Nikkei stock index falls over 2%, dragged down by heavyweight tech shares
3 Articles
3 Articles
Japan’s Nikkei falls as profit-taking hits major shares
The Nikkei stock index briefly fell more than 2 percent on Friday as investors locked in profits following weaker-than-expected earnings from heavyweight technology shares, News.Az reports, citing Kyodo. The 225-issue Nikkei Stock Average ended the session down 1,244.76 points, or 1.99 percent, from Thursday at 61,409.29. The broader TOPIX finished 15.30 points, or 0.39 percent, lower at 3,863.97. On the Tokyo Stock Exchange’s Prime Market, majo…
On the morning of the 15th, the Tokyo stock market saw the Nikkei 225 average continue its decline. The drop from the previous day's closing price temporarily exceeded 900 yen, falling below the key 62,000 yen mark. Profit-taking selling orders dominated due to concerns about high valuations. On the other hand, buying orders were dominant in the morning, boosted by the rise in US stocks the previous day.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
