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As on : 08-Jan-2026
Market Commentary - Foreign Markets
08-Jan-2026     17:02

Japan's Nikkei drops 1.63%

Japanese markets tumbled as trade friction with China weighed on chemical stocks and data showed real wages fell in November 2025 at the fastest pace since January 2025.

The Nikkei average dipped 1.63 percent to 51,117.26 while the broader Topix index closed 0.77 percent lower at 3,484.34.

Shin-Etsu Chemical shares slumped 4 percent as China launched an anti-dumping probe into Japanese chipmaking chemicals.

Technology stocks also lost ground, with semiconductor-linked names such as SoftBank, Advantest and Tokyo Electron falling 2-8 percent.

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