Japanese stock indices fall, and the Nikkei hits its lowest level in 10 days.

Japanese stock indices fall, and the Nikkei hits its lowest level in 10 days.
مؤشر نيكاي 225

Japanese stock indices continued to deepen their losses during trading on Thursday, with the main Japanese stock index, Nikkei, reaching its lowest level in 10 days, as technology sector stocks declined following losses in their American counterparts.

Nikkei's losses marked the third consecutive day, as investors took profits and balanced the potential negative impact on Japan from the incoming Trump administration's position on trade and tariffs.

In terms of trading, the Nikkei index fell by 0.3% to reach 38,604.36 points by the end of the session, while the broader TOPIX index saw a slight decline of about 27 points, closing at 2,708.15 points.

Regarding company stocks, SoftBank Group, which invests in startups focused on artificial intelligence, joined the losers after dropping by 1.82%, along with declines in other heavyweight technology shares.

Tokyo Electron's shares fell by 2.9%, while Advantest's shares declined by 1.1%, which exerted significant pressure on the overall index.

This drop occurred despite the Japanese yen falling against the US dollar to its lowest levels since July 24, which provided some support for exporting companies' stocks; such as Toyota Motor and Sony Group, whose shares rose by 1.6% and 1.1%, respectively.

Among other stocks, the biggest gain on the Nikkei index was for Mercari shares, which increased by 7.2%, followed by Kubota stocks, which rose by 6.9%.

 


large image
Upcoming Educational Courses
large image