Monday, 17 March 2025

Nikkei Index gives up 33-year high on profit-taking

The Japanese Nikkei index fell today, Tuesday, and gave up its highest level in 33 years, recorded in the previous session, due to profit-taking by investors, and the market holiday in the United States contributed to increasing the caution of dealers.

According to “Reuters”, the Nikkei index closed down 0.98 percent at 33,422.52 points, after closing at 33,753.33 points on Monday, which is the highest closing since March 1990.

Out of 225 stocks, 150 stocks declined, 73 stocks rose, and only two were stable.

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Almost all sub-indices declined, except for the index of financial services companies, which rose 1.69%

The broader Topix index fell 0.62 percent to 2,306.37 points

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