Media Jepang
Tokyo stocks end mixed on profit-taking, retailers limit falls
MAINICHI
| Desember 4, 2024
8 0 0
0
TOKYO (Kyodo) -- Tokyo stocks ended mixed Wednesday, as selling to lock in profits after sharp rises the previous day was offset by apparel retailers that gained on robust sales data.
The 225-issue Nikkei Stock Average finished up 27.53 points, or 0.07 percent, from Tuesday at 39,276.39, rising for a third straight day. The broader Topix index finished 12.98 points, or 0.47 percent, lower at 2,740.60.
On the top-tier Prime Market, gainers were led by retail and oil and coal product shares, while top decliners were bank and electric power and gas issues.
The U.S. dollar rose to the mid-150 yen range in Tokyo, rebounding from a seven-week low of 148.65 yen overnight when the safe-haven yen was sought as the South Korean president's martial law declaration stoked concerns about regional political uncertainty.
The yen was sold after the declaration was lifted hours later and the situation in South Korea was believed to be a domestic political issue rather than a more serious problem involving North Korea, dealers said.
At 5 p.m., the dollar fetched 150.39-42 yen, compared with 149.58-68 yen in New York and 150.01-02 yen in Tokyo at 5 p.m. Tuesday.
The euro was quoted at $1.0508-0509 and 158.05-09 yen against $1.0504-0514 and 157.18-28 yen in New York and $1.0497-0498 and 157.47-51 yen in Tokyo late Tuesday afternoon.
The yield on the benchmark 10-year Japanese government bond ended at 1.050 percent, down 0.025 percentage point from Tuesday's close.
The stock market was directionless throughout the day amid few fresh trading cues. The Nikkei was pressured by selling after the index jumped over 700 points Tuesday to top 39,000 for the first time in three weeks.
"Tuesday's solid gains prompted the Nikkei to break the wall of 39,000, creating a level of concern that it had risen too fast," said Kazuo Kamitani, a strategist in the Investment Content Department of Nomura Securities Co.
Buying of major retailers limited the downside after Uniqlo apparel chain operator Fast Retailing Co. and Ryohin Keikaku Co., owner of the Muji stores brand, reported favorable domestic sales as cold weather boosted clothing purchases in November.
komentar
Jadi yg pertama suka