"Asian Stocks" Nikkei fluctuated and rose 39 points in the half-day session, with pharmaceutical stocks performing well, while semiconductor equipment and automotive stocks weakened

AASTOCKS
2025.12.23 03:28

The yuan rose over 0.4% during the Asian session, while the dollar against the yen fell to 156.31. The Nikkei index opened 27 points lower this morning (23rd) and initially rose by 142 points, reaching a high of 50,544 points before encountering resistance, and at one point fell by 66 points to a low of 50,335 points before stabilizing, closing up 39 points or less than 0.1% at 50,442 points.

Pharmaceutical stocks performed well, with Shionogi (4507.JP), Sumitomo Pharma (4506.JP), and Takeda Pharmaceutical (4502.JP) rising by 2.4% to 3.1%.

SoftBank (9984.HK) slightly retraced by 0.3% after a sharp rise of about 4% the previous day. Semiconductor equipment stocks were weak, with Tokyo Electron (8035.JP), Soitec (6526.JP), and Nvidia supplier Advantest (6857.JP) falling by 0.9% to 1.9%.

Major automotive stocks were sluggish, with Mitsubishi Motors (7211.JP), Honda (7267.JP), Toyota (7203.JP), Nissan (7201.JP), Suzuki (7269.JP), and Mazda (7261.JP) declining by 0.6% to 1.8%