Samsung Electronics Co Ltd005930
Mentioned
The Nikkei Average fell sharply for a second day, closing at 68,256.96, down 1,480.73 points from the previous session. Investor sentiment soured after shares of Samsung Electronics tumbled despite reporting earnings that beat market expectations, and the selling spread to AI and semiconductor-related stocks in Tokyo. Rising domestic long-term interest rates also weighed on the market, while caution grew over selling pressure to fund ETF distributions. Trading value on the Tokyo Stock Exchange Prime Market reached 11.4351 trillion yen, and declining issues accounted for 49.5 percent of the total.
Samsung Electronics Co Ltd