Nikkei Average Falls as Chips-Related Stocks Sold Off
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Tokyo Stock Exchange
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.
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