The Tokyo stock market experienced a notable decline on the 14th, with the Nikkei Stock Average dropping by more than 600 points. This downturn followed a six-day streak of gains, where the index had been steadily rising until the 13th.
Investors are reacting to the recent price increases by selling off shares to secure profits. Additionally, the foreign exchange market has seen the Japanese yen strengthen against other currencies, which has led to increased selling pressure on export-related stocks. A stronger yen can make Japanese goods more expensive for overseas buyers, potentially impacting profits for exporters.
Source: www3.nhk.or.jp