HighNegative
Announced Tue, 7 Jul · 08:22 IST
Japan's Nikkei falls as Samsung-led chip selloff weighs on regional tech stocks
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Japan's Nikkei fell 1.35% to 68,798.93 as a Samsung Electronics-led selloff in chip stocks dragged down regional tech shares, with Kioxia dropping 10.86%, Advantest down 0.64%, and Tokyo Electron losing 1.85%. South Korea's KOSPI slumped more than 5% after Samsung forecast a 19-fold jump in second-quarter operating profit that disappointed investors seeking a stronger outlook. Japanese banking and value stocks gained, with Mitsubishi UFJ up 3% and Toyota rising 1.45%.