Japan's main stock index, the Nikkei 225, dropped 1.6% on Thursday, closing at 51,117, as investors sold AI‑related shares and worries grew over new trade friction with China.
Overall market move
The Nikkei fell for a second straight day, adding to a 1.1% loss the day before. The broader Topix index also slipped, down 0.8%.
AI and semiconductor stocks pull back
Shares of companies tied to artificial intelligence and chips, such as SoftBank Group, Advantest Corp, and Tokyo Electron, led the decline. A market strategist said the drop in high‑priced AI and semiconductor stocks was the main reason for the index’s fall.
China’s anti‑dumping probe adds pressure
China announced an anti‑dumping investigation into Japanese chemicals used in chip production, specifically dichlorosilane. The move comes as Beijing recently banned some dual‑use items to Japan, worsening trade ties. Japanese chemical makers Shin‑Etsu Chemical and Mitsubishi Chemical saw their shares fall.
Biggest losers and winners
- SoftBank Group: down 7.6% – the biggest percentage loser.
- Sumitomo Pharma: up 7.8% – the top gainer.
- 74 stocks advanced while 149 fell.
What investors should watch
Keep an eye on AI‑related earnings and any further trade actions from China, as both could continue to sway market direction.
Remember, this is perspective, not a prediction. Do your own research before making any investment decisions.