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Tokyo stocks close down after three-day winning streak | Malay Mail

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TOKYO, July 7 ― Tokyo stocks closed lower today as investors locked in profits after three straight days in positive territory, while cautiously assessing the impact of deadly floods and landslides on local economies. The key Nikkei 225 index fell 0.44 per cent, or 99.75 points, to 22,614.69...

The key Nikkei 225 index fell 0.44 per cent, or 99.75 points, to 22,614.69 while the broader Topix index was down 0.34 per cent, or 5.44 points, at 1,571.71. — Reuters pic

Despite gains in US and European shares overnight, Japanese stocks had a breather as investors took money off the table after three days in the green, brokers said. A survey released by Japan's internal affairs ministry early today showed May household spending in the world's third-largest economy fell 16.2 per cent from a year earlier, logging the worst drop since Tokyo began collecting the data in 2000.

 

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Tokyo stocks open lower after three-day winning streak | Malay MailTOKYO, July 7 ― Tokyo stocks opened lower today after three straight days in positive territory as investors cashed in on recent gains, with a lack of fresh buying incentives. The key Nikkei 225 index fell 73.22 points, or 0.32 per cent, to 22,641.22 in early trade while the broader Topix index...
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