Home / Market Update / Japan’s Nikkei Index gives up a 33-year high on profit-taking

Japan’s Nikkei Index gives up a 33-year high on profit-taking

Japan’s Nikkei fell on Tuesday, giving up a 33-year high recorded in the previous session, as investors took profits, and a market holiday in the United States also added to the caution of dealers.

The Nikkei index closed down 0.98 percent at 33,422.52 points, after closing at 33,753.33 points on Monday, the highest close since March 1990.

Among the 225 stocks, 150 stocks declined, 73 stocks rose, and only two were stable.

Almost all sub-indices declined, except for the index of financial services companies, which rose 1.69%.

The broader Topix index fell 0.62 percent to 2,306.37 points.

Check Also

Gold prices stabilizes ahead of eventful US week

The US dollar and Treasury yields continue to rise without affecting the value of gold. …