AVN 65.45 Increased By ▲ 0.50 (0.77%)
BAFL 30.65 Decreased By ▼ -0.86 (-2.73%)
BOP 4.83 Increased By ▲ 0.04 (0.84%)
CNERGY 3.72 Decreased By ▼ -0.12 (-3.13%)
DFML 14.26 Decreased By ▼ -0.15 (-1.04%)
DGKC 41.06 Decreased By ▼ -0.54 (-1.3%)
EPCL 46.56 Decreased By ▼ -0.14 (-0.3%)
FCCL 11.35 Increased By ▲ 0.06 (0.53%)
FFL 5.03 Decreased By ▼ -0.02 (-0.4%)
FLYNG 5.78 Decreased By ▼ -0.04 (-0.69%)
GGL 10.28 Decreased By ▼ -0.17 (-1.63%)
HUBC 67.03 Increased By ▲ 1.39 (2.12%)
HUMNL 5.68 Increased By ▲ 0.02 (0.35%)
KAPCO 27.85 Increased By ▲ 0.10 (0.36%)
KEL 2.19 Increased By ▲ 0.04 (1.86%)
LOTCHEM 24.83 Increased By ▲ 0.48 (1.97%)
MLCF 21.37 Decreased By ▼ -0.11 (-0.51%)
NETSOL 84.20 Decreased By ▼ -0.59 (-0.7%)
OGDC 85.94 Decreased By ▼ -1.31 (-1.5%)
PAEL 11.01 Increased By ▲ 0.03 (0.27%)
PIBTL 4.17 Decreased By ▼ -0.05 (-1.18%)
PPL 74.56 Decreased By ▼ -1.14 (-1.51%)
PRL 13.40 Decreased By ▼ -0.25 (-1.83%)
SILK 0.92 Increased By ▲ 0.03 (3.37%)
SNGP 40.44 Decreased By ▼ -0.89 (-2.15%)
TELE 5.86 Increased By ▲ 0.01 (0.17%)
TPLP 15.42 Decreased By ▼ -0.22 (-1.41%)
TRG 111.63 Decreased By ▼ -0.07 (-0.06%)
UNITY 13.76 Decreased By ▼ -0.22 (-1.57%)
WTL 1.14 Decreased By ▼ -0.02 (-1.72%)
BR100 4,037 Decreased By -26.9 (-0.66%)
BR30 14,412 Decreased By -56.6 (-0.39%)
KSE100 40,471 Decreased By -262.4 (-0.64%)
KSE30 15,163 Decreased By -67.2 (-0.44%)
Follow us

TOKYO: Japan’s Nikkei share average fell on Wednesday, retreating from the previous session’s one-month high, as chip-related stocks followed their U.S. peers lower.

The Nikkei declined 0.56% to 28,906.88 at the close, after touching an intraday high of 29,121.01 on Tuesday, a level not seen since Nov. 26.

The broader Topix slipped 0.30%, with the growth-stock index sliding 0.63%, while the value-share index ended flat.

Chipmakers were among the Nikkei’s worst performers, with Tokyo Electron’s 0.97% retreat the biggest drag by index points. Trend Micro slid 2.99%, while Advantest dropped 1.63%.

Overnight, the tech-focused Nasdaq lost 0.48% as U.S. stocks snapped a four-day rally. The Philadelphia SE Semiconductor Index sank 1.17%.

Uniqlo store-operator Fast Retailing was another notable loser, dropping 0.71%.

The biggest percentage decliner on the Nikkei was brewer Sapporo Holdings, falling 3.79%.

At the other end, J.Front Retailing was by far the biggest percentage gainer on the Nikkei with a 7.40% jump, as the department store operator reported a big increase in customer traffic after a state of emergency was lifted at the end of September.

That boosted peers including Isetan Mitsukoshi Holdings, which rose 0.94%.

SoftBank Group recorded the biggest gain by index points, rising 1.86%.

Comments

Comments are closed.

Nikkei retreats from 1-month high as chip stocks track US peers lower

Govt says ‘will have to’ agree to IMF conditions

Imran steps up criticism of PDM govt

COAS vows to root out menace of terrorism

PTI chief won’t attend APC: Umar

Industry yet to export any amount of sugar

Russian oil supply likely by April

31 NA seats: ECP announces schedule for by-polls on March 19

RDA: pace of growth slightly lower

‘Rules’ allow banks to seek asset details of civil servants

Likely output dip in Feb, Mar: Indus Motor offering full refund with interest to customers