policy meeting: On Monday, the key market gauge declined 124.08 points. ; The Topix, which covers all first-section issues, finished down 4.50 points, or 0.28 percent, at 1,617.07 after falling 8.42 points Monday, according to The Japan Times. Both indexes dropped for the third consecutive session. The Nikkei 225 average lost 20.47 points, or 0.10 percent, to close at 19,955.20. The Nikkei stayed in positive territory for most of the morning, intermittently rising above the 20,000 threshold. Investors retreated to the sidelines to confirm the result of the U.S. Federal Reserve's two-day policy meeting through Wednesday, brokers said. But after losing steam later to end the morning lower, the key index drifted mostly at levels below the previous day's closing in the afternoon.
(news.financializer.com). As
reported in the news.
Tagged under policy meeting, market gauge topics.