65,326.42, down ¥2,134.31 from the previous day. It marked a second consecutive day of declines, bringing the total drop to ¥3,893.83.
The Nikkei 225 continued to fall in Tokyo stock market trading on the 19th, closing at ¥65,326.42, down ¥2,134.31 from the previous day. After declining for 2 consecutive days, the total drop from the 18th reached ¥3,893.83.
The sell-off was driven by rising crude oil futures prices amid the stalled situation in the Middle East, as well as a global rise in long-term interest rates. A broad range of stocks fell, led by AI and semiconductor-related issues.
Trading volume on the Tokyo Stock Exchange's Prime Market was approximately 2.5 billion shares, with more than 70% of Prime-listed stocks declining in an across-the-board sell-off. Uncertainty over the situation in the Middle East and rising interest rates were seen as near-term risk factors.
The focus is expected to shift to progress in Middle East peace talks, the release of indicators that will provide insight into US monetary policy, developments in the Bank of Japan's domestic policy, and the performance of semiconductor stocks.