HomeLatestTokyo shares finish decrease as features locked in after sharp rise

Tokyo shares finish decrease as features locked in after sharp rise

TOKYO, Nov. 16 (Xinhua) — Tokyo shares closed barely decrease Thursday, as traders locked in earnings after the Nikkei index logged its sharpest rise in 13 months the day prior to this.

Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 95.29 factors, or 0.28 p.c, from Wednesday at 33,424.41, snapping a three-day successful streak.

The broader Topix index, in the meantime, completed 4.60 factors, or 0.19 p.c, decrease at 2,368.62.

In the Tokyo market, profit-taking was dominant particularly for high-priced shares as traders sought to money in on features made yesterday when the Nikkei 225 index surged over 2 p.c to regain the 33,000 stage for the primary time in two months, analysts mentioned.

On the top-tier Prime Market, decliners have been led by retail, pharmaceutical and meals points.

Semiconductor-testing system maker Advantest misplaced 87 yen, or 1.8 p.c, to 4,710 yen, whereas medical gear maker Terumo fell 41 yen, or 0.9 p.c, to 4,690 yen, as they have been bought after current surges.

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