Japan Stocks ease on profit booking

The Japan share market closed marginally down on Tuesday, 30 August 2016, due to profit booking after weaker than expected official data on Japan's household spending and unemployment rate for July 2016. Total 17 out of 33 TSE sectors declined with Land Transportation, Information & Communication, Air Transportation, Construction, and Textiles & Apparels issues being major losers, while Nonferrous Metals, Banks, Oil & Coal Products, and Marine Transportation issues registered notable gains. The Nikkei average lost 12.13 points, or 0.07%, to end at 16725.36. The Topic index fell 0.43 point, or 0.03%, to end at 1312.81.

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