[DAILY TRADING] Nikkei 225, 24 June 2026 – Holds Near 69,400 After Chip-Led Rout Pushes Index Below 70,000
The Nikkei 225 index opened 24 June 2026 near 69,600 and retreated to around 69,400 by 02:41 UTC. That follows Tuesday’s 3.55% close at 69,788.38,[1] the Nikkei’s sharpest decline in more than a week, after a global selloff in semiconductor stocks erased the all-time highs above 72,800 reached on 22 June 2026. All prices reference the Vantage Japan Index Cash CFD (JPY) feed as of 02:41 UTC, 24 June 2026. This is not financial advice.
Key Points
- The Vantage Nikkei 225 CFD was near 69,400 at 02:41 UTC on 24 June 2026, recovering partially after Tuesday’s 3.55% slide broke below the 70,000 level the index had first breached on 16 June.
- A chip-led selloff swept Asia on 23 June 2026: South Korea’s KOSPI dropped nearly 10%,[2] SoftBank Group fell 5.8%, and Kioxia tumbled over 15%,[3] dragging the Nikkei share index down 3.55% and snapping eight sessions of gains.[1]
- On the 15-minute chart, the 200-period MA sits at 69,294 and the 50-period MA is at 71,315 – the latter above current price. The RSI reads 47.73, having rebounded from oversold conditions during Tuesday’s selloff, though it remains below its moving-average overlay of 58.18.
What the Nikkei 225 chart shows
The 15-minute Vantage Nikkei 225 CFD chart covers 19 to 24 June 2026. Price advanced from the low-71,000 area on 19 June 2026 to a session high near 73,600 on 21 June, trading predominantly above both moving averages throughout the rally. The 200-period MA (71,315) remains upward sloping but has started to flatten following the recent selloff.
The sharp break came on 23 June 2026. A series of large red candles dropped price from the 72,000 area through 70,000 to a low near 68,400, accompanied by a volume spike visible in the histogram. RSI plunged below 20 at the session trough before recovering.
At the chart timestamp, price is testing the 200-period MA (69,294) from above after rebounding from Tuesday’s selloff, with the 50-period MA at 71,315 as the overhead reference. The RSI reads 47.73, while its moving-average overlay is 58.18. Momentum has recovered from oversold conditions but remains below the RSI average, indicating that bullish momentum has not yet fully re-established itself.

What drove the Nikkei 225 today
Tuesday’s session was a deleveraging event concentrated in AI-linked and semiconductor stocks. The selloff accelerated after heavy losses in South Korean semiconductor stocks: SK Hynix and Samsung Electronics each fell around 5% on profit-taking,[4] and the KOSPI dropped nearly 10%, triggering circuit breakers twice.[2] Contagion spread quickly. In Japan, SoftBank Group fell 5.8%, Furukawa Electric lost 4.6%, and Kioxia – the flash memory giant – dropped over 15%.[3] Across the Nikkei 225, 184 stocks declined against 41 advancers.[3]
The broader context matters for reading Nikkei 225 news in this period. The index has risen roughly 84% over the past 12 months,[5] driven by foreign inflows into Japan’s AI infrastructure buildout, a historically weak yen amplifying export earnings, and the Bank of Japan’s June rate hike to 1%, the highest since 1995, which markets absorbed without a major yen rally.[7] Tuesday’s move was a sharp pullback within that trend, not a reversal of its structural drivers. Learn how to trade top indices at Vantage Markets in this guide.
Key levels on the Nikkei 225 index today
Reference zones as of 02:41 UTC, 24 June 2026. These are observational levels, not trade signals.
| Level | Role | Notes |
| 68,400 | Primary support | 23 Jun selloff low; Vantage CFD |
| 69,295 (200-period MA) | Immediate dynamic support | Price testing from above; Vantage CFD |
| 70,000 | Initial resistance | Breached on 23 Jun; now overhead |
| 71,316 (50-period MA) | Major resistance | Upward sloping but flattening; Vantage CFD |
Table 1: Vantage Nikkei 225 CFD levels as of 02:41 UTC, 24 June 2026. Source: TradingView. Indicative only.
What to watch
- Micron earnings, 24 June: Any signal of weakening AI memory demand could extend pressure on semiconductor-linked Nikkei stocks. A strong result would likely relieve near-term selling.
- US core PCE, 27 June 2026: The Fed’s preferred inflation gauge. A reading above consensus reinforces the current ‘no cuts in 2026’ market pricing, affecting the yen-dollar dynamic that underpins Nikkei export earnings.
- 70,000 level: The immediate intraday reference. The 70,000 level had not been reached in the modern era before the June breakout. Whether price can recover this zone, or stalls below it, is the key observation for the 24 June session.
This session is headline-driven and volatile. The Nikkei 225 dropped over 3,400 points from its 22 June 2026 all-time high to Tuesday’s close in roughly 24 hours. Stop Loss placement around 68,400 (session floor) and 70,000 (overhead reference) is relevant given the intraday range. Traders holding positions across correlated indices should review combined exposure, as Asia-Pacific semiconductor moves are tracking together closely.
Leverage works in both directions. A 3.55% single-session Nikkei 225 move translates proportionally on a leveraged CFD position. Reviewing position sizing relative to account equity ahead of Micron’s earnings is worth considering given the potential for an outsized reaction in Asia-Pacific markets.

RISK WARNING: CFDs are complex financial instruments and carry a high risk of losing money rapidly due to leverage. You should ensure you fully understand the risks involved and carefully consider whether you can afford to take the high risk of losing your money before trading.
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References
[1] “Japan Stock Market Index (JP225) – Trading Economics” https://tradingeconomics.com/japan/stock-market Accessed on 24 June 2026.
[2] “Korean stocks trigger circuit breakers; SK Hynix and Samsung plunge 12%, Kioxia tumbles over 15% – TradingKey” https://www.tradingkey.com/analysis/stocks/more/261984032-stock-kospi-nekki-kioxia-samsung-skhynix-tradingkey Accessed on 24 June 2026.
[3] “Japan’s Nikkei slides to one-week low as profit-taking hits tech stocks – The Standard” https://www.thestandard.com.hk/finance/article/335358/Japans-Nikkei-slides-to-one-week-low-as-profit-taking-hits-tech-stocks Accessed on 24 June 2026.
[4] “Asia stocks slide as AI rally cools; Korea tumbles on chip selloff – Investing.com/Reuters” https://in.investing.com/news/stock-market-news/asia-stocks-slide-as-ai-rally-cools-korea-tumbles-on-chip-selloff-5465687 Accessed on 24 June 2026.
[5] “Nikkei 225 Historical Data – Investing.com” https://www.investing.com/indices/japan-ni225-historical-data Accessed on 24 June 2026.
[6] “Nikkei 225 crosses 72,000 as Japan’s AI infrastructure wave outpaces US markets – TechTimes” https://www.techtimes.com/articles/318818/20260622/nikkei-225-crosses-72000-japans-ai-infrastructure-wave-outpaces-us-markets.htm Accessed on 24 June 2026.
[7] “Bank of Japan hikes rates to 1%, highest since 1995 – CNBC” https://www.cnbc.com/2026/06/16/boj-rate-hike-historic-inflation.html Accessed on 24 June 2026.