Market Gauge: Points and Shanghai Stocks

market gauge: On Thursday, the key market gauge gained 251.58 points. ; The Topix index of all first-section issues edged down 2.13 points, or 0.14 percent, to close at 1,551.14, after gaining 18.93 points the previous day, according to The Japan Times. The Nikkei stayed in negative territory throughout the session, pressured by profit-taking, the yen's rise against the dollar and a weak performance from Shanghai stocks. The 225-issue Nikkei average fell 62.25 points, or 0.29 percent, to end at 21,275.92 on the Tokyo Stock Exchange. A wait-and-see mood prevailed in the market before the meeting between U.S. President Donald Trump and Chinese counterpart Xi Jinping on Saturday on the sidelines of the Group of 20 summit in Osaka, brokers said. Uncertainty over U.S.-China trade talks kept buying in check, with Trump's economic adviser Larry Kudlow denying a Thursday report in the South China Morning Post that said Washington and Beijing have tentatively agreed to another truce in their trade war, brokers said. Tokyo stocks fell in a negative reaction after the sharp rise the previous day, said Ryuta Otsuka, strategist at the investment information department of Toyo Securities Co. (news.financializer.com). As reported in the news.