Ryuta Otsuka: Nikkei and Points

ryuta otsuka: It shed 0.75 point the previous day, according to The Japan Times. The Tokyo market came under selling pressure from the outset, after the Dow Jones industrial average snapped its three-day winning streak on the New York Stock Exchange on Wednesday. The 225-issue Nikkei average lost 122.78 points, or 0.59 percent, to end at 20,751.28, after rising 29.61 points on Wednesday. ; The Topix index of all first-section issues finished down 13.10 points, or 0.83 percent, at 1,569.03. The Nikkei average lost over 200 points in the morning. Short-term players moved to the sell-side after seeing the Nikkei's failure to surpass 21,000 in recent sessions, said Ryuta Otsuka, strategist at the investment information department of Toyo Securities Co. Both the Nikkei and Topix remained in negative territory throughout the session, as profit-taking and position-squaring selling took the upper hand, brokers said. (news.financializer.com). As reported in the news.