Japan Market Daily | Kabutaro & Friends

On November 5, the Nikkei 225 fell for a fourth straight session on the Tokyo stock market, closing at 61,077.90, down 1,110.73 yen (1.79%) from the previous day. TOPIX, by contrast, rebounded 45.01 points to 3,940.39. U.S. stocks rose the previous day on relief after the midterm elections, and the Nikkei 225 opened higher, but following a decline in the U.S. semiconductor index, selling spread to semiconductor equipment makers and high-priced AI-related stocks, and the Nikkei 225's loss exceeded 1,000 yen in the afternoon. Advantest and Tokyo Electron together dragged down the Nikkei 225 by about 1,557 yen, and SoftBank Group, Ibiden and Kioxia Holdings also fell sharply. On the other hand, Fast Retailing, Toyota Motor and Konami Group were bought, and domestic-demand and auto-related stocks such as transportation equipment and real estate were firm. About 70% of stocks on the TSE Prime Market rose, creating a divergence between the indexes, and trading value on the TSE Prime Market swelled to about 11.79 trillion yen.