Japanese Stocks Close at Nearly Four-Week Low

Japan: Japan's benchmark Nikkei 225 stock index closed today at its lowest level in nearly four weeks, weighed down by declines in technology shares following the sharp losses posted by the Nasdaq index overnight.

According to Saudi Press Agency, the Nikkei index fell 2.11% to 66,819.05 points, marking its lowest closing level since June 12, and extending losses for a third consecutive session. The broader TOPIX index also saw a decline, dropping 1.37% to 4,006.43 points.

The technology-heavy Nasdaq index had closed sharply lower yesterday, driven by the performance of Micron Technology and other semiconductor companies. This downturn is linked to growing concerns over the sustainability of Wall Street's rally, which has been largely driven by the artificial intelligence boom.

Search Here

Popular News

SAFF Releases Schedule for 2026-2027 King Cup Matches

Riyadh:The Saudi Arabian Football Federation (SAFF) has announced the updated schedule for the Round of 16 of the Custodian of the Two Holy Mosques Cup for the 2026-2027 sports season, with matches set for January 11 and 12, 2027. The 16 remaining tea…

MENU

CATEGORIES