Stocks in Japan Hit 4-week High

The Nikkei 225 Index dropped 2701 points or 4.16 percent on Tuesday to close at 62230 points. Losses were led by Sumco (-17.54%), Taiyo Yuden (-12.39%) and Resonac Holdings (-11.99%).

The Nikkei 225 Index dropped 3.95% to close at 62,365, while the broader Topix Index declined 2.52% to 3,964 on Tuesday, with the Nikkei falling to an over two-month low as semiconductor and other technology stocks faced renewed selling pressure. The losses followed a sharp selloff in US chipmakers overnight amid concerns that circular AI financing arrangements could unravel if hyperscalers scale back capital spending. Major decliners included Kioxia Holdings (-18.3%), SoftBank Group (-4.4%), Advantest (-10.1%), Taiyo Yuden (-11%), and Tokyo Electron (-11%). Heavyweight banking stocks also weakened, with Mitsubishi UFJ (-3.6%), Sumitomo Mitsui (-3.9%), and Mizuho Financial (-4.9%) posting notable losses. Meanwhile, oil prices extended their decline after President Donald Trump said the US had resumed negotiations with Iran aimed at ending the Middle East conflict.

JP225 decreased to 62700.00 Index Points, the lowest since June 2026. Over the past 4 weeks, Japan Stock Market Index (JP225) lost 9.59%, and in the last 12 months, it increased 54.41%.