Tokyo stocks close lower on profit-taking after hitting 30-year high

16:21, February 17, 2021

• Tokyo stocks open lower on profit-taking after 30-year closing highs

  TOKYO, Feb. 17 (Xinhua) -- Tokyo stocks opened lower Wednesday as investors opted to lock in gains after the benchmark Nikkei stock indexs recent 30-year closing highs.As of 9:15 a.m., the 225-issue Nikkei Stock Average lost 239.42 points, or 0.79 percent, from Tuesday to 30,228.33.The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 5.72 points, or 0.29 percent, at 1,959.36.Rubber product, information and communication, and construction issues comprised those that declined the most in the opening minutes after the morning bell.

• Tokyo stocks retreat in morning on profit-taking after Nikkei's 30-year high

  TOKYO, Feb. 17 (Xinhua) - Tokyo stocks lost ground Wednesday morning as investors opted to take profits after the benchmark Nikkei stock index hit at a fresh 30-year high the previous day.The 225-issue Nikkei Stock Average dropped 265.04 points, or 0.87 percent, from Tuesday to 30,202.71.The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 7.96 points, or 0.41 percent, at 1,957.12.Rubber product, precision instrument and real estate-oriented issues comprised those that declined the most by the morning break.

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  Japan's Nikkei hits fresh 30-year closing high on robust earnings reports

  A woman walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Feb. 10, 2021. Asian stock markets rose Wednesday after Wall Street broke a six-day winning streak. (Photo: AP)TOKYO, Feb. 10 (Xinhua) -- Tokyo stocks edged higher Wednesday, with the benchmark Nikkei stock index closing at a fresh 30-year high, as investors snapping up issues of firms reporting robust earnings saw losses recouped from earlier profit-taking.The 225-issue Nikkei Stock Average added 57.00 points, or 0.19 percent, from Tuesday to close the day at 29,562.93, marking its highest closing level since Aug. 3, 1990.The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 5.28 points, or 0.27 percent, to finish at 1,930.82.Rubber product, pulp and paper and transportation equipment issues comprised those that advanced the most by the close of play.