TOKYO, Aug. 6 (Xinhua) -- Tokyo stocks closed mixed Thursday, with technology shares retreating after the previous day's sharp gains, while hopes for progress toward a deal to reopen the Strait of Hormuz and robust corporate earnings results released during the session lent support to the market.
The benchmark 225-issue Nikkei Stock Average ended down 617.18 points, or 0.93 percent, from Wednesday at 65,683.26.
The broader Topix index, meanwhile, finished 9.68 points, or 0.24 percent, higher at 4,055.85.
Semiconductor- and artificial intelligence-related stocks weighed on the market, following overnight declines in their U.S. counterparts. However, falling crude oil prices helped ease inflation concerns and provided some support for equities.
The pause in the yen's rise against the U.S. dollar after its sharp surge following currency interventions by Japanese and U.S. authorities also boosted automakers' shares, analysts said. A weaker yen is generally viewed as favorable for Japanese exporters.
The market pared its losses in the afternoon trading, with the Topix index turning positive, as investors moved to buy shares following strong corporate earnings reports of some companies released during the session. ■
