Asian stocks: Japanese stocks fell 0.8% in the half-day session, with automotive and export stocks softening, while some semiconductor stocks rose against the trend

AASTOCKS
2025.05.14 03:06

Japanese stocks retreated in the morning session, with the market experiencing profit-taking after a strong opening following the rise of U.S. tech stocks. The yen's rebound also negatively impacted export stocks. The Nikkei average index fell by 308 points or 0.8%, closing at 37,874 points.

In the semiconductor sector, DISCO (6146.JP) rose by 8.5%, Advantest (6857.JP) increased by 4%, Tokyo Electron (8035.JP) fell by 0.5%, and SOICHI (6526.JP) and Raytech (6920.JP) rose by 3% and 2%, respectively. Kioxia (285A.JP) rose by 1.9%, while Shin-Etsu Chemical (4063.JP) fell by 1.6%. Fiber optic manufacturer Fujikura (5803.JP) rose by 2.8%, and SoftBank (9984.JP) increased by 4.4%.

In the automotive sector, Nissan (7201.JP), Mitsubishi Motors (7211.JP), and Subaru (7270.JP) fell by 2.6% to 2.8%, while Toyota (7203.JP) dropped by 3.4%. Export stocks Panasonic Holdings (6752.JP) and Sony (6758.JP) fell by 4.2% and 3.2%, respectively, and Nintendo (7974.JP) decreased by 1.9%. Heavy industry stocks Mitsubishi Heavy Industries (7011.JP) and Kawasaki Heavy Industries (7012.JP) fell by 2% and 3.1%, while IHI (7013.JP) rose by 2%, and Mitsui E&S (7003.JP) increased by 4.1%.

In other stocks, banking stock Mitsubishi UFJ Financial (8306.JP) rose by 1.2%. Shipping stock Nippon Yusen (9101.JP) fell by 1.5%. Fast Retailing (9983.JP) rose by 1.2%, and Isetan Mitsukoshi (03099.JP) increased by 2.6%.

The dollar fell against the yen to 147.16