Japan Nikkei falls on profit booking
Capital Market The Japan share market finished session down on Wednesday, 17 January 2018, after touching a 26-year high in the previous session, as the yen's firmness against the U.S. dollar and the overnight sluggishness of U.S. equities prompted investors to book profit. However, market's downside was capped by stronger-than-expected readings in Japan's machinery orders data for November. Among TSE 33 sectors, shares of Mining, oil and coal product, and iron and steel-related issues were notable losers. The 225-issue Nikkei Stock Average dropped 83.47 points, or 0.35%, to 23,868.34. The broader Topix index of all First Section issues on the Tokyo Stock Exchange lost 3.43 points, or 0.18%, to 1,890.82.
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