Japan Nikkei extends losses on profit booking

The Japanese stock market ended lower in the ultimate of lean year-end trading on Thursday, Dec. 30, 2021, extending losses from the previous session, as investors locked in profits ahead of a four-day holiday.

At the closing bell, the 225-number Nikkei Stock Average was down 115.17 points, or 0.4%, at 28,791.71.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange fell 6.66 points, or 0.33%, to 1,992.33. for 2021, the Nikkei rose 4.9% and the broader Topix gained 10.4%.

In total, 27 of the Topix’s 33 industry groups finished lower, with the worst performing issues being fishing, agriculture and forestry (down 1.4%), ground transportation (down 1.1 %), air transport (down 1.1%), textiles and clothing (down 0.7%), and retail trade (-0.7%).

CURRENCY NEWS: The Japanese yen was trading at 115.16 to the dollar, weaker than levels below 114.8 seen against the greenback earlier in the week.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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