{"id":18058,"date":"2025-03-11T02:59:08","date_gmt":"2025-03-11T02:59:08","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=18058"},"modified":"2025-03-11T02:59:08","modified_gmt":"2025-03-11T02:59:08","slug":"tech-stocks-drag-nikkei-down","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/tech-stocks-drag-nikkei-down\/","title":{"rendered":"Tech Stocks Drag Nikkei Down"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/download-5-1-1-1024x559.png\" alt=\"\" class=\"wp-image-16609\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nikkei 225 closed at 36,164.15, down 0.47%, hitting a session low of 35,969.15.<\/strong><\/li>\n\n\n\n<li><strong>Tech stocks led the decline, mirroring Wall Street\u2019s overnight losses.<\/strong><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Nikkei 225 Extends Decline Amid Weak Global Sentiment<\/h2>\n\n\n\n<p>The <strong>Nikkei 225 dropped 0.47% on Tuesday, closing at 36,164.15<\/strong>, as traders pulled back from risk assets amid a tech-led selloff. The index <strong>reached an intraday high of 36,402.15 before sliding to a low of 35,969.15<\/strong>, extending its downward trajectory from previous sessions.<\/p>\n\n\n\n<p>Market sentiment remained cautious, reflecting <strong>weakness in global equities<\/strong>, particularly in the United States, where inflation concerns and trade tensions fueled volatility.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Japan\u2019s biggest brokers are having second thoughts about selling so-called structured loans to regional lenders <a href=\"https:\/\/t.co\/7uRxuqcB6s\">https:\/\/t.co\/7uRxuqcB6s<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1899235244907123109?ref_src=twsrc%5Etfw\">March 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technology Stocks Lead the Drop<\/h2>\n\n\n\n<p>The selloff in <strong>technology stocks<\/strong> dragged the market lower, with <strong><a href=\"https:\/\/asia.nikkei.com\/Business\/Tech\/Semiconductors\/Tokyo-Electron-ups-net-profit-outlook-to-2.28bn-on-China-demand\">semiconductor and electronics firms<\/a><\/strong> facing pressure as traders reduced exposure to the sector, mirroring declines in US chip stocks. <strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-10\/softbank-backed-self-driving-firm-wayve-nears-commercial-debut\">Telecommunications and investment firms<\/a><\/strong> also saw losses, as traders moved to secure profits following recent rallies.<\/p>\n\n\n\n<p>Meanwhile, <strong><a href=\"https:\/\/evrimagaci.org\/tpg\/smbc-nikko-upgrades-fast-retailing-investment-rating-257327\">consumer and retail stocks<\/a><\/strong> followed the broader market downturn, reflecting cautious sentiment. In contrast, <strong>industrial and defensive sectors<\/strong> provided some stability, with select stocks in manufacturing and consumer staples posting modest gains.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>The <strong>Nikkei 225<\/strong> is down <strong>0.47%<\/strong>, reflecting ongoing selling pressure. The index <strong>opened at 36,335.65 and closed at 36,164.15<\/strong>, with a <strong>high of 36,402.15 and a low of 35,969.15<\/strong>. The <strong>moving averages (5, 10, 30) are sloping downward<\/strong>, confirming the bearish trend, while the <strong>MACD remains in negative territory<\/strong>, signaling continued downside momentum.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/1_image-8-1024x446.jpg\" alt=\"\" class=\"wp-image-18059\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: Nikkei 225 extends losses as bearish momentum builds, as seen on the <\/em><em><a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WAhttps:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WAhttps:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WAhttps:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a><\/em><\/p>\n\n\n\n<p>For potential recovery, <strong>resistance is seen near 36,400<\/strong>, and a break above this level could signal a move toward <strong>36,700-37,000<\/strong>. However, if the decline continues, <strong>support at 35,969<\/strong> will be crucial, as a break below could open the door for further losses toward <strong>35,800<\/strong>. Traders should watch for <strong><a href=\"https:\/\/t.co\/a9xtIV7aBi\">global market sentiment<\/a><\/strong><strong>, U.S. economic data, and <\/strong><strong><a href=\"https:\/\/t.co\/jL2rhrFQjJ\">Bank of Japan policy updates<\/a><\/strong>, as these will impact future movements.<\/p>\n\n\n\n<p>With <strong>the index now trading near its lowest levels since September 2024<\/strong>, traders are focused on upcoming <strong><a href=\"https:\/\/t.co\/dgEVk1wrGW\">US inflation data <\/a><\/strong><strong>and <\/strong><strong><a href=\"https:\/\/t.co\/IwWIABsvYD\">central bank decisions<\/a><\/strong>, which could dictate future market direction.<\/p>\n\n\n\n<p>If the selloff in global tech stocks continues, the <strong>Nikkei 225 could test further downside levels<\/strong>, with support around <strong>35,900<\/strong>. However, any stabilisation in <strong>US equity markets<\/strong> may provide relief to Japanese stocks in the short term.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a><\/strong><strong> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nikkei 225 slides as tech and semiconductor stocks decline, while industrial and defensive sectors offer some stability. &#8211; vtmarkets.com <\/p>\n","protected":false},"author":64,"featured_media":16609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[30],"class_list":["post-18058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-nikkei"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/18058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=18058"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/18058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/16609"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=18058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=18058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=18058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}