market: On Tuesday, the key market gauge advanced 225.46 points, according to The Japan Times. The Topix index of all first-section issues shed 0.64 point, or 0.05 percent, to finish at 1,330.75, after rising 14.29 points the previous day. The 225-issue Nikkei average lost 41.42 points, or 0.25 percent, to end at 16,681.89. Stocks got off to a weaker start and extended losses toward the middle of the morning session, with the Nikkei average briefly losing nearly 170 points. The market fallback was led by clothing store chain operator Fast Retailing, a heavily weighted component of the Nikkei average, Nintendo, the developer of smash-hit smartphone game app Pokemon Go, and Nintendo-related issues, according to brokers. Profit-taking pushed down the market after the Nikkei average surged more than 1,600 points, or over 10 percent, in the past six sessions, brokers said.
(news.financializer.com). As
reported in the news.
Tagged under market, morning session topics.