The Japanese Nikkei index fell on Monday, with concerns persisting about valuations in the technology sector ahead of important financial results to be released this week.
Reuters reported that the Nikkei index fell 0.62 percent to close at 64,916.70 points, reducing losses that had exceeded two percent earlier. In contrast, the broader Topix index rose 0.04 percent to reach 4,067.48 points.
Impact of Wall Street and Oil
The decline in Japanese stocks followed a weak session on Wall Street on Friday, affected by losses in stocks related to artificial intelligence and electronic chips. Additionally, the sharp rise in oil prices last week increased concerns about inflation and expectations of tighter monetary policy by central banks.
Investor Expectations
Maki Sawada, a stock expert at Nomura Securities, said that investors are looking for reassurance through business results to be released this week for major companies in the artificial intelligence field, such as Meta Platforms in the United States, and suppliers in the technology sector, such as Japanese company Disco.
Individual Stock Movements
111 stocks rose on the Nikkei index against a decline of 108 stocks, while six stocks remained unchanged. Among the biggest losers were Tyo Yuden shares, which fell 4.85 percent, followed by Trend Micro, specializing in cybersecurity, which closed down 4.21 percent, and Mercari, specializing in e-commerce, which lost 3.95 percent.
As for the biggest winners in percentage terms, Toho film production company saw its shares jump 7.04 percent in its largest daily rise since July 2025, followed by Shift, a software testing services provider, which closed up 5.48 percent, and Bycarrent, specializing in consulting services, which rose 5.35 percent to record a historic closing level.
Source: Syrian Arab News Agency (SANA)
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