points: On Tuesday, the key market gauge lost 134.98 points. ; Meanwhile, the Topix index of all first-section issues edged up 0.70 point, or 0.05 percent, to end at 1,499.93, after sagging 6.65 points the previous day, according to The Japan Times. The Tokyo market opened lower despite the Dow Jones Industrial Average's 1.2 percent rebound on the New York Stock Exchange on Tuesday amid receded concerns about heightened tensions over currency between the United States and China. The 225-issue Nikkei average closed down 68.75 points, or 0.33 percent, at 20,516.56. Selling outpaced buying in the morning on the back of the yen's strengthening and a fall in U.S. index futures in off-hours trading, brokers said. The market was also underpinned by speculation about the Bank of Japan's purchases of exchange-traded funds, brokers said. But in the afternoon, bargain-hunting gained strength, helping the Nikkei cut its loss and bringing the Topix back into positive territory.
(news.financializer.com). As
reported in the news.
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