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29 July 2026 14:33  |

Nikkei Falls 1%; Tech Stocks Weigh on Japanese Market

Japanese stock markets closed lower in Wednesday's trading (July 29). The Nikkei 225 index fell 1.03% to hit a one-month low, pressured by the paper, transportation, and communications sectors.

Dainippon Screen shares were the biggest drag, plunging 17.25%. Kioxia Holdings fell 13.85%, while Murata Manufacturing dropped 12.89% amidst pressure on technology and semiconductor stocks.

On the other hand, several stocks still posted strong gains. Konami surged 12.74%, Keyence rose 9.36%, and Komatsu strengthened 7.63% by the close of trading.

Overall, 1,960 stocks advanced, 1,573 declined, and 214 remained unchanged. However, the Nikkei volatility index spiked 26.94% to 41.14, signaling rising investor anxiety.

Oil prices also rose, with WTI climbing to US$82.09 per barrel and Brent reaching US$84.64. Meanwhile, gold remained relatively stable at US$4,039.90, and the USD/JPY exchange rate fell to 163.53. Pressure on tech stocks is likely to keep the Nikkei volatile in upcoming trading sessions. (asd)

Source: Newsmaker.id

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