Topix Index: Points Wednesday

topix index: It added 0.66 point the previous day, according to The Japan Times. The market opened higher following a strong rebound on Wall Street Wednesday, but soon turned down and sank deeper into negative territory in the morning, with the benchmark Nikkei average giving up more than 100 points at one point. The 225-issue Nikkei average finished down 18.49 points, or 0.09 percent, at 20,460.93, after gaining 23.34 points Wednesday. ; The Topix index of all issues listed on the Tokyo Stock Exchange's first section lost 0.18 point, or 0.01 percent, to end at 1,490.17. Futures-linked selling gained strength, brokers said, adding that a drop in U.S. Dow Jones futures in off-hours trading also dampened sentiment. While pointing out there was no change in the external environment, Masayuki Otani, chief market analyst at Securities Japan Inc., said, The Bank of Japan may have moved to purchase exchange-traded funds. But stocks recouped lost ground in the afternoon, helping the market gauges move around their previous day's closing levels in late trading. (news.financializer.com). As reported in the news.

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