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Tokyo stocks end lower amid directionless trading ahead of holidays

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TOKYO: Tokyo stocks ended lower Wednesday amid a lack of new trading incentives as many foreign investors stayed on the sidelines ahead of the Christmas holidays, reported Xinhua.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 68.77 points, or 0.14 per cent, from Tuesday at 50,344.10.

The broader Topix index, meanwhile, finished 15.88 points, or 0.46 per cent, higher at 3,407.37.

On the stock market, the benchmark Nikkei initially stayed in positive territory, boosted by semiconductor issues tracking advances by their United States (US) counterparts overnight, but later turned lower.

With US markets closing early Wednesday and shut on Thursday, trading will remain subdued, analysts said.

--BERNAMA-XINHUA





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