TOKYO, Dec. 16 (Xinhua) -- Tokyo stocks closed lower on Monday as investors adopted a wait-and-see stance ahead of key monetary policy meetings in the United States and Japan later this week.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 12.95 points, or 0.03 percent, from Friday at 39,457.49.

The broader Topix index, meanwhile, finished 8.23 points, or 0.30 percent, lower at 2,738.33.

The benchmark Nikkei was initially supported by gains in technology and machinery issues but fell later as investors grew increasingly cautious before the Federal Reserve and the Bank of Japan hold policy meetings from Tuesday to Wednesday, respectively, analysts said. Enditem

Related

Go to Forum >>0 Comment(s)