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Tokyo stocks end mixed amid caution before U.S. inflation data

0 Comment(s)Print E-mail Xinhua, May 15, 2024
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TOKYO, May 15 (Xinhua) -- Tokyo stocks ended mixed on Wednesday as caution ahead of U.S. inflation data erased earlier gains led by the technology sector.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 29.67 points, or 0.08 percent, from Tuesday at 38,385.73.

The broader Topix index, meanwhile, finished 0.07 point lower at 2,730.88.

Stocks rose from the outset, boosted by heavyweight semiconductor and other technology issues that tracked overnight gains on Wall Street, but rises were capped as a wait-and-see mood prevailed ahead of the release of U.S. consumer price index data for April, due out later in the day, analysts said.

On the top-tier Prime Market, gainers were led by precision instrument, rubber product, and electric appliance shares, while the main decliners were oil and coal product, real estate, and land transportation issues. Enditem

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