TOKYO: Japan’s Nikkei share average fell for a fourth consecutive session on Thursday and posted its lowest close in a month, as uncertainty over interest rates and currencies kept investors away from risk assets.
The Nikkei 225 Index ended 0.17 percent lower at 64,214.48 after struggling for direction for much of the session. The broader Topix rose 0.5 percent to 4,102.04.
Japanese chip- and AI-related shares were mixed. Chip-testing equipment maker Advantest fell 0.8 percent and cable and optical fibre producer Fujikura shed 2.73 percent, while memory chipmaker Kioxia rose 1.31 percent and semiconductor equipment maker Tokyo Electron edged 0.36 percent higher.
Market breadth was positive, with 141 Nikkei constituents rising and 82 falling, but declines in a handful of heavily weighted stocks dragged the benchmark lower.
Comments