News Column

Tokyo stocks drop on profit taking ahead of U.S. payrolls report

July 2, 2014

Tokyo stocks dropped Thursday on selling to lock in profits ahead of the release of the U.S. payrolls report for June.

The 225-issue Nikkei Stock Average ended down 21.68 points, or 0.14 percent, from Wednesday at 15,348.29. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 2.19 points, or 0.17 percent, lower at 1,278.59.

Major decliners included oil and coal products, retail and insurance shares.

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Source: Japan Economic Newswire

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