Japan`s Nikkei falls on tech selloff, posts second weekly drop
Friday, January 30, 2026       14:30 WIB

Published on 01/30/2026 at 02:17 am EST
(Reuters) - Japan's Nikkei share average ended lower on Friday and posted a second straight weekly decline, as investors sold heavyweight technology stocks to book profits.
The Nikkei fell 0.1% to close at 53,322.85 in choppy trade. The index rose as much as 0.4% and fell as much as 0.85%.
It was down 1.75% for the week, but up 4.6% for the month.
The broader Topix rose 0.59% to 3,566.32 but posted a 1.7% weekly decline.
"Investors sold technology stocks to book profits today," said Takamasa Ikeda, a senior portfolio manager at GCI Asset Management.
"The yen weakened against the dollar, and that could be positive for stocks, but these days those two assets' moves are not correlated."
Chip-testing equipment maker Advantest fell 5% after a seven-session winning run to drag the Nikkei the most. Advantest shaved 336 points off the Nikkei, which fell by 53 points.
Nomura Research tanked 17.31% to become the worst percentage loser on the Nikkei.
"The market scooped up stocks with strong outlook," said Shigetoshi Kamada, general manager at the research department at Tachibana Securities.
Casio Computer jumped 16.27% to become the top percentage gainer on the Nikkei, after the calculator maker said its annual net profit might double.
Fujitsu gained 5% after the computer maker raised its annual net profit forecast by 93%.
Of the more than 1,600 stocks trading on the Tokyo Stock Exchange's prime market, 71% rose, 25% fell and 3% traded flat.
($1 = 153.5500 yen)
(Reporting by Junko Fujita; Editing by Subhranshu Sahu and Mrigank Dhaniwala)

Sumber : Reuters