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Tokyo stocks snap 3-day winning streak on selling to lock in gains

June 19, 2014



Tokyo stocks snapped a three-day winning streak to end slightly lower Friday, as selling to lock in gains from recent sharp rises more than offset buying backed by optimism over the global economy.

The 225-issue Nikkei Stock Average ended down 11.74 points, or 0.08 percent, from Thursday at 15,349.42. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 0.12 point, or 0.01 percent, lower at 1,268.92.

Decliners were led by oil and coal products, fishery, agriculture and forestry, and pulp and paper issues, while the main gainers were real estate, nonferrous metals and construction shares.



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Source: Japan Economic Newswire


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