Tokyo stocks end mixed as gains locked in after Trump win-Xinhua

Tokyo stocks end mixed as gains locked in after Trump win

Source: Xinhua| 2024-11-07 17:12:00|Editor: huaxia

TOKYO, Nov. 7 (Xinhua) -- Tokyo stocks closed mixed on Thursday, as buying on record highs on Wall Street following Donald Trump's U.S. presidential election victory was offset by investors locking in gains.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 99.26 points, or 0.25 percent, from Wednesday at 39,381.41.

The broader Topix index, meanwhile, finished 27.16 points, or 1.00 percent, higher at 2,743.08.

Tokyo stocks continued to rally at the outset following a jump on Wednesday on a rising dollar boosted by Trump's election win, with the Nikkei index at one stage advancing over 400 points and approaching the 40,000 line, analysts said.

But the market later lost steam with the buying momentum dampened as investors locked in recent gains on technology and other large-cap issues, they said.

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