Japan’s Nikkei tumbles over 3% as chip stocks slide

TOKYO, (UrduPoint / Pakistan Point News / WAM - 28th Jul, 2026) Japan's Nikkei share average fell more than ​3 percent on Tuesday, dragged down by ‌heavy losses in chip-related stocks after their ​US peers closed lower overnight.

The ⁠Nikkei was down 3.59 percent at 62,599.14 as of 00:34 GMT, while the broader Topix ‌was lower 2.44 percent at 3,966.87.