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Tokyo stocks close lower on profit-taking, falling U.S. auto sales weigh

Xinhua Financein ​TOKYO
2018-10-03 17:10

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Tokyo stocks closed lower Wednesday as investors moved to take profits following the Nikkei index's recent near 27-year closing highs, while a firm yen and a slump in U.S. vehicle sales weighed on auto issues.

The 225-issue Nikkei Stock Average lost 159.66 points, or 0.66 percent, from Tuesday to close at 24,110.96.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 21.30 points, or 1.17 percent, lower to finish at 1,802.73.

Transportation equipment, oil and coal product, and consumer credit-linked issues comprised those that declined the most by the close of play.
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