In the Asian stock market, the Nikkei average index fell by 174 points or 0.3%, while Kioxia rose by 8%

AASTOCKS
2026.01.16 07:16

Japanese stocks were slightly weak as Prime Minister Fumio Kishida plans to dissolve the House of Representatives. After a new round of "Kishida market," investors took the opportunity to sell for profit, and foreign capital buying stock index futures narrowed the decline in the afternoon session. The Nikkei average index opened down 39 points, rose 20 points in the early stage before turning back, and fell as much as 403 points to a low of 53,706 points, closing down 174 points or 0.3% at 53,936 points.

In the artificial intelligence and semiconductor sector, Kioxia (285A.JP) rose 8.2%, Advantest (6857.JP) rose 1.4%, Disco (6146.JP) and Lasertec (6920.JP) rose 2.5% and 2.1%, while SoftBank (9984.JP) and Tokyo Electron (8035.JP) fell 1%. In the wire sector, Furukawa Electric (5801.JP) and Fujikura (5803.JP) rose 5.6% and 2.4%, while heavy industry stocks Mitsubishi Heavy Industries (7011.JP) and IHI (7013.JP) fell 2.9% and 2.1%.

In the metal sector, JX Metals (5016.JP) rose 2%, while electric power stock Tokyo Electric Power Company (9501.JP) fell 3.3%. In other stocks, Fast Retailing (9983.JP) fell 2.1%, Ryohin Keikaku (7453.JP) and Mitsubishi Corporation (8058.JP) fell 2%, Rakuten Group (4755.JP) and Hitachi (6501.JP) fell 2.8% and 2.9%, and Sanrio (8136.JP) fell 5.4%. Mitsubishi UFJ Financial Group (8306.JP) rose 0.9%, Panasonic (6752.JP) and Sumitomo Corporation (8053.JP) rose 2.2% and 2.5%, while rare earth concept Mitsui Ocean Development (6269.JP) fell 9.7%.

The USD/JPY exchange rate is 158.39