At closing bell, the 225-issue Nikkei Stock Average declined 5.91 points, or 0.03%, to 23,290.86. The broader Topix index of all First Section issues on the Tokyo Stock Exchange fell 0.75 point, or 0.03%, to 1,624.48.
Total 20 issues of the 33 industry category of Topix index ended into red territory, with Textiles & Apparels, Real Estate, Foods, Nonferrous Metals, Electric Power & Gas, and Pharmaceutical issues being notable losers, while Marine Transportation, Mining, Warehousing & Harbor Transportation Services, and Information & Communication issues were notable gainers.
ECONOMIC NEWS: Japan Services Producer Price Inflation Climbs In July- Japan's services producer price inflation accelerated in July, data from the Bank of Japan showed Wednesday. The corporate services producer price index advanced 1.2% on a yearly basis in July, faster than the 0.9% increase seen in June. This was the highest rate in four months. On a monthly basis, the services PPI inflation rose to 0.4% from 0.3% in June. Excluding international transportation, services producer price inflation climbed to 1.3% from 1% a month ago. Month-on-month, the index gained 0.4% in July.
CURRENCY: The Japanese yen traded at 106.43 per dollar after seeing an earlier high of 106.32 against the greenback.
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