Most of the Japanese stocks declined today, as the financial sector stocks were affected by the tension surrounding the US banking system, while the shares of exporting companies got a boost from the decline of the yen.
The share of the brokerage company, “Nomura Holdings,” fell 1.98%, and the share of “Rezona Holdings” for banking services fell 1.03%.
And “Renesas Electronics” shares advanced 3.62%, leading a rally in shares of chip-related companies.
The Nikkei index touched its highest level in 16 months at 29,278.80 points earlier in the session, but at the close it was up only 0.09% at 29,154.22 points, with the number of losers exceeding the gainers.
The broader Topix index fell 0.14% to 2,070.42 points.
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