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Nikkei falls from 4-week high on profit-taking

Weak US economic data sours sentiment

Reuters Tokyo

Japan's Nikkei average fell on Wednesday after hitting a four-week closing high the previous day, as investors took profits after weak US economic data soured sentiment.

The Nikkei ended 0.5% lower at 14,970.97. The broader Topix index slipped 0.7% to 1,225.35, with only 1.9 billion shares changing hands, the smallest volume since mid-December.

The JPX-Nikkei Index 400, an index launched this year comprising firms with high return on equity and strong corporate governance, dropped 0.7% to 11,081.54.

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First Published: Feb 26 2014 | 12:20 PM IST

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