Japan Nikkei tumbles 2.16% on profit taking
Mumbai, April 25 -- Japan stock market finished session deeply in negative territory on Thursday, 25 April 2024, as profit booking resumed after three consecutive days of gains and on following the mixed cues from Wall Street overnight. Meanwhile, selloff fueled further on disappointing earnings forecasts from Facebook parent Meta Platforms and speculation of Japanese authorities intervention after the yen depreciated to 155 level against greenback.
The 225-issue Nikkei Stock Average index fell by 831.60 points, or 2.16%, to finish at 37,628.48. The broader Topix index of all First Section issues on the Tokyo Stock Exchange stumbled 47.20 points, 1.74%, to 2,663.53.
All 33 TSE sectors closed lower, with Electric Power & Gas sector being...
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