Japanese equities decline as technology stocks remain under pressure
Mumbai, Aug. 6 -- Japanese equity markets ended lower on Thursday, with the Nikkei 225 Index declining 0.93% to close at 65,683. The market gave up part of the previous session's gains as technology and semiconductor stocks remained under selling pressure amid continued concerns over the outlook for the artificial intelligence (AI) sector.
Several companies linked to the global AI supply chain witnessed sharp declines as investors booked profits and reassessed valuations. SoftBank Group also fell ahead of its quarterly earnings announcement, with investors looking for updates on the company's AI-related investments and future growth prospects.
The decline in the market came despite supportive global developments. Oil prices eased furthe...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.