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Japanese Stocks Close Mixed

Economy

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Tokyo, November 12 (QNA) - Japanese stocks closed mixed on Thursday, with the Nikkei 225 falling 0.7% to 60,819.84 points after gaining as much as 0.88% earlier in the session, while the broader Topix edged up 0.2% to 3,937.33.
The Nikkei came under pressure as technology and semiconductor-related shares retreated, with Advantest, a key supplier to Nvidia, falling 4.64% and Ibiden plunging 8.32%, the steepest percentage decline among Nikkei 225 constituents.
Memory chipmaker Kioxia Holdings also reversed earlier gains to end 2.83% lower, while semiconductor equipment maker Tokyo Electron pared its advance to close 0.35% higher.
SoftBank Group likewise surrendered its earlier gains, ending 3.04% lower. Sony Group rose 1.93%, providing the strongest support to the Topix, while Japan Tobacco surged 7.8%.
Of the 225 stocks in the Nikkei 225, 153 advanced and 72 declined. (QNA)

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