Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Asia> Nikkei Falls 421 pts or 0.7%; Kioxia Reverses Higher, Nitto Boseki Gains Over 5%
Recommend 0 Positive 0 Negative 1 |
||||
|
||||
|
US-Iran negotiations yielded no results, and the US is set to block the Strait of Hormuz, sending oil prices back above USD100. Japan's 10-year government bond yield rose to its highest level since 1997, weighing on Japanese equities. The Nikkei Average opened down 502 points and once slumped 691 points in the afternoon to a trough of 56,232 points, before closing down 421 points or 0.7% at 56,502. Among artificial intelligence and semiconductor stocks, SoftBank (9984.JP), Advantest (6857.JP) and Raito Kogyo (6920.JP) fell 0.4% to 0.8%, while Tokyo Electron (8035.JP) dropped 3.6%. Disco (6146.JP) and Kioxia (285A.JP) rose 0.7% and 3.7%, respectively. In the electric wire segment, Furukawa Electric (5801.JP) and Sumitomo Electric (5802.JP) declined 1.1% and 6.2%, while Fujikura (5803.JP) gained 1.2%. Glass fiber cloth maker Nitto Boseki (3110.JP) surged 5.6%. Oil-related stocks broadly advanced, with Inpex (1605.JP) up 3.1% and JAPEX (1662.JP) rising 5.7%. In the metals sector, JX Metals (5016.JP) gained 1.3%, while Mitsui Mining & Smelting (5706.JP) fell 2.1%. Rare earth concept play MODEC (6269.JP) climbed 2%. Tokyo Electric Power (9501.JP) dropped 2.1%. Elsewhere, Fast Retailing (9983.JP) slipped 0.6%, while Sony (6758.JP) and Nissan (7201.JP) fell 2.2% and 2.5%, respectively. Robotics stock Yaskawa Electric (6506.JP) jumped 7.1%. The yen weakened 0.2% during the Asian session, with USD/JPY rising to 159.68. (fc/u) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
