Nikkei Average Falls Further on Chip Selling
Tokyo, Aug. 20 (Jiji Press)--Japan's benchmark Nikkei 225 stock average fell further on Wednesday due to selling of semiconductor-related names following the retreat of U.S. high-tech issues overnight.
The Nikkei index slid 657.74 points, or 1.51 pct, to end at 42,888.55, down for the second straight session. The TOPIX sagged 17.72 points, or 0.57 pct, to end at 3,098.91.
In the U.S. market Tuesday, high-tech issues sank amid speculation among investors who wish to use a speech by U.S. Federal Reserve Chair Jerome Powell at an economic symposium in Jackson Hole, starting Thursday, to gauge future monetary policy.
In the Tokyo market, investors sold stocks related to semiconductors and artificial intelligence, which had led the recent advance, to lock in profits.
In particular, technology investor SoftBank Group and chip test device manufacturer Advantest, both Nikkei components, met with heavy selling. The Nikkei briefly lost over 800 points as a result.
(2025/08/20-16:37)
To read a full story, please click here to find out how to subscribe.
NATIONAL
-
08/21 14:19 Japan Calls for Private Investments in Africa at TICAD 9 -
08/20 23:25 Fire Hits U.S. Warship off Naval Facility in Okinawa - 08/20 21:54 Aichi Police Arrest 29 Fraud Suspects Extradited from Cambodia
- 08/20 21:02 Ishiba Starts Series of Talks with African Leaders on TICAD Sidelines
- 08/20 20:56 Probe Finds 2 GSDF Members Killed by Lightning in Oita Pref.
- 08/20 20:21 (Update) Ishiba Unveils New Economic Initiative as TICAD 9 Starts
- 08/20 20:01 Downtown's Matsumoto May Return to Show Biz in Nov.
- 08/20 19:35 (Update) Foreign Visitors to Japan Total Record 3.43 M. in July
- 08/20 19:25 Megaquake Alert Would Urge 520,000 People to Evacuate
- 08/20 19:00 Japan's Iwaya to Visit Central Asia from Sun.
- 08/20 18:59 Japan Govt Panel Suggests Hepburn Style Romanization
- 08/20 18:46 INTERVIEW: Nippon Paper Eager to Boost Exports, M&A
- 08/20 18:10 Japan Average Pump Price Falls for 1st Time in 5 Weeks
- 08/20 17:25 Osaka Expo Organizer Aims to Prevent Recurrence of Train Issue
- 08/20 16:53 Foreign Visitors to Japan Total Record 3.43 M. in July
- 08/20 16:43 Ishiba Unveils New Economic Initiative as TICAD 9 Starts
- 08/20 16:37 Nikkei Average Falls Further on Chip Selling
- 08/20 15:18 Japan to Begin Antidumping Probe on S. Korea, Taiwan Plastic Material
- 08/20 14:19 Japan Extends Deadline for Stockpiled Rice Sales
- 08/20 13:33 Japan Core Machinery Orders Up 3.0 pct in June
- 08/20 12:58 Japan's U.S.-Bound Exports Fall for 4th Straight Month
- 08/20 12:26 Famed Japanese Rocket Engineer Tomifumi Godai Dies at 92
- 08/20 11:17 Japan-U.S. Tariff Document to Be Released "Weeks Away": Lutnick
- 08/20 11:15 Japan to Provide 550 M. Dollars to "Gavi" Vaccine Alliance
- 08/20 10:30 80 Years On: Japan's Media Deployed as Propoganda Tool
- 08/20 08:30 Japanese Manufacturers Relocating Headquarters
- 08/20 08:26 Rakuten Mobile Gets Administrative Guidance over Illegal Access
- 08/19 23:49 Defense Ministry Seen Seeking Record 8.8-T.-Yen Budget
- 08/19 21:59 Putin Issues Statement on WWII Soviet Attack on Japan
- 08/19 21:56 Japanese Suspected of Ordering Killings of 2 Nationals in Manila
- 08/19 21:22 (Update) Japan to Participate in Security Guarantees for Ukraine
- 08/19 20:57 Tohoku Electric to Halt Onagawa N-Plant Reactor
- 08/19 20:47 LDP Begins Talks on Possible Early Leadership Poll
- 08/19 20:11 Pachinko Parlor Worker Arrested in Robbery Case
- 08/19 19:30 Junglia Opens with Hope of Revitalizing Northern Okinawa
- 08/19 18:11 Japan to Extend Deadline for Stockpiled Rice Sales
- 08/19 18:01 3-Year Prison Term Sought for Ex-Kadokawa Chairman over Bribery
- 08/19 17:10 Japan Steel Industry Urges Govt to Close Anti-Dumping Loopholes
- 08/19 15:32 Japan to Participate in Security Guarantees for Ukraine
- 08/19 15:23 JR Train Demand Strong during Bon Holiday
- 08/19 12:51 Kyoto Univ. Group Successfully Creates Jawbone from iPS Cells
- 08/19 12:30 80 Years On: State Policy Victimized Manchuria Pioneers
- 08/19 12:03 "Kokuho" Makes over 10 B. Yen in Box Office Revenue
- 08/19 10:42 Japanese Retail Prices of Rice Climb in Early Aug.
- 08/19 10:30 80 Years On: Hibakusha Gives Account in English, Urging Dialogue for Peace
- 08/18 23:42 2 GSDF Members Die during Training in Oita Pref.
- 08/18 21:53 U.N. Official Nakamitsu Wants Japan to Strengthen Disarmament Efforts
- 08/18 20:57 (Update 2) 2 Firefighters Dead in Osaka Building Fire
- 08/18 20:45 2 Men Arrested over Shooting of Japanese Nationals in Manila
- 08/18 19:40 80 Years On: 103-Yr-Old Cannot Forget Agony Caused by Soviet Attack
- 08/18 19:32 Maehara Drops Vision for Non-LDP, Non-JCP Govt
- 08/18 19:12 (Update) 2 Firefighters Dead in Fire in Osaka
- 08/18 18:46 CDP Leader Shifts to Seek Policy Common Ground with LDP
- 08/18 18:18 Komeito Head Supports Ishiba Staying as Prime Minister
- 08/18 18:18 (Update) Japan, Germany Confirm Cooperation over Economic Security
- 08/18 17:54 Masaharu Fukuyama Attended "Inappropriate" Fuji TV Parties
- 08/18 16:27 (Update) Japan's Nikkei, TOPIX Stock Indexes Hit New Highs
- 08/18 16:07 Japan's Nikkei, TOPIX Stock Indexes Hit New Highs
- 08/18 15:33 2 Firefighters Dead in Fire in Osaka
- 08/18 14:26 Japan, Germany Confirm Cooperation over Economic Security
- 08/18 12:29 Japan's Akie Iwai Claims First LPGA Victory at Portland Classic
- 08/18 01:49 German Foreign Minister Keen to Deepen Ties with Japan
- 08/17 23:07 (Update) 2 Japanese Shot Dead in Manila
- 08/17 21:41 2 Japanese Shot Dead in Manila
- 08/17 18:59 Japan Eyeing Measure to Speed Up Disaster Damage Recognition
- 08/17 14:24 80 Years On: Tokyo Prospers While Local Revitalization Still Insufficient
- 08/17 11:37 80 Years On: Man Remembers Tough Trip Back from Korean Peninsula
- 08/17 10:30 80 Years On: Suicide Pilots Shared True Feelings of Not Wanting to Die
- 08/17 09:08 Sho Miyake's "Tabi to Hibi" Wins Top Prize at Locarno Film Festival
- 08/17 09:00 80 Years On: Woman Orphaned by Tokyo Air Raid Had Her Life Turned Upside Down
- 08/17 08:00 80 Years On: Concerns Rising over Lack of Okinawa Backers in LDP
- 08/16 21:38 Hiroshima A-Bomb Survivor Calls for Nuclear Abolition in Australia
- 08/16 15:19 Trump Releases Message on WWII Victory over Japan
- 08/16 13:38 Taiwan Foreign Chief's Visit Affecting Japan-China Relations
- 08/16 13:00 U.N. Chief Guterres to Visit Japan to Attend TICAD 9
- 08/16 12:10 Climber Attacked by Bear in Hokkaido Mountain Found Dead
- 08/16 11:30 China Urges Japan to Make Right Choice
- 08/15 21:38 Ruling, Opposition Parties Voice Concerns over U.S. Tariffs
- 08/15 21:00 80 Years On: Son of WWII Soldier Calls for Warless Country
- 08/15 20:41 (Update) 2 Japanese Cabinet Ministers Visit Yasukuni Shrine
- 08/15 20:15 40 Pct of Young Unaware of Japan's War-End Anniversary: Jiji Poll
- 08/15 19:28 Secretary of LDP's Hagiuda Fined over Funds Scandal
- 08/15 19:23 S. Korea Pres. Seeks Deeper Ties with Japan in Liberation Day Address
- 08/15 19:17 80 Years On: Japan Govt Struggles to Collect War-Dead Remains
- 08/15 18:02 (Update 2) Japan Renews Pledge for Peace on 80th War-End Anniversary
- 08/15 17:23 80 Years On: Granddaughter Conveys Ex-Wartime PM's Wish for Peace
- 08/15 16:52 (Update) Nikkei, TOPIX Surge to End at Fresh All-Time Highs
- 08/15 16:27 Nikkei, TOPIX Surge to End at Fresh All-Time Highs
- 08/15 14:14 Japan Agriculture Min. Koizumi Visits Yasukuni Shrine
- 08/15 13:20 80 Years On: Consoling Souls of War Dead Mission for 98-Yr-Old
- 08/15 12:57 (Update) Japan Renews Pledge for Peace on 80th War-End Anniversary
- 08/15 12:47 Japan Renews Pledge for Peace on 80th War-End Anniversary
- 08/15 11:30 80 Years On: Japanese Bride in Australia Overcame Postwar Hardships
- 08/15 10:30 80 Years On: Woman Who Escaped Death on Tinian Island Pleads for Peace
- 08/15 09:30 80 Years On: Yasukuni Shrine Remains Political, Diplomatic Issue
- 08/15 09:19 Japan GDP Up Annualized 1.0 Pct in April-June
- 08/15 08:30 TICAD 9 to Seek Innovative Solutions to Challenges in Africa
- 08/14 19:52 (Update) Japan Govt Asks Fukuoka Pref. for Support to Raise Minimum Wages
- 08/14 18:19 Over 20 Pct Want Opposition-Led Govt Change in Japan: Jiji Poll
- 08/14 17:53 Sen Genshitsu, Japanese Tea Ceremony Master, Dies at 102
- 08/14 17:30 Takaichi Emerges as Public Favorite for Next PM: Jiji Poll
- 08/14 16:22 Gravel Carrier Captain Arrested over Yacht Collision in Oita
- 08/14 16:21 (Update) Ishiba Cabinet Approval Rises to 27.3 Pct: Jiji Press Poll
