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Japan Nikkei end softer on profit taking

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Capital Market
Japan share market finished session slight lower on Tuesday, 22 May 2018, as investors opted to lock in profits following the benchmark Nikkei stock index's three-day winning streak and yen's rise versus the U.S. dollar. With Japanese companies' full-year earnings releases priced in by the market, investors were waiting for new catalysts. Most of TSE33 issues declined, with insurance, metal product and mining-linked issues comprised those that declined the most. The 225-issue Nikkei Stock Average lost 42.03 points, or 0.18%, to 22,960.34. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 4.18 points, or 0.23%, lower at 1,809.57.

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First Published: May 22 2018 | 7:50 PM IST

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