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Japanese Nikkei Index Closes Down 1.82%

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Tokyo, October 13 (QNA) - Japan's Nikkei index closed lower on Tuesday as a selloff in AI-related stocks gathered pace after weakness in US chip shares, ​while geopolitical tensions further dampened risk sentiment.

The benchmark Nikkei 225 fell 1.82% to 67,777.52 points in early trade, recording its fourth consecutive session of decline.

The broader Topix rose 0.14% to 4,110.67.

Kioxia Holdings plunged 13.28%, Kokusai Electric fell 9.53%, and Sumco slid 8.64%.

In contrast, Pan Pacific International led the list of best performers of the session by a 4.01% increase, followed by Sumitomo Corp rising by 3.79%, and Kawasaki Kisen Kaisha by 3.53%. (QNA)

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