Japanese Stock Indices See Mixed Results as Nikkei Drops and Topix Gains

Tokyo: Japanese stock indices closed mixed at the end of trading on Tuesday.

According to Qatar News Agency, the Nikkei index saw a retreat from its all-time high, dropping by 1 percent to close at 59,917.46 points. This decline was largely influenced by the performance of several key stocks.

Advantest, a manufacturer specializing in chip testing equipment, experienced a significant decrease in its share value, falling by 5.56 percent. SoftBank Group, a major player in the field of artificial intelligence investment, also saw its shares decline by 9.9 percent, marking it as the largest negative contributor to the Nikkei index's performance.

Conversely, the broader Topix index demonstrated growth, rising by 0.99 percent to conclude trading at 3,772.19 points. A total of 184 stocks on the Nikkei rose, while 41 declined. Orix shares emerged as the biggest gainers, with an increase of 9.8 percent, contributing positively to the market dynamics.