Tokyo stocks close lower on profit-taking after Nikkei's fresh 30-year high

Source: Xinhua| 2021-01-18 15:10:37|Editor: huaxia

TOKYO, Jan. 18 (Xinhua) -- Tokyo stocks closed lower Monday as investors, following a week lead from Wall Street, took to profit-taking to lock in gains made following the Nikkei hitting a fresh 30-year high late last week.

The 225-issue Nikkei Stock Average dropped 276.97 points, or 0.97 percent, from Friday to close the day at 28,242.21.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 11.12 points, or 0.60 percent, to finish at 1,845.49.

Mining, marine transportation and insurance-oriented issues comprised those that declined the most by the close of play. Enditem

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