The Nikkei average index closed down 510 points or 1%, narrowly holding above 49,000 points
The Nikkei average index fell by 510 points or 1%, closing at 49,001 points. The market expects the Bank of Japan to raise interest rates, and Oracle's AI data center plans have been hindered, raising investment concerns. AI concept and semiconductor stocks generally declined, with SoftBank and Tokyo Electron experiencing significant drops. Some wire stocks, robotics stocks, and heavy industry stocks also saw declines. Toyota and Rakuten Group rose slightly, while Asahi Group's stock price fell by 5.7% due to the high price paid for the acquisition of a brewery in East Africa
