Traders refrained from making significant moves amid growing unrest in China amid the zero-COVID policy with record-high domestic daily Covid-19 cases and the unprecedented COVID restrictions in several cities in China.
At closing bell, the 225-issue Nikkei Stock Average index declined 120.20 points, or 0.43%, to 28,162.83. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 13.69 points, or 0.68%, to 2,004.31.
Shares of semiconductor-related issues declined, with Tokyo Electron falling 1.6% to 45,300 yen, while chip-testing equipment maker Advantest 0.5% to 9,260 yen.
Hakuhodo DY Holdings fell 2.6%, after Japanese authorities searched its office Monday on suspicion of bid rigging for contracts related to test events for last year's Tokyo Olympics.
CURRENCY NEWS: The dollar fetched 138.30-32 yen compared with 139.11-21 yen in New York and 138.78-81 yen in Tokyo at 5 p.m. Friday.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
