Japan's Nikkei Retreats on Tech Valuations, Iran Tensions
Japan's Nikkei Retreats on Tech Valuations, Iran Tensions
Japan's Nikkei 225 index fell 0.47% to close at 64,693.12 on Thursday, weighed by Middle East crisis concerns and technology sector valuations. The index had hit a record high in the previous session before retreating after Iran-US air strikes.
Tech Stocks Under Pressure
Japanese tech shares broadly weakened as AI and chip sectors eased. Nomura Securities strategist Wataru Akiyama expects the market to hover around 65,000.
Top Gainers and Losers
Taiyo Yuden rose 17%, Murata Manufacturing gained 9.2%, while Furukawa Electric and Sumitomo Metal Mining fell 7.3%. The Nikkei is up nearly 29% year-to-date in 2026.
Impacted Symbols
Symbols affected by this headline and their sentiment signals
Japan 225 Index
The index directly declined and is under pressure from tech valuations and geopolitical risks.
TOPIX Index
Topix also fell similarly to Nikkei, reflecting broad market sentiment.
TAIYO YUDEN CO LTD
Taiyo Yuden was the top gainer with a 17% rise as mentioned in the news.
MURATA MANUFACTURING CO
Murata Manufacturing gained 9.2%, a significant increase.
FURUKAWA ELECTRIC CO
Furukawa Electric was among the biggest losers with a 7.3% decline.
SUMITOMO METAL MINING CO
Sumitomo Metal Mining also dropped 7.3%, negatively impacted.
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