Nikkei closes slightly lower

Japan share market closed down after moving in narrow range on Wednesday, 16 July 2014, halting a two-day rally, following mixed night in the US after the Fed's warning over stretched valuations in some equity sectors. The Nikkei 225 index slipped 0.10%, or 15.86 points, to finish at 15,379.30, while the Topix index of all first-section shares was flat, slipping 0.01%, or 0.09 points, to 1,273.59. Overall volume came to just 1.85 billion shares, the lightest since July 7, as the market participants were in wait-and-see mode pending the start of major corporate earnings announcements beginning next week.

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