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    Japan's Nikkei ends lower as uncertainties in Middle East conflict weigh

    Synopsis

    Nikkei experienced a decline on Friday due to Middle East tensions. The index closed lower after initial gains. Fast Retailing and KDDI saw drops. Nintendo was the worst performer. Advantest and Lasertec rose significantly. Overall, more stocks fell than rose on the Tokyo Stock Exchange. Investors are watching developments in the Middle East and US tariff plans.

    Japan's Nikkei ends higher despite Middle East conflict; Advantest soarsReuters
    Nikkei experienced a decline on Friday due to Middle East tensions.
    Japan's Nikkei share average gave up early gains to end lower on Friday, as geopolitical risks surrounding the Middle East conflict weighed on sentiment.

    The Nikkei fell 0.22% to 38,403.23, after rising as much as 0.4% earlier in the session. The index rose 1.5% for the week.

    The broader Topix fell 0.75% to 2,771.26 but posted a 0.54% weekly gain.

    "With the absence of market-moving catalysts, uncertainties surrounding the Middle East tensions dragged investor sentiment," said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities.

    The White House said on Thursday that U.S. President Donald Trump will make a decision within the next two weeks whether to support Israel in its ongoing conflict with Iran.

    "On top of the uncertainties about the conflict in the region, the outlook of the U.S. tariff plans remains unclear," said Arisawa.

    Uniqlo-brand owner Fast Retailing fell 1.8%, dragging the Nikkei the most. Phone company KDDI fell 1.72%.

    Game maker Nintendo slipped 4.11% to become the worst percentage loser on the Nikkei.

    Chip-related shares rose, with Advantest jumping 4.2% to become the biggest support to the Nikkei. Lasertec rose 4.97% to become the top percentage gainer on the Nikkei.

    Machinery maker Amada rose 4.43%

    Of more than 1,600 stocks trading on the Tokyo Stock Exchange's prime market, 27% rose and 69% fell, while 3% traded flat.


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    (You can now subscribe to our ETMarkets WhatsApp channel)

    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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