Japan stocks open lower; Nikkei 225 drops 0.71% as tech and large caps weigh

Japanese equities opened in the red on June 12, mirroring weak global cues and profit-taking in heavyweight sectors. The Japan 225 Index (Nikkei) declined 0.71% to 38,149.44, leading the fall among major Asian markets.

The TOPIX Index, which covers a broader swath of Tokyo-listed firms, fell 0.40% to 2,777.66, while the TOPIX 100 Index, which tracks Japan’s largest blue-chip companies, was down 0.48% at 1,891.36.

The Tokyo Stock Exchange Prime Market Index also slipped 0.40% to 1,429.47, reflecting a broad-based retreat in investor sentiment.

The downside came as traders continued to digest geopolitical concerns and awaited further clarity on global trade policies, especially following former U.S. President Donald Trump’s recent tariff-related remarks. Investors are also cautious ahead of upcoming policy announcements from the Bank of Japan.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should consult certified financial advisors before making any investment decisions.