Japanese stocks experienced a sharp decline on Wednesday, led by chip and electronics stocks, which were pressured by weakness in US technology stocks overnight. The Nikkei Stock Average fell 1.9% to 50,523.00. Stocks such as Kioxia Holdings fell 11%, SoftBank Group fell 9.1%, and Advantest plunged 8.1%. This decline reflects uncertainty in the Japanese market regarding the global technology sector.
The Japanese yen also weakened slightly against the US dollar, with USD/JPY trading at 153.62, slightly higher than 153.55 at the Tokyo market close the previous day. Investors are now focused on corporate earnings reports and how economic measures taken by Prime Minister Sanae Takaichi might affect the market.
Technology stocks have been a major focus for global markets, with uncertainty over the sector's performance affecting investor sentiment worldwide. This has created tension in the Japanese stock market, which is increasingly affected by concerns about the growth of the electronics and chip sectors.
Meanwhile, Toyota Motor is expected to announce its financial results that day, which will be of interest to investors as they assess the economic impact on the Japanese automotive sector. Investors will be closely watching how the Japanese government's economic measures can support economic recovery and the industrial sector amid global uncertainty. (Asd)
Source: Newsmaker.id
Japanese stocks closed lower on Tuesday, with the Nikkei Index falling 1.7% to 51,497.20 and the Topix Index down 0.7% to 3,310.14. Profit-taking in previously outperforming stocks, particularly those...
Japanese stocks declined on Tuesday (April 11th), following a sharp rise earlier. The Nikkei index fell 0.5%, reaching 52,136.68, with the retail and technology sectors leading the losses. Aeon Co. sh...
The Nikkei 225 jumped 2.12% to close at 52,411, while the broader Topix Index rose 0.94% to 3,332 on Friday, with Japanese stocks hitting fresh record highs amid a strong rally in technology shares. T...
The Nikkei 225 index closed higher on Thursday (October 31, 2025), driven by strong gains in technology and electronics stocks. Positive sentiment emerged after the Bank of Japan maintained its policy...
Japanese stocks are higher as the yen weakens sharply following the Bank of Japan's decision to keep its policy rate unchanged on Thursday. Tech and electronics stocks are leading gains. SoftBank Grou...
Japanese stocks experienced a sharp decline on Wednesday, led by chip and electronics stocks, which were pressured by weakness in US technology stocks overnight. The Nikkei Stock Average fell 1.9% to 50,523.00. Stocks such as Kioxia Holdings fell...
US President Donald Trump announced tariff cuts on fentanyl-related products from China, reducing them from 20% to 10%. This decision is part of an agreement reached at a summit in South Korea last October. This move aims to ease trade tensions...
Asia-Pacific markets declined on Wednesday, following a decline on Wall Street, which was driven by concerns about the valuations of artificial intelligence (AI) stocks. Shares of Palantir, a major player in the AI sector, fell about 8%, despite...
Asian stocks opened lower on Tuesday, reversing Wall Street's rally fueled by Amazon's massive $38 billion deal with OpenAI. Stock markets in South...
Asian stock markets moved mixed on Monday, November 3, 2025. Japan led the gains: the Nikkei 225 remained near its record high of around 52.4...
European stocks opened slightly higher in November, with the STOXX 50 and STOXX 600 gaining 0.2%, after closing near record highs in October....
The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's...