Tokyo Stock Market, Nikkei Index drops for fourth consecutive day
The two main stock indexes in Tokyo's stock market continued to fall on the 20th, with the Nikkei index falling for the fourth consecutive trading day. The Nikkei 225 stock average price index closed down 1.11%, and the Tokyo Stock Exchange stock price index fell by 0.84%. Due to the recent US threat of imposing tariffs on European countries, European stock markets fell sharply overnight, spreading negative sentiment to Japan, causing the two main stock indexes in Tokyo to open lower on the 20th. At the same time, Japanese government bond yields rose sharply, with investors worried about overvaluation of stocks. Technology and semiconductor-related stocks were sold off, with companies like Advantest, Tokyo Electron, and SoftBank Group seeing significant declines, dragging down the market. By the close, the Nikkei index fell by 592.47 points to 52991.10 points, while the TOPIX index fell by 30.80 points to 3625.60 points. Looking at the sectors, most of the 33 industry sectors on the Tokyo Stock Exchange fell, with the service industry, securities and commodity futures trading industry, and transportation machinery sectors leading the decline.
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