Japanese markets fall notably

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The Nikkei average gave up 0.66 percent to close at 40,799.60 while the broader Topix index settled 0.19 percent higher at 2,948.65.
Chip-equipment maker Tokyo Electron plummeted 18 percent after slashing its profit forecast, saying it now sees slower-than-expected recovery in demand from logic chipmakers.
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First Published: Aug 01 2025 | 4:46 PM IST