TOKYO, Oct. 26 (Xinhua) — Tokyo shares ended sharply decrease on Thursday, led by promoting of chip-related shares after U.S. tech shares tumbled in a single day.
Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 668.14 factors, or 2.14 %, from Wednesday at 30,601.78.
The broader Topix index, in the meantime, completed 30.15 factors, or 1.34 %, decrease at 2,224.25.
The Nikkei index briefly shed over 700 factors, as tech points tracked sharp losses in a single day on Wall Street, with the broad-based S&P 500 shedding 1.4 % and the tech-heavy Nasdaq plunging 2.4 %.
Sentiment was additional worsened by earnings releases and projections from some U.S. expertise giants, analysts stated.
Among expertise points, heavyweight chip-related points dragged down the benchmark index, with Advantest slipping 294 yen, or 6.9 %, to three,984 yen, and Tokyo Electron dropping 1,025 yen, or 5.0 %, to 19,340 yen.