Japanese Shares Extend Fall on Tech Rout
2025-11-19 07:01
By
Jam Kaimo Samonte
1 min. read
The Nikkei 225 Index fell 0.34% to close at 48,538 while the broader Topix Index lost 0.17% to 3,246 on Wednesday, with Japanese shares sliding for a fourth straight session as technology stocks stayed under pressure from valuation concerns.
Investors also cautiously awaited Nvidia’s highly-anticipated earnings report, given the exposure of Japanese technology firms to the global AI supply chain.
Notable losses came from Advantest (-0.6%), Lasertec (-2.2%), Disco Corp (-3.4%), Tokyo Electron (-2%) and Hitachi (-1.5%).
Japanese equities also faced headwinds from rising domestic bond yields and a diplomatic row with China.
On Tuesday, Bank of Japan Governor Kazuo Ueda told Prime Minister Sanae Takaichi that the central bank is gradually raising interest rates to steer inflation toward its 2% target while supporting sustainable economic growth.