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Tokyo shares finish decrease monitoring Wall Street losses

TOKYO, July 20 (Xinhua) — Tokyo stock closed decrease on Thursday, 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 405.51 factors, or 1.23 p.c, from Wednesday to shut the day at 32,490.52.

The broader Topix index additionally skilled a decline by shedding 18.07 factors, or 0.79 p.c, to complete at 2,260.90.

While Wall Street losses, which considerably impacted semiconductor-related shares, solid downward strain on the Tokyo market, cautious sentiment additionally prevailed Thursday as a result of upcoming earnings announcement season.

On the Prime Market, shares in most sectors declined, with the precision instrument, electrical equipment and equipment shares main the losses.

Issues that fell outpaced those who rose by 1,264 to 497, whereas 74 ended the day unchanged.

The turnover on the third buying and selling day of the week shrank to 2.96 trillion yen (21.25 billion U.S. {dollars}).

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