TOKYO, Nov. 21 (Xinhua) -- Tokyo stocks closed lower Thursday as technology issues were sold after the earnings results of U.S. chip giant Nvidia Corp. failed to impress investors, while a stronger yen weighed on exporters.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 326.17 points, or 0.85 percent, from Wednesday at 38,026.17.

The broader Topix index, meanwhile, finished 15.48 points, or 0.57 percent, lower at 2,682.81.

The benchmark Nikkei shed over 400 points at one point, as stocks saw downward pressure from heavyweight semiconductor companies after Nvidia's stock slipped in after-hours trading following the overnight release of its earnings report for the August-October period, which led some investors to worry that Nvidia's profit growth may have already hit its peak, brokers said.

The market was also weighed down by export-oriented automakers and machinery sectors that fell due to the yen's appreciation. Enditem

Related

Go to Forum >>0 Comment(s)