market gauge: On Thursday, the key market gauge jumped 171.26 points, according to The Japan Times. The Topix index of all first-section issues closed down 6.64 points, or 0.42 percent, at 1,558.05, after gaining 11.60 points the previous day. The 225-issue Nikkei average shed 95.63 points, or 0.49 percent, to end at 19,469.17. Stocks came under pressure from selling to lock in profits after the Nikkei average surged about 460 points in the three sessions through Thursday. Buying was held in check prior to the weekend and a speech by U.S. Federal Reserve Chair Janet Yellen in Chicago later Friday, they said. Investor sentiment was dampened by a fall in U.S. equities Thursday following the previous day's surge, brokers said.
(news.financializer.com). As
reported in the news.
Tagged under market gauge, topix index topics.