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Tokyo stocks extended gains Thursday, getting a boost from broad-based advance on Wall Street. The 225-issue Nikkei average of the Tokyo Stock Exchange wen
Tokyo stocks fell back Monday, hit by broad-based profit-taking selling. The 225-issue Nikkei average of the Tokyo Stock Exchange dropped 289.33 points, or
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JIJI May 24, 2021
Tokyo stocks continued to climb for the third straight trading day Monday, as strong overseas economic indicators and the start of mass vaccinations against COVID-19 in Japan boosted market sentiment.
The 225-issue Nikkei average of shares listed on the first section of the Tokyo Stock Exchange rose 46.78 points, or 0.17%, to close at 28,364.61, after climbing 219.58 points Friday.
The Topix index of all TSE first-section issues finished up 8.35 points, or 0.44%, at 1,913.04, following an 8.77-point advance the previous trading day.
Tokyo stocks turned down Monday, pressured by profit-taking and weaker U.S. index futures.
The 225-issue Nikkei average of the Tokyo Stock Exchange shed 259.64 points, or 0.92%, to finish at 27,824.83, after rallying 636.46 points Friday.
The Topix index of all TSE first section issues ended 4.56 points, or 0.24%, lower at 1,878.86, following a 34.38-point rise the previous market day.
The market opened higher, in the wake of all three major U.S. price indexes including the Dow Jones Industrial Average extending gains Friday. But it soon met with selling to lock in profits.
A downturn in Dow futures in off-hours trading also dampened sentiment.