TOKYO, Dec. 30 (Xinhua) — Tokyo shares ended decrease on Monday, the ultimate buying and selling day of 2024, as markets have been weighed down by declines on Wall Street late final week and buyers moved to lock in features after the benchmark Nikkei index soared the earlier buying and selling day.
Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 386.62 factors, or 0.96 %, from Friday at 39,894.54.
The broader Topix index, completed 16.76 factors, or 0.60 %, decrease at 2,784.92.
Japanese monetary markets can be closed from Tuesday by Sunday for the New Year holidays.
Stocks stayed principally in destructive territory amid sluggish buying and selling forward of the year-end and New Year holidays, with the Nikkei index falling beneath the 40,000-point psychological threshold after the benchmark gained greater than 1,200 factors over the previous three buying and selling days and closed at a five-month excessive on Friday, analysts mentioned.
For the entire 12 months 2024, the Nikkei index logged a 19 % rise from 2023, ending at its highest degree on report on the again of stable firm earnings and a weaker yen boosting export-oriented points.