Market Days

: On Tuesday, the key market gauge advanced 166.96 points, according to The Japan Times. The Topix index of all first-section issues gave up 17.73 points, or 1.28 percent, to close at 1,362.07, after rising 13.79 points the previous day. The 225-issue Nikkei average lost 279.25 points, or 1.62 percent, to end at 16,955.73, the first close below 17,000 in three market days. Selling hit the Tokyo market right after the opening bell, on the heels of overnight falls in U.S. and European stock markets. Moreover, poor performance of heavyweight components of the Nikkei average, including clothing retailer Fast Retailing and mobile communications carrier Soft Bank, dampened overall investor sentiment, they said. The yen appreciation against the dollar and other major currencies fueled moves to dump shares in automakers, electronics firms and other export-oriented companies, brokers said. (news.financializer.com). As reported in the news.