Japan Market Daily | Kabutaro & Friends

On November 12, the Nikkei 225 fell for the first time in four days on the Tokyo stock market, closing at 60,819.36, down 429.23 yen (0.70%) from the previous day. Meanwhile, TOPIX edged up for a second day, rising 7.94 points (0.20%) to 3,937.33. The Dow rebounded 254.60 dollars in the U.S. market the previous day, but a U.S. newspaper report on Nvidia's management spread selling across AI-related stocks. In the afternoon session, a sharp drop in Taiwanese stocks also weighed on the market, and the Nikkei 225 fell as low as 60,643 at one point. Advantest and Recruit Holdings together pulled the Nikkei 225 down by about 414 yen, and Ibiden also dragged it down by about 78 yen. On the other hand, 27 of 33 sectors rose, led by fishery and agriculture, rubber products and foods, while services, nonferrous metals and electric appliances fell. Trading value on the TSE was about 9.09 trillion yen. The dollar was trading in the upper 159 yen range shortly after 3:30 p.m.