TOKYO, Dec. 18 (Xinhua) — Tokyo shares ended decrease Wednesday for the fourth straight buying and selling day, amid warning earlier than the result of a U.S. Federal Reserve coverage assembly.
Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 282.97 factors, or 0.72 p.c, from Tuesday at 39,081.71.
The broader Topix index, in the meantime, completed 8.33 factors, or 0.31 p.c, decrease at 2,719.87.
On the stock market, buyers took a wait-and-see strategy forward of the result of the Fed’s coverage assembly on Wednesday, with the market specializing in the central financial institution’s tempo of anticipated rate of interest cuts, analysts mentioned.
Meanwhile, automakers had been extensively purchased after studies of potential merger talks between two Japanese carmakers Honda Motor and Nissan Motor.