TOKYO, Oct. 11 (Xinhua) — Tokyo shares closed blended on Wednesday as profit-taking buyers moved to lock in good points after sharp rises the earlier buying and selling day.
Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average ended up 189.98 factors, or 0.60 p.c, from Tuesday to shut the day at 31,936.51.
The broader Topix index, in the meantime, completed 4.35 factors, or 0.19 p.c, decrease at 2,307.84.
Market watchers right here mentioned Wednesday’s market noticed notable shopping for in semiconductor-related shares akin to Tokyo Electron, Advantest and Lasertec, on expectations that the market has bottomed out, as buyers right here wager on favorable performances by Japanese companies forward of quarterly monetary outcome releases.
However, the shopping for was offset by strikes to lock in good points, with promoting in transport shares akin to Yusen Logistics and transportation firm Kawasaki Kisen, which had risen sharply the day gone by.
On the top-tier Prime market, gainers had been led by rubber product and precision instrument points, whereas primary decliners had been marine transportation and iron and metal points.
Issues that fell outpaced those who rose by 1,408 to 380, whereas 49 ended the day unchanged.