financetom
Market
financetom
/
Market
/
Japan's Nikkei edges lower as Advantest, SoftBank Group drag
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's Nikkei edges lower as Advantest, SoftBank Group drag
Nov 3, 2025 7:40 PM

TOKYO, Nov 4 (Reuters) - Japan's Nikkei share average

eased on Tuesday in choppy trade, weighed down by declines in

Advantest ( ADTTF ) and SoftBank Group, although strong outlook-driven

gains in some technology stocks helped limit losses.

The Nikkei was down 0.1% at 52,361.14 by the midday

break. The broader Topix rose 0.38% to 3,344.48.

Chip-testing equipment maker Advantest ( ADTTF ) lost 3.63%

and technology investor SoftBank Group fell 1.33%,

dragging the index the most.

"The Nikkei went up and down today, but sentiment was strong

as seen in the gains of the Topix index," said Shuutarou Yasuda,

a market analyst at Tokai Tokyo Intelligence Laboratory.

"The market momentum was supported by the strong performance

of U.S. technology stocks such as Amazon ( AMZN )," he said.

The S&P 500 and the Nasdaq closed higher on Monday, with

artificial intelligence-related deals driving much of the gains.

Amazon ( AMZN ) rose 4% after announcing a $38 billion deal

with OpenAI.

Japan's stock market was closed for a public holiday on

Monday.

On Tuesday, Tokyo Electron ( TOELF ) jumped 3.95% after the

chip-making equipment maker on Friday hiked its operating profit

forecast by 2.8% for the year ending March 2026.

Sumitomo Electric, a gauge for investments for AI

data centres, surged 12.73% after the cable maker raised its

annual net profit forecast by 18.7% to 230 billion yen ($1.53

billion).

Other decliners included chip-related Socionext ( SOCNF ),

which tanked 19.54% after flagging its annual net profit would

fall 65.8% to 6.7 billion yen.

Of more than 1,600 stocks trading on the Tokyo Stock

Exchange's prime market, 67% rose, 30% fell, while 2% traded

flat.

($1 = 150.7800 yen)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Health Care
Sector Update: Health Care
Mar 10, 2026
01:24 PM EST, 12/01/2025 (MT Newswires) -- Health care stocks declined Monday afternoon, with the NYSE Health Care Index decreasing 0.7% and the Health Care Select Sector SPDR Fund (XLV) falling 1%. The iShares Biotechnology ETF (IBB) dropped 1.8%. In corporate news, UnitedHealth ( UNH ) has reached an agreement to sell its South American business Banmedica to private equity...
Sector Update: Energy
Sector Update: Energy
Mar 10, 2026
01:16 PM EST, 12/01/2025 (MT Newswires) -- Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index up 0.7% and the Energy Select Sector SPDR Fund (XLE) rising 1.1%. The Philadelphia Oil Service Sector Index was climbing 1.3%, and the Dow Jones US Utilities Index was falling 1.8%. Front-month West Texas Intermediate crude oil was rising 1.1% to...
Sector Update: Tech Stocks Mixed Monday Afternoon
Sector Update: Tech Stocks Mixed Monday Afternoon
Mar 10, 2026
01:30 PM EST, 12/01/2025 (MT Newswires) -- Tech stocks were mixed Monday afternoon with the Technology Select Sector SPDR Fund (XLK) edging up 0.2% and the SPDR S&P Semiconductor ETF (XSD) easing 0.2%. The Philadelphia Semiconductor index increased 0.5%. In corporate news, Strategy (MSTR) set up a $1.44 billion reserve in dollars to support dividend payments on its preferred stock...
US Equity Indexes Decline, Treasury Yields Surge in Midday Trading
US Equity Indexes Decline, Treasury Yields Surge in Midday Trading
Mar 10, 2026
01:27 PM EST, 12/01/2025 (MT Newswires) -- US equity indexes headed for the first decline in six trading sessions in midday trading on Monday amid a surge in government bond yields. The Dow Jones Industrial Average declined 0.4% to 47,522.1, with the S&P 500 down 0.2% to 6,837.4 and the Nasdaq Composite 0.1% lower at 23,338.7. Last week, on the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved