Market Committee: Market and Points

market committee: On Thursday, the key market gauge rose 37.02 points. ; The Topix, including all first-section issues, ended down 4.13 points, or 0.25 percent, at 1,664.61, after gaining 0.82 point the previous day, according to The Japan Times. The Tokyo market got off to a firmer start, backed by hopes for further gains in stock prices, brokers said. The Nikkei 225 average fell 51.03 points, or 0.25 percent, to close at 20,296.45. Stocks gradually gave up gains, however, due to the dollar's fallback below 112 yen and selling to lock in profits from the recent advance, leading the key market gauges to slip into negative territory, brokers said. Tokyo stocks took a breather, with investors finding no major buying incentives after the FOMC Federal Open Market Committee meeting of the U.S. Federal Reserve, Ota also said. The market was battered by profit-taking by individual investors ahead of the weekend, Chihiro Ota, general manager for investment research and investor services at SMBC Nikko Securities Inc., said. (news.financializer.com). As reported in the news.

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