TOKYO: Japan’s Nikkei share average reversed early gains to end lower on Thursday, dragged down by Nvidia supplier Advantest, while the broader Topix inched higher on value-buying.
The Nikkei fell 0.2 percent to 66,131.98 after rising as much as 1 percent, while the broader Topix rose 0.15 percent to 4,117.22.
The Nikkei opened higher after chip company Nvidia rose nearly 5 percent in extended trading following a forecast that revenue would jump 70 percent next fiscal year.
The index changed course as chip-testing equipment maker Advantest erased its gains to trade lower. Advantest ended down 3.05 percent, making it the biggest drag on the Nikkei.
Banks rose, with Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group up 0.81 percent and 0.92 percent, respectively.
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