Budget Proposal: Points and u.s

budget proposal: On Thursday, the key market gauge gained 12.76 points, according to The Japan Times. The Topix index of all first-section issues closed down 6.84 points, or 0.43 percent, at 1,565.85, after climbing 1.38 points the previous day. The 225-issue Nikkei average lost 68.55 points, or 0.35 percent, to finish at 19,521.59. The weakness came after U.S. stocks lost ground on the heels of U.S. President Donald Trump's budget proposal, which lacked details on his pledged tax cuts and powerful infrastructure spending, brokers said. The market's topside was heavy amid a wait-and-see mood as players were waiting to hear what U.S. Treasury Secretary Steven Mnuchin may have to say about currency and trade issues at the G-20 meeting, said Hideyuki Ishiguro, senior strategist at Daiwa Securities Co. Buying was held in check ahead of a two-day Group of 20 financial meeting in Germany through Saturday, they said. (news.financializer.com). As reported in the news.