TOKYO, Jan. 28 (Xinhua) — Japanese key stock index continued to drop on Tuesday, weighed by losses in semiconductor and tech shares following a steep selloff in U.S. know-how shares.
The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed 548.93 factors, or 1.39 %, decrease at 39,016.87.
Semiconductor-related shares, together with Advantest Corp and Tokyo Electron, prolonged losses from the earlier session as issues arose over U.S. chipmaker NVIDIA.
Investor sentiment was dampened by geopolitical and coverage issues, together with stories of U.S. plans to impose tariffs on overseas semiconductor chips and metals. The potential impression on Japanese semiconductor and AI-related shares additional weighed in the marketplace.
In distinction, worth shares, together with banks and actual property corporations, attracted shopping for curiosity.
The broader Topix index edged down 0.04 % to 2,756.90. Decliners on the Tokyo Stock Exchange’s Prime part totaled 511, whereas advancers reached 1,093.