Tokyo – SABA:
Japan’s Nikkei index closed lower on Friday, ending a three-session winning streak, as investors engaged in profit-taking following significant gains in the previous session. A stronger yen also weighed on market sentiment.
According to Reuters, the Nikkei index of the Tokyo Stock Exchange fell0.79% to39,149.43 points at closing but recorded a 1.74% gain for the week.
On Thursday, the Nikkei had surged over 1%, marking its biggest single-day rise in three weeks. Meanwhile, the broader Topix index erased slight gains during the session and ended 0.23% lower at 2,759.21 points.
The Japanese yen strengthened slightly against the U.S. dollar, rising 0.21% to 152.5 yen per dollar.
Japan’s Nikkei index closed lower on Friday, ending a three-session winning streak, as investors engaged in profit-taking following significant gains in the previous session. A stronger yen also weighed on market sentiment.
According to Reuters, the Nikkei index of the Tokyo Stock Exchange fell0.79% to39,149.43 points at closing but recorded a 1.74% gain for the week.
On Thursday, the Nikkei had surged over 1%, marking its biggest single-day rise in three weeks. Meanwhile, the broader Topix index erased slight gains during the session and ended 0.23% lower at 2,759.21 points.
The Japanese yen strengthened slightly against the U.S. dollar, rising 0.21% to 152.5 yen per dollar.