Market Gauge: Points and Stocks

market gauge: On Monday, the key market gauge shed 183.22 points. ; The Topix, which covers all first-section issues, finished 12.84 points, or 0.80 percent, lower at 1,590.71 after falling 16.04 points Monday, according to The Japan Times. Stocks got off to a firmer start on the yen's easing before the market opening, but soon fell into the negative side, while their topside was capped by fears about additional provocations by North Korea, which conducted a nuclear test Sunday, brokers said. The Nikkei 225 average lost 122.44 points, or 0.63 percent, to close at 19,385.81. Stocks were met with selling by individual investors, amid a dearth of fresh trading incentives. The overall market was dragged down by a fall in stocks in the TSE's Mothers and Jasdaq markets for startups, where some issues were affected by the Chinese government's decision to tighten regulations on virtual currencies, said Ryuta Otsuka, a strategist in the investment information department at Toyo Securities Co. In addition, the yen failed to support stocks as it became stronger after its early weakness, brokers said. (news.financializer.com). As reported in the news.

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