BUSINESS Tokyo stocks close slightly lower on caution ahead of Fed meeting outcome

BUSINESS

Tokyo stocks close slightly lower on caution ahead of Fed meeting outcome

Xinhua

15:47, December 11, 2019

TOKYO, Dec. 11 (Xinhua) -- Tokyo stocks closed slightly lower Wednesday in cautious trade as investors refrained from making bold moves ahead of the outcome of the U.S. Federal Reserve's policy meeting later in the day.

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Photo: VCG

The 225-issue Nikkei Stock Average shed 18.33 points, or 0.08 percent, from Tuesday to close the day at 23,391.86.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 5.82 points, or 0.34 percent, to finish at 1,714.95.

Marine transportation, miscellaneous product and bank-oriented issues comprised those that declined the most by the close of play.

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