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المشهد العربي
Japanese stocks slide on profit-taking and AI stock dip
The Japanese market experienced a decline during Wednesday's session, following a period of gains. The Nikkei index decreased by 0.86 percent, reaching 70,074.13 points, after previously hitting its highest level in three months, surpassing seventy thousand points. The Topix index also fell by 0.59 percent to 4,158.89 points, amid widespread selling primarily targeting major technology stocks, as investors moved to lock in profits, especially after recent gains in the artificial intelligence sector. These declines come after an approximately 5 percent rally since the beginning of the month, driven by market volatility and investors taking profits and correcting prices.
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