Japan's Nikkei falls as Kioxia tanks, mitigated by gains in Tokyo Electron

Business Recorder • Nov 2, 2026

TOKYO: Japan’s Nikkei share average traded lower on Monday as memory chip maker Kioxia tanked, while gains in Tokyo Electron and other firms with strong outlooks limited the losses. The Nikkei fell 0.31% to 63,095.11 by the midday break. The broader Topix los...

TOKYO: Japan’s Nikkei share average traded lower on Monday as memory chip maker Kioxia tanked, while gains in Tokyo Electron and other firms with strong outlooks limited the losses. The Nikkei fell 0.31% to 63,095.11 by the midday break. The broader Topix lost 0.84% to 3,931.61. “There were negative factors such as Wall Street’s fall last week and Kioxia’s earnings,” said Kazuaki Shimada, chief strategist at IwaiCos...