points briefly: On Wednesday, the bellwether index rose 10.92 points. ; The Topix index of all first-section issues finished down 5.63 points, or 0.36 percent, at 1,540.58, after losing 4.09 points the previous day, according to The Japan Times. It dropped for the third straight day. The 225-issue Nikkei average fell 132.23 points, or 0.62 percent, to end at 21,151.14. After getting off to a weaker start, the Nikkei lost over 200 points briefly in the morning, with the market falling prey to bouts of selling unleashed by the yen's firming, as well as by an overnight drop in U.S. stocks reflecting investor concerns that the U.S.-China trade dispute may drag on, brokers said. The market showed some resilience in the afternoon on the back of buybacks, but was unable to wipe out its earlier loss, with both the Nikkei and the Topix staying in negative territory throughout the day. The trade concerns were fueled by a media report that the U.S. government is considering trade restrictions on more Chinese companies, including major surveillance equipment-maker Hangzhou Hikvision Digital Technology, on top of telecommunications equipment-maker Huawei Technologies, they said.
(news.financializer.com). As
reported in the news.
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