PT Rifan Financindo Berjangka - The Nikkei 225 Index fell 2% to below 40,300 while the broader Topix Index dropped 1.3% to 2,878 on Thursday, with Japanese shares sliding to multi-week lows and extending a selloff in global chip stocks.
Those moves came amid reports that the Biden administration is considering to expand trade restrictions and impose tougher sanctions on firms exporting critical chipmaking equipment to China. Sentiment also took a hit after US presidential candidate Donald Trump, who is currently the favorite to win November's election, stated that Taiwan should be paying the US for defense.
Domestically, data pointed to an unexpected trade surplus for Japan in June as exports growth outpaced imports. Losses in the local technology sector were led by Tokyo Electron (-10%), Disco Corp (-8.8%), Lasertec (-5.9%), Advantest (-4.4%) and Screen Holdings (-10%). In corporate news, Honda Motor fell 2.2% after pricing its secondary offering of its common stock at a 3% discount from Wednesday's closing price. PT Rifan Financindo Berjangka.
Source: Trading Economics
No comments:
Post a Comment