Japanese Shares Track Wall Street Lower

2025-11-07 00:41 By Jam Kaimo Samonte 1 min. read

The Nikkei 225 Index fell 1.19% to close at 50,276 while the broader Topix Index lost 0.44% to 3,299 on Friday, reversing gains from the previous session and tracking a tech-led selloff on Wall Street overnight amid renewed concerns about lofty AI valuations and signs of a slowing US labor market.

Major US AI stocks slumped, including Nvidia, AMD, Palantir, Microsoft, and Broadcom.

In Japan, SoftBank Group (-6.9%) led the decline due to its heavy exposure to AI investments, followed by Advantest (-5.5%), Fujikura (-5.2%), and Disco Corp (-4%).

Industrial and consumer names also weakened, with notable losses from Mitsubishi Heavy Industries (-3.7%), IHI Corp (-3.8%), Nintendo (-1.4%), and Sanrio (-1.4%).

Meanwhile, Recruit Holdings surged 16.1% after reporting stronger-than-expected earnings and raising its forecast on solid growth in HR tech business.

For the week, the Nikkei and Topix are declined 4.07% and 0.99%, respectively.



News Stream
The Nikkei 225 Index Closes 4.82% Higher
The Nikkei 225 Index went up by 2462 points or 4.82 percent on Wednesday to close at 53525 points. The rise was led by Furukawa Electric (12.04%), Advantest (10.60%) and Sumitomo Electric (10.30%).
2026-04-01
Japanese Stocks Jump on Iran Peace Hopes
The Nikkei 225 Index jumped 5.2% to close at 53,740, while the broader Topix Index surged 5% to 3,671 on Wednesday, snapping a four-session losing streak amid hopes of de-escalation in the Middle East conflict. President Trump said the US could end military attacks on Iran within two to three weeks and that Tehran would not need to reach a deal as a prerequisite for the conflict winding down. However, uncertainty remained as Iran’s Foreign Minister Abbas Araghchi rejected a ceasefire and instead demanded a full end to the war with guarantees and compensation. Meanwhile, the Bank of Japan's quarterly tankan survey showed business sentiment among large Japanese manufacturers improved in the three months to March, a sign that increasing economic uncertainty from the Middle East conflict has yet to hit morale. Nearly all sectors advanced, led by chip and AI-related shares. Advantest and SoftBank Group jumped 10.7% and 5.9% respectively, while Tokyo Electron gained 5.5%.
2026-04-01
Japanese Shares Book Sharp Monthly Losses
The Nikkei 225 Index fell 1.58% to close at 51,064, while the broader Topix Index dropped 1.26% to 3,498 on Tuesday, marking a fourth straight session of losses as heightened uncertainties surrounding the Middle East conflict weighed on investor sentiment. The Nikkei and Topix also declined 13.23% and 11.19%, respectively, for March, recording their worst monthly performances since the 2008 global financial crisis. Japan continued to grapple with elevated energy costs driven by the Iran war, reflecting its heavy reliance on oil imports from the region. The US has sent mixed signals on efforts to end the conflict, with recent reports suggesting President Donald Trump is willing to end the US military campaign against Iran even without the full reopening of the Strait of Hormuz. Nearly all sectors fell on Tuesday, with technology, financial, consumer, and defense stocks leading the decline.
2026-03-31