Tokyo stocks turned higher Monday, pushed up by buybacks and "buying the dip" activities. The 225-issue Nikkei average of the Tokyo Stock Exchange climbed
Tokyo stocks fell back in directionless trading Wednesday on the back of profit-taking, despite starting off on a strong note. The 225-issue Nikkei average
Tokyo stocks continued to drop Monday, reflecting a Wall Street fall late last week and profit-taking pressure.
The 225-issue Nikkei average of the Tokyo Stock Exchange shed 276.97 points, or 0.97%, to close at 28,242.21. On Friday, the benchmark index lost 179.08 points.
The Topix index of all first section issues ended 11.12 points, or 0.60%, lower at 1,845.49, following a 16.67-point decline the previous trading day.
The Tokyo market succumbed to strong selling pressure from the outset, in response to drops in all three major U.S. stock gauges Friday, with the Nikkei giving up more than 400 points at one point in early trading.
The market, however, managed to cut some of its losses later in the morning, thanks to buying on dips and anticipation for the Bank of Japan’s purchases of exchange-traded funds, brokers said.
Tokyo stocks dropped back Friday, pressured by selling to lock in gains after the recent bull run. The 225-issue Nikkei average of the Tokyo Stock Exchange
The Nikkei surged to extend its winning streak to a fifth session Thursday, rewriting a 31-year high above 28,500. The 225-issue Nikkei average of the Toky