Japan's Nikkei 225 index drops nearly 1% due to tech stock declines, offset by gains in exporters.

Japan's Nikkei 225 index fell nearly 1% on Monday, impacted by declines in technology stocks, particularly those tied to the semiconductor sector like Advantest and Tokyo Electron. Concerns about competition from a Chinese AI startup also weighed on tech-related shares. Despite initial buying momentum after the Bank of Japan's meeting, the market's gains were reversed. Exporters like Toyota gained, providing some support. The broader TOPIX index ended slightly positive.

2 months ago
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