Tokyo stocks fell across the board in the morning session on 7 August as AI and semiconductor-related stocks came under selling pressure. Buying interest in game and entertainment stocks, meanwhile, strengthened, sending Bandai Namco Holdings sharply higher and lifting Nintendo and MegaChips. Digital Hearts Holdings reached its upper price limit with buy orders indicated.
Tokyo stocks turned lower in the morning session on 7 August as AI and semiconductor-related stocks came under selling pressure. The Nikkei 225 fell sharply from the previous day, while buying interest shifted toward individual stocks. Game and entertainment-related stocks were broadly stronger, providing support for the market in some cases.
Among major game-related stocks, Bandai Namco Holdings surged on its upward earnings revision and well-received first-quarter results. Nintendo also traded higher, while Sony Group, Sega Sammy Holdings, Konami Group, Square Enix Holdings, Capcom and Koei Tecmo Holdings attracted buying. Digital Hearts Holdings was observed at its upper price limit with buy orders indicated.
MegaChips was said to have returned to profitability in its first-quarter results and ranked among the top gainers. Among other stocks, Nexon, Marvelous, Nippon Ichi Software, YuKe's and NJ Holdings rose, while Imagineer was flat and Tose and Nihon Falcom fell.