Announcement Sunday: Points and Trading

announcement sunday: On Friday, the key market gauge rose 45.23 points. ; The Topix, including all first-section issues, finished down 16.04 points, or 0.99 percent, at 1,603.55, after gaining 2.18 points the previous trading day, according to The Japan Times. Stocks were hit by selling from the outset of Monday's trading, as a risk-off mood grew in the wake of Pyongyang's announcement Sunday that it successfully detonated a hydrogen bomb that can be mounted on an intercontinental ballistic missile, brokers said. The benchmark Nikkei 225 average lost 183.22 points, or 0.93 percent, to close at 19,508.25. But after the initial selling ran its course, the market turned static with investors refraining from active trading, remaining deep in negative territory for the rest of the day, they said. Traders retreated to the sidelines to seer reactions by the United States, China and Russia, in particular, the official added. As always seen after nuclear tests by North Korea in the past, a wait-and-see mood prevailed in the Tokyo market, said an official of a bank-affiliated securities company, suggesting that the impact of the sixth blast by the reclusive nation on the market may be short-lived. (news.financializer.com). As reported in the news.

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