Tokyo, April 17 (Jiji Press)–Japanese stocks fell back Friday due to selling to lock in profits after rising for three consecutive days through Thursday, with the key Nikkei 225 average losing more than 1,000 points. The index of 225 selected issues listed on the Tokyo Stock Exchange’s Prime section closed at 58,475.90, down 1,042.44 points, or 1.75 pct, from Thursday. The broader TOPIX index finished down 53.65 points, or 1.41 pct, at 3,760.81. Major U.S. stock indexes gained ground Thursday, backed by investor hopes for progress in peace talks between the United States and Iran. From the outset of Friday’s trading, however, Japanese stocks came under selling amid a sense of overheating, market sources said. END [Copyright The Jiji Press, Ltd.]
Nikkei Loses More Than 1,000 Points on Profit-Taking
Related Posts
G-20 Finance Chiefs’ Meeting Ends without Joint Statement
Washington, April 16 (Jiji Press)–A meeting of finance ministers and central bank governors from the Group of 20 major economies was held in Washington on Thursday, but it did not produce a joint statement. The G-20 finance officials discussed the impact on
JAMSTEC to Run Japan’s Next Antarctic Research Vessel
Tokyo, April 17 (Jiji Press)–The Japanese government plans to have the Japan Agency for Marine-Earth Science and Technology, or JAMSTEC, own and operate the successor to the Antarctic research vessel Shirase, officials said Thursday. The current vessel, slated to retire in 2034,
