Tokyo, 24 June 2026 – Japan’s Nikkei share average extended its decline on Wednesday as investors continued to take profit from technology and semiconductor-linked counters, with renewed United States rate-hike expectations adding pressure to one of Asia’s strongest equity markets.
The latest pullback followed a broader global selloff in technology shares, as investors reassessed whether valuations in artificial intelligence and semiconductor-related stocks had moved too far ahead of near-term earnings delivery. Japan’s market had benefited strongly from the AI infrastructure cycle, with chip equipment makers, electronics groups and automation-linked counters attracting heavy buying in recent months.
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