wall street: On Wednesday, the key market gauge lost 63.14 points. ; The Topix finished up 11.74 points, or 0.71 percent, at 1,676.17, after losing 8.31 points the previous day, according to The Japan Times. Stocks got off to a firm start as investors took heart from the dollar's overnight firming to top 113 and an upturn on Wall Street on Wednesday, brokers said. The Nikkei 225 rose 96.06 points, or 0.47 percent, to close at 20,363.11. But the Tokyo market's topside became heavy after the spurt at the outset amid growing uncertainty over the outcome of the upcoming House of Representative election, they said. Market participants were unable to step up purchases amid ambiguity over the political situation since popular Tokyo Gov. The Lower House election was set for Oct. 22 after an important Diet session was dissolved shortly past noon on the same day it was convened.
(news.financializer.com). As
reported in the news.
Tagged under wall street, market participants topics.