Mainstay Issues: Points and Morning Session

mainstay issues: On Tuesday, the key market gauge gained 49.97 points, according to The Japan Times. The Topix index of all first-section issues closed down 8.41 points, or 0.53 percent, at 1,575.82, after rising 4.23 points the previous day. The 225-issue Nikkei average shed 104.94 points, or 0.53 percent, to finish at 19,814.88. Selling took the upper hand from the outset of Wednesday's trading as the dollar dropped below 113 due partly to sluggish U.S. economic data released on Tuesday, brokers said. Mainstay issues, such as export-oriented names and financial institutions, met with selling, pushing down the Nikkei average more than 150 points early in the morning session. Weak investor sentiment also reflected growing concerns over U.S. President Donald Trump's ability to implement policy measures amid confusion following news reports that he has leaked to Russia highly classified information related to the Islamic State militant group, according to brokers. (news.financializer.com). As reported in the news.

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