Japan’s Nikkei index gave up its gains and fell on Thursday, as investors took profits after big gains recorded by the index over four sessions.<\/p>\n\n\n\n
The Nikkei index fell 0.05% to 33,485.49 points at the close, although it rose most of the day and rose 0.8% to hit a 33-year high before reversing its path and erasing four days of gains during which it rose 6%.<\/p>\n\n\n\n
The broader Topix index fell 0.2 percent to 2,293.97 points during the day.<\/p>\n\n\n\n
On Thursday, the yen fell to its lowest level this year as the dollar rose after the Federal Reserve signaled it would raise interest rates later in the year.<\/p>\n\n\n\n
Toyota Motor rose 0.45 percent, but pared most of its early gains. Honda Motor shares fell 0.55 percent.<\/p>\n\n\n\n
Pharmaceutical companies fell, with Esai shedding 5.91%, making it the worst performer on the Nikkei, while Daiichi Sankyo lost 3.98%.<\/p>\n\n\n\n
The pharmaceutical sector fell 1.8 percent to be the biggest loser among 33 sub-indices on the Tokyo Stock Exchange.<\/p>\n\n\n\n
Some analysts expected the Nikkei index to rise further after a pause, supported by foreign demand.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japan’s Nikkei index gave up its gains and fell on Thursday, as investors took profits after big gains recorded by the index over four sessions. The Nikkei index fell 0.05% to 33,485.49 points at the close, although it rose most of the day and rose 0.8% to hit a 33-year high before reversing its path …<\/p>\n","protected":false},"author":9,"featured_media":71671,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6939,6971],"class_list":["post-85425","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-japan","tag-nikkei"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=85425"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85425\/revisions"}],"predecessor-version":[{"id":85426,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85425\/revisions\/85426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71671"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=85425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=85425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=85425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}