Nikkei Average Falls as Chips-Related Stocks Sold Off

The Yomiuri Shimbun

18:15 JST, September 19, 2023

The Nikkei average on Tuesday ended 290.50 lower than the previous weekend, closing at 33,242.59.

The sharp decline in high-tech stocks in the U.S. stock market over the previous weekend and the slow recovery in the previous day’s trading had a negative impact on semiconductor-related stocks in the Tokyo market.

The broader TOPIX rose 1.92 points to end at 2,430.30 which is the highest level in about 33 years since May 1990.