Nikkei falls on profit-taking

The Japan share market finished session lower on Thursday, 03 August 2017, pushed down by profit-taking after recent market gains attributed to brisk corporate earnings reports. Market reactions were muted as beleaguered Japanese Prime Minister Shinzo Abe announced a new cabinet, dumping arch-conservatives and embracing critical voices. Electric appliance, transportation equipment and bank-linked stocks comprised those that declined the most by the close of play. The Nikkei 225 fell 50.78 points, or 0.25%, to close at 20,029.26. The TOPIX index of all first-section issues finished down 0.56 point, or 0.03%, at 1,633.82.

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