Tokyo stocks close down on profit-taking

SourceGulf Today
SectorFinancial Markets
CountryGCC

Picture used for illustrative purpose. File Tokyo stocks closed lower on Tuesday as investors locked in profits after three days of rallies and digested the implications of a new government to be formed later this week. The benchmark Nikkei 225 index fell 0.44 per cent, or 104.41 points, to 23,454.89 while the broader Topix index lost 0.62 per cent, or 10.26 points, to 1,640.84. "It's natural to see profit-taking" after the Nikkei index rose for a third straight ...read more...