Tokyo's Nikkei Closes Down
Tuesday, 5 February 2019 13:26 WIB | MARKET UPDATE |Nikkei 225IndeksTopix

Tokyo's stocks closed down Tuesday after three straight gains as several blue-chips including Uniqlo operator Fast Retailing faced heavy selling pressure.

The Nikkei 225 index fell 0.19 percent, or 39.32 points, to 20,844.45, but the broader Topix index rose 0.10 percent or 1.55 points to 1,582.88.

Most Asian markets were closed for Lunar New Year, though Japanese, Australian and New Zealand traders started the day taking a positive lead from Wall Street.

Wall Street stocks rose again on Monday, partly due to reassurances from the Federal Reserve of a cautious approach to further interest rate hikes, positive commentary by Beijing and Washington on trade talks and a solid earnings season.

Source: AFP

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