Nikkei falls 0.9% on profit booking

Last Updated : Oct 27 2015 | 4:29 PM IST

The Japanese share market retreated from Monday's near two-month closing high on Tuesday, 27 October 2015, as investors opted to lock in gains before central bank meetings in the United States and Japan later this week, as well as a rush of company earnings. Total 31 TSE first-section sector sub-indexes ended down, with Oil & Coal Products, Iron & Steel, Mining, Insurance, Marine Transportation and Nonferrous Metals issues being major losers. The Nikkei Stock Average declined 170.08 points, or 0.9%, to end at 18777.04 points. The broader Topix index lost 1.02%, or 15.88 points, to 1543.11 at the close.

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Nikkei falls 0.9% on profit booking