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Tokyo stocks close lower on profit-taking | Malay Mail

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TOKYO, Oct 12 — Tokyo stocks edged down yesterday on profit-taking despite US rallies, with investors closely watching the US presidential election campaigns. The benchmark Nikkei 225 index fell 0.26 per cent, or 61.0 points, to close at 23,558.69, while the broader Topix index slipped 0.24 per...

Investors remained cautious ahead of corporate earnings season later this month and are closely watching developments in the US presidential election campaigns, analysts said. — Reuters pic

The benchmark Nikkei 225 index fell 0.26 per cent, or 61.0 points, to close at 23,558.69, while the broader Topix index slipped 0.24 per cent, or 4.03 points, to 1,643.35.“Profit-taking easily emerges at the Nikkei’s current level,” said Shinichi Yamamoto, a broker at Okasan Securities in Tokyo.

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