tokyo market dips slightly amid asml earnings anticipation

2025-07-16 general

tokyo, Wednesday, 16 July 2025.
the tokyo stock exchange saw a marginal decline of 0.04%, closing at 39,663.40 yen. this dip occurred amid anticipation for asml holding’s financial results. semiconductor stocks bucked the trend, showing buying interest. us market decline in the dow jones industrial average put downward pressure on major stocks. despite the overall lack of clear direction, advantest stood out, marking its tenth consecutive day of gains. the tokyo stock price index (topix) also experienced a downturn, falling by 0.21%.

broader market trends

The decline in the Nikkei was partly attributed to a fall in the U.S. Dow Jones Industrial Average, which created selling pressure on major stocks [1]. Banking and insurance stocks also faced selling pressure in the Tokyo market, mirroring trends in the U.S. due to rising long-term interest rates, which negatively impacted real estate stocks [1]. The JPX Prime 150 index also saw a decrease, dropping by 0.07% to close at 1229.83 [1].

semiconductor sector resilience

Semiconductor stocks demonstrated strength, influenced by the previous day’s gains in U.S. tech stocks such as Nvidia [1][6]. Tokyo Electron and Fujikura saw increases, while Advantest experienced its tenth consecutive day of gains [1]. This positive movement in semiconductor stocks highlights the sector’s potential as a key driver for market performance, especially with ongoing developments in AI and related technologies [2][3]. However, the market experienced volatility in semiconductor stocks following the ASML earnings release [1].

expert opinions and market outlook

Daiwa Securities’ chief strategist, Hirohide Tsuboi, noted that the market is re-evaluating risks associated with potential interest rate hikes following the U.S. Consumer Price Index (CPI) data [5]. This has led to selling in economically sensitive stocks such as banks [5]. Ichiyoshi Asset Management’s president, Mitsushige Akino, raised concerns about a potential ‘Japan selling’ trend if the yen continues to weaken despite rising domestic interest rates, particularly if opposition parties gain influence in the upcoming upper house election, potentially leading to increased long-term interest rates and downward pressure on Japanese stocks [5].

individual stock performance

Specific stocks showed varied performance [1]. Shiseido, Rohm, and Honda experienced declines, while Toho, Asahi, and IHI saw gains [1]. Rohm’s recent financial results indicated a challenging fiscal year, with a decrease in sales by 4.1% and a net loss of 50 billion yen, attributed to reduced revenue from industrial equipment and the automotive market [1][4]. However, the company anticipates a return to profitability in the next fiscal year due to changes in depreciation methods [4].

market activity and trading volume

Trading activity on the Tokyo Stock Exchange’s Prime Market showed a total value of approximately 4.3945 trillion yen with 1.56937 billion shares traded [1]. There were 994 declining issues versus 568 advancing ones, with 64 remaining unchanged [1]. These figures indicate a slightly bearish sentiment prevailing in the market [1]. Investors should monitor upcoming U.S. economic data releases and Federal Reserve officials’ speeches for further market direction [7].

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