Japan’s Nikkei index reversed early gains, closing down 0.14% as investors cashed in on a tech rally. While AI shares initially surged, profit-taking dominated the afternoon session. SoftBank Group and Sony Group saw significant movements, with SoftBank announcing a stock split and strong profits after market close. The broader Topix managed a slight increase.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets