Japanese Stock Indices Drop As Investors Capitalize Prior Gains

Japanese Stock Indices Drop As Investors Capitalize Prior Gains Tokyo, 21 Aug (ONA) — Japanese stock indices dropped for a third consecutive session, with government bond yields hitting their highest levels in 17 years, as investors cashed in profits to capitalize on prior gains, following the largest indirect foreign investment inflows in four months.
According to the Tokyo Stock Exchange, the Nikkei 225 – which includes 225 issues, ended today’s session down 0.65 percent (278.38 points), closing at 42,610.17. The broader Topix index fell 0.52 percent (15.96 points), ending at 3,082.95.
—Ends/AG