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The Japanese stock market declined in early trading as uncertainty about the Middle East conflict and energy costs continued. Chip-related stocks led the decline. Lasertec fell 9.8%, SoftBank Group fell 6.1%, and Screen Holdings fell 4.2%. The US dollar was reported at 158.49 yen, and the Tokyo stock market closed at 157.81 yen on Thursday. Investors are watching the company's profits, and Bridgestone is due to announce quarterly results late Friday. The Nikkei Index fell 0.7% to 65,210.13 points.
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The Japanese stock market declined in early trading as uncertainty about the Middle East conflict and energy costs continued. Chip-related stocks led the decline. Lasertec fell 9.8%, SoftBank Group fell 6.1%, and Screen Holdings fell 4.2%. The US dollar was reported at 158.49 yen, and the Tokyo stock market closed at 157.81 yen on Thursday. Investors are watching the company's profits, and Bridgestone is due to announce quarterly results late Friday. The Nikkei Index fell 0.7% to 65,210.13 points.
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