Tokyo stocks close lower on profit-taking as investors await U.S. data

Xinhua News Agency | Jun 12, 2019 at 7:09 AM

TOKYO, June 12 (Xinhua) -- Tokyo stocks closed lower Wednesday after the market inherited a weak lead from Wall Street overnight, with some investors opting to take profits before the release of key U.S. economic data due out later in the day.

The 225-issue Nikkei Stock Average lost 74.56 points, or 0.35 percent, from Tuesday to close the day at 21,129.72.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 7.10 points, or 0.45 percent, to finish at 1,554.22.

Miscellaneous product, real estate and oil and coal product-linked issues comprised those that declined the most by the close of play.