{
  "id": 16573325,
  "title": "Tokyo stocks mixed on AI losses, fund rotation lending support",
  "url": "https://urgent.news/2026/10/26/tokyo-stocks-mixed-on-ai-losses-fund-rotation-lending-support",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-26T08:01:42.000Z",
  "source": {
    "name": "The Mainichi",
    "slug": "the-mainichi",
    "url": "https://mainichi.jp/english/articles/20261026/p2g/00m/0bu/033000c"
  },
  "original_language": "en",
  "account": "Tokyo stocks closed mixed on Monday, with AI-related shares dragging sentiment, despite fund rotation into other sectors keeping most areas steady. The 225-share Nikkei Stock Average fell 503.51 points, or 0.80 percent, to 62,189.65, while the broader Topix index gained 7.17 points, or 0.18 percent, to 3,972.98. On the Prime Market, mining and oil and coal product shares led the rise, while nonferrous metal and electric appliance stocks declined. The U.S. dollar hovered near the 157 yen mark in Tokyo, as traders awaited new signals. Concerns about the profitability and longevity of massive AI investments impacted several AI and semiconductor-linked shares. However, most sectors experienced gains, thanks to stronger earnings growth among Japanese firms. Certain sectors that typically profit from higher oil prices, such as oil shares and general trading companies, were among the top gainers. Equity strategist Toshikazu Horiuchi of IwaiCosmo Securities Co. noted that the market's underlying sentiment remained solid, as investors rotated funds within the stock market. Traders were waiting for cues from policy meetings by the U.S. Federal Reserve, the European Central Bank, and the Bank of Japan, as well as earnings reports from major AI-related firms in the U.S. and Japan.",
  "summary": "TOKYO (Kyodo) -- Tokyo stocks ended mixed Monday, as lingering concerns over artificial intelligence-related shares weighed on sentiment, although fun",
  "key_points": [
    "Tokyo stocks closed mixed on Monday",
    "AI-related shares dragged sentiment",
    "Fund rotation supported most sectors"
  ],
  "editors_take": "Investor anxiety regarding the long-term profitability of artificial intelligence is driving a shift toward sectors with stronger earnings growth, signaling a broader rotation within the Japanese equity market.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}