Nikkei and Points

day: The Tokyo market got off to a mixed start, according to The Japan Times. The Nikkei rose on the strength of higher semiconductor-related stocks after the tech-heavy Nasdaq index rewrote its record high on Tuesday, while the Topix met with profit-taking after the previous day's sharp rally took back more than it lost Monday. The 225-issue Nikkei average of the Tokyo Stock Exchange inched down 9.24 points, or 0.03%, to close at 28,874.89, after rocketing 873.20 points Tuesday. ; The Topix index of all first section issues ended 10.39 points, or 0.53%, lower at 1,949.14, following a gain of 60.08 points the day before. Stocks weakened in the afternoon as investors sold on the rally, pulling down the Nikkei to around the previous day's close. The Nikkei was capped at around 29,000, as it has been for a while, Maki Sawada, strategist at Nomura Securities Co., said. The market then struggled for direction amid a dearth of new market-moving factors. (news.financializer.com). As reported in the news.

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