topix index: On Wednesday, it fell 184.76 points, according to The Japan Times. The Topix index ended down 0.04 point at 1,342.31 after falling 14 points the previous day. The Nikkei average lost 65.76 points, or 0.39 percent, to finish at 16,774.24. The Tokyo market opened firmer thanks to the dollar rise above ¥104 on the back of heightened expectations for an interest rate hike by the U.S. Federal Reserve by the end of the year, brokers said. The Nikkei sank into negative territory toward the morning close and stayed there for the rest of the day. But stocks took a downturn around midmorning in tandem with the dollar, in the wake of Chinese trade figures for September that showed a sharp decline in exports.
(news.financializer.com). As
reported in the news.
Tagged under topix index, tokyo market topics.