Tokyo stocks close lower on profit-taking after 5-day rally

0 Comment(s)Print E-mail Xinhua, January 15, 2021
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TOKYO, Jan. 15 (Xinhua) -- Tokyo stocks closed lower Friday as investors opted to take profits following the Nikkei's five-day winning streak on concerns the market may be overheating.

The 225-issue Nikkei Stock Average lost 179.08 points, or 0.62 percent, from Thursday to close the day at 28,519.18.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 16.67 points, or 0.89 percent, to finish at 1,856.61.

Transportation equipment, textile and apparel, and electric and gas issues comprised those that declined the most by the close of play. Enditem

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