News Column

Tokyo stocks edge lower after recent rally

July 30, 2014

Tokyo stocks closed slightly lower Thursday as selling to lock in recent gains offset buying stemming from strong U.S. economic growth data.

The 225-issue Nikkei Stock Average ended down 25.46 points, or 0.16 percent, from Wednesday at 15,620.77. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 2.82 points, or 0.22 percent, lower at 1,289.42.

Major decliners included food, fishery and rubber products shares while consumer finance and air transport shares gained ground.

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Source: Japan Economic Newswire

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