Nikkei closes below 20K level on profit-taking, geopolitical concerns
Capital Market The Japan share market finished session down on Thursday, 06 July 2017, as profit taking triggered on tracking negative lead from Wall Street overnight, with a dour market mood compounded by ongoing geopolitical concerns centered on the Korean Peninsula. Oil and coal product, mining and rubber product-linked issues comprised those that declined the most by the close of play. The 225-issue Nikkei Stock Average dropped 87.57 points, or 0.44%, to 19,994.06, marking the first closing below the psychologically important 20,000 line since June 16. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 3.10 points, or 0.19%, to finish the day at 1,615.53.
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