Nikkei declines, dragged down by Wall Street and technology

The Japanese Nikkei index declined Friday, April 15th, after being affected by the decline in the blue-chip technology shares that tracked the weak performance on Wall Street, but losses were limited after investors repurchased shares before a long holiday.

The Nikkei index fell 0.29% to close at 27,093.19 points, but gave up most of its losses and rose briefly earlier in the session, and the broader Topix index fell 0.62% to 1896.31 points.

During the week, the Nikkei index declined by 0.4%, while the Topix index settled.

Electronic chip companies topped the losses, as Tokyo Electron fell by 4.99%.

The Soft Group’s share fell by 1.21% and Sony’s share fell by 2.52%.