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The Economic Times
The Economic Times

Japan's Nikkei ends 4% lower as SoftBank tanks on OpenAI IPO delay report

OpenAI Nikkei SoftBank Japan SoftBank Group

Japan's Nikkei share average closed 4% lower on Friday, erasing most of the gains from the previous session, as tech investor SoftBank Group tumbled more than 12% after a report of a delay in OpenAI's initial public offering.

The Nikkei fell 4.15% to close at 69,360.88. In ‌the previous session, ⁠the benchmark ⁠index rose 4.6% to close at a record high.

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