Tokyo stocks ended lower Wednesday, as buying of exporters on a weaker yen against the US dollar failed to dispel the cautious mood ahead of the upcoming general election and domestic earnings reports in Japan.
The 225-issue Nikkei Stock Average ended down 307.10 points, or 0.80 percent, from Tuesday at 38,104.86. The broader Topix index finished 14.51 points, or 0.55 percent, lower at 2,636.96.
Tokyo Metro Co. made an impressive debut on the Tokyo stock market on Wednesday, briefly surging 47.3 percent above the offering price of 1,200 yen ($7.9) and sending its market capitalization beyond 1 trillion yen in Japan’s biggest initial public offering in six years.
Source: Qatar News Agency