tokyo stocks: On Tuesday, the key market gauge lost 34.99 points, according to The Japan Times. The Topix index of all first-section issues closed down 4.79 points, or 0.31 percent, at 1,550.25, after edging up 0.14 points the previous day. The 225-issue Nikkei average lost 90.12 points, or 0.47 percent, to end at 19,254.03. In the absence of major trading incentives, Tokyo stocks came under the pressure of selling to lock in profits after posting gains last week. Investors refrained from buying stocks actively, waiting for the Fed's two-day policy-setting meeting from Tuesday and the U.S. government's February jobs data to be announced on Friday, brokers said. A fall in the U.S. equities on Tuesday and a halt to the yen's weakening against the dollar also weighed on the Tokyo market.
(news.financializer.com). As
reported in the news.
Tagged under tokyo stocks, topix index topics.