Japanese Shares Rebound as Tech Selloff Eases

2026-11-02 04:10 By Jam Kaimo Samonte 1 min. read

The Nikkei 225 Index advanced 0.4% to above 63,500 on Monday, reversing losses from earlier in the session as selling pressure on technology stocks eased, while investors continued to evaluate the outlook for the artificial intelligence sector.

Oil prices also declined on growing hopes for a diplomatic resolution to the Middle East conflict, easing concerns over inflation and potential interest rate increases.

Technology and AI-related shares broadly recovered, led by strong gains in Advantest (4.3%), Lasertec (6.7%), and Tokyo Electron (6.8%).

However, Kioxia Holdings fell approximately 14% after the Japanese memory chipmaker issued a cautious outlook, raising concerns that the rapid growth fueled by AI demand could be losing momentum.

Screen Holdings also plunged 17% as management maintained its full-year guidance unchanged despite reporting record order intake and continued strength in the semiconductor equipment market.



News Stream
Japanese Shares Fall as Kioxia Drags
The Nikkei 225 Index dropped 0.33% to close at 63,082 on Monday, extending losses from the previous session as memory chipmaker Kioxia Holdings issued a cautious outlook, raising concerns that AI-driven demand growth may be beginning to moderate. Kioxia shares plunged 15.8% after the company projected operating profit of ¥2 trillion for the December quarter, slightly above its previous quarter’s ¥1.99 trillion, marking a slowdown from the strong earnings growth recorded over recent quarters. Screen Holdings also tumbled 19% after management kept its full-year guidance unchanged despite reporting record order intake and continued strength in the semiconductor equipment market. Other notable losses among technology stocks included Ibiden (-3.8%), Taiyo Yuden (-3%), and SoftBank Group (-1.6%).
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The Nikkei 225 Index went up by 12 points or 0.02 percent on Monday to close at 63302 points. The rise was led by Takara (11.06%), NGK Insulators (10.86%) and Sapporo (7.44%). On the downside, the weakerst performers were Screen Holdings (-19.60%), Mitsubishi Logistics (-14.10%) and Alps Electric (-10.96%).
2026-11-02
Japanese Shares Rebound as Tech Selloff Eases
The Nikkei 225 Index advanced 0.4% to above 63,500 on Monday, reversing losses from earlier in the session as selling pressure on technology stocks eased, while investors continued to evaluate the outlook for the artificial intelligence sector. Oil prices also declined on growing hopes for a diplomatic resolution to the Middle East conflict, easing concerns over inflation and potential interest rate increases. Technology and AI-related shares broadly recovered, led by strong gains in Advantest (4.3%), Lasertec (6.7%), and Tokyo Electron (6.8%). However, Kioxia Holdings fell approximately 14% after the Japanese memory chipmaker issued a cautious outlook, raising concerns that the rapid growth fueled by AI demand could be losing momentum. Screen Holdings also plunged 17% as management maintained its full-year guidance unchanged despite reporting record order intake and continued strength in the semiconductor equipment market.
2026-11-02