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Nikkei drops on profit booking

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Capital Market
Japanese share market closed marginally down after erasing intraday gain on Friday, 05 September 2014, amid caution ahead of the US payroll data, scheduled to be release later on global day. The benchmark Nikkei 225 index ended 0.05%, or 7.50 points, down at 15668.68, after hitting an intraday high of 15792.64 spurred by yen depreciation to six-year low against the dollar and the European Central Bank's surprise rate cut. The Topix index of all first-section shares dropped 0.25%, or 3.18 points, to 1293.21.

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First Published: Sep 05 2014 | 3:15 PM IST

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