Nikkei falls on profit taking

The Japan share market closed down on Wednesday, 21 December 2016, weighed down by profit booking in the afternoon following an earlier rally that came after following stellar gains on Wall Street overnight. Total 28 out of 33 TSE industry category on the main section declined, with Precision Instruments, Electric Power & Gas, Iron & Steel, Construction, and Pharmaceutical issues being notable losers. The 225-issue Nikkei average shed 50.04 points, or 0.26%, to end at 19,444.49. The Topix index of all first-section issues closed down 7.42 points, or 0.48%, at 1,544.94. Falling issues outnumbered rising ones 1,417 to 471 in the TSE's first section, while 113 issues were unchanged. Volume rose to 2.102 billion shares from Tuesday's 1.929 billion shares.

Powered by Capital Market - Live News