Analysts: Japanese Stocks Fall to Two-Week Low Amid Risk-Off Sentiment

TechFlow news, August 19, driven by risk-off sentiment, the Nikkei 225 Index fell 3.2%, closing at 65,326.42 points, hitting the lowest closing price since August 4. StoneX Senior Market Analyst Matt Simpson said in a comment: "Rising bond yields, higher oil prices, and renewed geopolitical concerns have all dampened investor enthusiasm." He added: "The sell-off in technology and semiconductor stocks was particularly significant." Among the worst-performing individual stocks in Japan's benchmark index, electronics manufacturer Furukawa Electric Co. fell 14%, memory chip manufacturer Kioxia Holdings fell 13%, and AI giant SoftBank Group fell 10%. (Jin10)