Nikkei Slips Again, Investors Start to Get Nervous
The Nikkei 225 closed down 1.03% to 49,001.5 on Thursday (December 18, 2025), marking its lowest close in about three weeks. The broader Topix index also weakened 0.37% to 3,356.89.
The main pressure came from heavily weighted technology stocks, as the market reassessed the prospects for AI and data center businesses—whether massive spending in these sectors would truly yield quick returns. This negative sentiment was also carried over from Wall Street, which also recently weakened, leading investors to reduce risk.
From a fundamental perspective, market players are now holding back due to a busy week of central bank announcements, particularly from the Bank of Japan, which is expected to further tighten policy. If the BoJ signals a more hawkish tone, the market typically becomes more cautious, as the cost of money could rise and the valuations of growth/technology stocks become more vulnerable. (az)
Source: Newsmaker.id