Tokyo: Nikkei edges down as cyclical shares sold; trading thin before events
[TOKYO] Japan's Nikkei share average edged down in thin trade on Wednesday as investors avoided investing in cyclical shares before big market events this week such as the European Central Bank's policy meeting and the release of US jobs data.
The Nikkei fell 0.4 per cent to 19,938.13.
The broader Topix was flat at 1,602.26 in choppy trade. Volume was subdued, with only 1.89 billion shares changing hands, lower than the 90-day average daily volume of 2.3 billion shares.
The JPX-Nikkei Index 400 dropped 0.1 per cent to 14,424.16.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Asia: Markets build on Wall Street rally, yen holds bounce
Singapore shares open in the red on Tuesday; STI down 0.3%
Stocks to watch: Wilmar, MLT, FEHT, CDLHT, Starhill Global Reit, IReit Global
Europe: Stocks eke out gains after German inflation data; Deutsche Bank drops