Tokyo stocks close lower in cautious trade | Malay Mail

Japanese shares were weighed down by falls on Wall Street, but some investors sought bargain-hunting purchases, Okasan Online Securities chief strategist Yoshihiro Ito said in a commentary. — AFP pic

The benchmark Nikkei 225 index slipped 1.00 per cent or 229.99 points to close at 22,880.62, while the broader Topix index ended down 0.90 per cent or 14.53 points at 1,599.20. “As there is no particular reason to sell, falls in the Nikkei are being seen as prompted by short-term speculative moves,” he noted.In Tokyo, chip-linked shares were lower, with semiconductor-testing equipment maker Advantest dropping 3.59 per cent to ¥5,100 and chip-making equipment manufacturer Tokyo Electron down 3.32 per cent at ¥27,770.

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