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Nikkei falls on profit booking, soft offshore lead

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Capital Market
The Japan share market declined for second straight session on Tuesday, 29 November 2016, as investors continued locking gains after the benchmark index hit 11-months high at the end of last week and on tracking negative lead from Wall Street overnight and a pause in the yen's recent weakening.. Total 20 out of 33 TSE industry categories on the main section declined, with Insurance, Iron & Steel, Securities & Commodities Futures, and Glass & Ceramics Products being major losers, while Fishery, Agriculture & Forestry, Chemicals, and Foods issues being notable gainers. The benchmark Nikkei 225 index dropped 0.27%, or 49.85 points, to close at 18,307.04, while the broader Topix index of all first-section issues lost 0.07%, or 1.01 points, to 1,468.57.

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First Published: Nov 29 2016 | 3:14 PM IST

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