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Nikkei Closes Down 223 Points as Chip Stocks Slide, TOPIX Ends Slightly Higher

Selling followed Wall Street losses, with profit-taking after a recent run-up pressuring high-valuation names.

Overview

  • The Nikkei ended at 50,526.92, down 223.47 from the previous close.
  • TOPIX rose 3.46 to 3,426.52, signaling steadier breadth even as high-fliers retreated.
  • The sell-off briefly topped 400 points intraday before losses narrowed into the close.
  • Semiconductor and other high-valuation shares fell on profit-taking following a recent upswing.
  • The yen firmed to around ¥156.07–156.09 per dollar after BOJ meeting minutes were viewed as favoring further rate increases, with TSE volume at about 16.968 billion shares.