Friday, October 24, 2014   

Nikkei dives 3pc on profit-taking
(05-27 14:37)

Stocks in Tokyo ended 3.22 percent lower, driven down by profit-taking and a stronger yen after a rollercoaster ride last week that included a 7.3 percent one-day drop.
The benchmark Nikkei 225 index lost 469.80 points to 14,142.65, while the Topix index of all first-section shares gave up 3.35 percent, or 40.01 points, to 1,154.07.--AFP
The Nikkei had been making steady gains until Thursday when the benchmark index plummeted 7.3 percent after disappointing data out of China stoked fears about the world's second-largest economy, a major trade partner with Japan.
That was followed by a turbulent Friday session with the index see-sawing in and out of negative territory for most of the day before ending 0.89 percent higher.
   
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