Tokyo stocks turn down on profit-taking to wrap up 2020 Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
JIJI Dec 30, 2020
Tokyo stocks fell back slightly on Wednesday to wrap up trading in 2020, succumbing to profit-taking after the previous day’s surge, which lifted the benchmark Nikkei average to the highest closing level in more than 30 years.
The 225-issue Nikkei average of the Tokyo Stock Exchange dropped 123.98 points, or 0.45%, to end at 27,444.17, after surging 714.12 points on Tuesday.
For the whole of 2020, the Nikkei skyrocketed 3,787.55 points, or 16.01%, to mark the highest year-end level in 31 years.
BloombergNeed help? Contact us
To continue, please click the box below to let us know you re not a robot.
Why did this happen?
Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy.
Need Help?
For inquiries related to this message please contact our support team and provide the reference ID below.
Block reference ID:
Tokyo stocks managed to end higher Thursday while trading was lackluster amid a dearth of fresh incentives.
The benchmark 225-issue Nikkei average of the Tokyo Stock Exchange gained 49.27 points, or 0.18%, to close at 26,806.67. On Wednesday, the index rose 69.56 points.
The Topix index of all first section issues closed 5.75 points, or 0.32%, higher at 1,792.58, following a 4.78-point advance the previous day.
The market started almost flat as the U.S. Federal Reserve’s two-day Federal Open Market Committee meeting ended without major surprises Wednesday, brokers said.
The Nikkei soon lost about 80 points, but rose back to the sunny side shortly after that. It drifted in a narrow range for the rest of the morning session following the end of the Fed meeting, the biggest event this week, they added.
Tokyo stocks advance on rosy BOJ data and vaccine hopes japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.