issue index: On Friday, the key gauge rose 127.36 points, according to The Japan Times. The Topix index of all first-section issues ended down 1.61 points, or 0.10 percent, at 1,549.06 after adding 7.95 points the previous trading day. The key 225-issue index lost 9.55 points, or 0.05 percent, to end at 19,391.60 on the Tokyo Stock Exchange. After the Dow Jones industrial average turned slightly lower Friday, the key Tokyo market gauges lost ground on the back of a pause in the yen's fall against other major currencies, brokers said. With overseas investors expected to dwindle further toward the year-end, Tokyo stock price movements will likely remain small, said Masahiro Ichikawa, senior strategist at the Economic Research Department at Sumitomo Mitsui Asset Management Co. Brokers also blamed the market's weakness on the absence of overseas investors, the mainstay buyers of Tokyo stocks, as the Christmas holidays began.
(news.financializer.com). As
reported in the news.
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