Nikkei falls on profit taking

The Japanese share market ended weaker on Monday, 19 October 2015, as investors moved to lock in recent gains after yen strength against greenback and concerns about slower Chinese economic growth after data showed China recorded its slowest pace of growth since 2009 in the third quarter. Total 26 out of 33 TSE first-section sector sub-indexes ended down, with Rubber Products, Nonferrous Metals, Iron & Steel, Wholesale Trade, Mining, Electric Appliances, Rubber Products and Banks issues being major gainers. The Nikkei Stock Average declined 160.57 points, or 0.88%, to end at 18131.23 points, meanwhile the broader Topix index shrank 0.74%, or 11.09 points, to 1494.75 at the close.

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