Tokyo, Oct. 15 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average briefly lost more than 3,100 points in Thursday morning trading. High tech-related issues, especially those related to generative artificial intelligence, bore the brunt of the selling following overnight falls in their U.S. counterparts and a wave of selling that hit South Korean semiconductor issues on Thursday. At 11:00 a.m., the index of 225 major issues listed on the Tokyo Stock Exchange’s Prime section plunged 3,161.75 points, or 4.67 pct, from Wednesday’s close to 64,582.54. “Investors have become uneasy amid growing concerns that rising interest rates around the world could dampen information technology-related investment,” an official of a Japanese asset management firm said. END [Copyright The Jiji Press, Ltd.]
