Bank of Japan and Topix Index

Tokyo stocks: On Tuesday, the key market gauge shed 86.02 points, according to The Japan Times. The Topix index of all first-section issues ended down 7.39 points, or 0.53 percent, at 1,384.30, after slumping 10.14 points the previous day. The 225-issue Nikkei average lost 62.79 points, or 0.36 percent, to close at 17,290.49. Tokyo stocks attracted buying at the beginning of Wednesday trading as investors took heart from an overnight rise in the Dow Jones industrial average and the yen weakening against the dollar. Stocks moved weaker for the rest of the day as active purchases were held in check before the U.S. Federal Reserve and the Bank of Japan announce the results of their policy-setting meetings on early Thursday morning and afternoon Japan time, respectively, brokers said. After the initial buying ran its course, however, selling to lock in gains pushed down the key market gauges to negative territory. (news.financializer.com). As reported in the news.