Nikkei 225 Option Report 2023-12-05

nikkei225 options

Japan’s Nikkei share average touched a three-week low on Tuesday, as an overnight rise in U.S. Treasury yields drove a heavy sell-off in Advantest and other chip-related stocks. “Investors unwound high-technology stocks in today’s session. Those shares had been bought amid declines of U.S. yields,” said Naoki Fujiwara, senior fund manager at Shinkin Asset Management. Most of the Nikkei’s top percentage losers were chip-related, with Advantest losing 5.41%, Tokyo Electron falling 3.5% and Screen Holdings slipping 4.5%. Renesas Electronics lost 4.55%. The broader Topix slipped 0.74% to 2,345.22. (Reporting from Reuters)