The flagship Nikkei index lost 0.65% to 27,819.33 points and the broader Topix index dropped 0.17% to 1,933.65 points.
The Tokyo Stock Exchange ended lower on Wednesday, following the decline in technology stocks on Wall Street the day before, as investors nervously awaited US inflation figures.
The flagship Nikkei index lost 0.65% to 27,819.33 points and the broader Topix index dropped 0.17% to 1,933.65 points.
The New York Stock Exchange was particularly concerned on Tuesday regarding the outlook for demand for semiconductors in the face of economic uncertainties and once morest a backdrop of persistent disruptions in supply chains.
The markets were also impatiently awaiting the publication in the United States of the CPI consumer price index, expected later on Wednesday, then producer prices and the consumer confidence index on Thursday and Friday.
If the acceleration of the price increase continues, “it will weigh on stocks, especially in the United States, which are likely to fall significantly”, commented Ayako Sera of Sumitomo Mitsui Trust Bank, quoted by the agency. Bloomberg.
In Hong Kong, the Hang Seng index fell 2.4% around 06:00 GMT.
On the side of values
THE DECOMPOSED COMPONENTS: Japanese stocks linked to semiconductors were at half mast following the collapse on Wall Street of heavyweights in the sector such as Micron Technology or Nvidia: ADVANTEST fell by 3.56% to 8,120 yen, TOKYO ELECTRON by 2.6% to 44,410 yen and SUMCO by 3.38% to 1,884 yen.
Oil and currencies
Oil fell: around 07:00 GMT, the price of a barrel of American WTI dropped 0.94% to 89.65 dollars, and that of a barrel of Brent from the North Sea 0.82% to 95.52 dollars.
On the foreign exchange market, the yen was stable once morest the dollar, which was worth 135 yen around 0045 GMT once morest 135.05 yen on Tuesday at 2100 GMT.
The Japanese currency hardly changed either once morest the euro, at 137.89 yen for one euro once morest 137.93 yen the day before.
The European currency traded for 1.0214 dollars once morest 1.0213 dollars on Tuesday at 9:00 p.m. GMT.
