Media Jepang
Tokyo stocks mixed, tech losses weigh but supported by GDP, Mideast relief
MAINICHI
| Mei 19, 2026
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TOKYO (Kyodo) -- Tokyo stocks ended mixed Tuesday, as investors sold heavyweight technology shares and snapped up issues in laggard sectors amid stronger-than-expected Japanese gross domestic product data and easing concerns over the Middle East conflict.
The 225-issue Nikkei Stock Average ended down 265.36 points, or 0.44 percent, from Monday at 60,550.59. The broader Topix index finished 24.16 points, or 0.63 percent, higher at 3,850.67.
On the top-tier Prime Market, the main gainers were service and insurance issues, while nonferrous metal and precision instrument shares were notable decliners.
The U.S. dollar moved narrowly around the 159 yen line in Tokyo, amid a wait-and-see mood over the outcome of a meeting of finance ministers and central bankers from the Group of Seven.
At 5 p.m., the dollar fetched 159.03-05 yen compared with 158.81-91 yen in New York and 158.92-93 yen in Tokyo at 5 p.m. Monday.
The euro was quoted at $1.1634-1636 and 185.02-06 yen against $1.1651-1661 and 185.10-20 yen in New York and $1.1631-1633 and 184.85-89 yen in Tokyo late Monday afternoon.
The yield on the benchmark 10-year Japanese government bond ended up 0.060 percentage point from Monday's close at 2.800 percent, the highest close since comparable data became available in December 1998.
It followed Prime Minister Sanae Takaichi's remarks Monday that the government will consider compiling a supplementary budget for fiscal 2026 to ease the impact of elevated crude oil prices.
Stocks rose across a broad range of sectors after the GDP data, released before the market opened, showed Japan's economy grew steadily in the January-March period, although the impact of the Middle East crisis has yet to be fully reflected, dealers said.
U.S. President Donald Trump's social media post saying that planned attacks on Iran had been postponed also lifted the market sentiment and sent crude oil prices lower.
However, the Nikkei stock index slipped into negative territory, pressured by profit-taking on heavyweight technology shares tracking losses in U.S. counterparts.
Meanwhile, funds concentrated in artificial intelligence- and semiconductor-related shares were rotated into other sectors, such as financial issues, supporting the Topix index.
"There had been a flow of funds into sectors tied to capital investment, such as data centers and chips, but that trend may be taking a pause for now," said Masahiro Yamaguchi, head of investment research at SMBC Trust Bank, adding that a wait-and-see mood before the release of Nvidia Corp.'s earnings also lingers.
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