HomeLatestTokyo shares finish decrease following Wall Street losses

Tokyo shares finish decrease following Wall Street losses

TOKYO, Sept. 13 (Xinhua) — Tokyo stock closed decrease on Wednesday, following the sell-off of high-tech shares on Wall Street the day earlier than.

Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average dropped 69.85 factors, or 0.21 p.c, from Tuesday to shut the day at 32,706.52.

The broader Topix index additionally skilled a decline by dropping 1.27 factors, or 0.05 p.c, to complete at 2,378.64.

Following the sell-off of main high-tech shares within the U.S. stock market the day prior to this attributable to considerations about rising rates of interest, promoting prevailed within the Tokyo market. Analysts additionally famous a sell-off specializing in development shares right here as traders waited for the upcoming U.S. shopper value index report.

On the Prime Market, decliners had been led by shares associated to electrical merchandise, building, and precision equipment.

Issues that fell outpaced those who rose by 1,069 to 708, whereas 58 ended the day unchanged.

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