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Japan’s key stock index snaps 4-day successful streak

TOKYO, Dec. 6 (Xinhua) — Japan’s key stock index ended a four-day successful streak on Friday amid weak investor sentiment following a drop in U.S. stock markets in a single day.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed the day at 39,091.17, down 304.43 factors, or 0.77 %, from the day before today.

The index’s decline briefly exceeded 400 factors through the session as promoting in stock index futures by abroad short-term merchants weighed in the marketplace. Pre-emptive promoting forward of the discharge of U.S. employment information additionally contributed to the decline.

In the afternoon, the Nikkei’s losses deepened, briefly falling beneath the psychological threshold of 39,000 factors. The motion coincided with a stronger yen, which rebounded to the higher 149-yen vary in opposition to the dollar, partly as a consequence of danger aversion linked to political developments in South Korea.

Other key indices additionally declined. The broader Topix fell 15.02 factors, or 0.55 %, to 2,727.22.

On the Tokyo Stock Exchange’s Prime part, declining shares outnumbered advancing ones, with 905 shares down, 677 up, and 62 unchanged.

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