Home ›› 13 Oct 2022 ›› Stock
Tokyo stocks ended flat on Wednesday, with investors taking a wait-and-see approach ahead of US inflation data.
The benchmark Nikkei 225 index inched down 0.02 per cent, or 4.42 points, to end at 26,396.83, while the broader Topix index slipped 0.12 per cent, or 2.24 points, to 1,869.00.
The dollar fetched 146.15 yen compared with 145.83 yen in New York late Tuesday, stronger than it was when Japan intervened to back its currency last month.
With the US consumer price index due on Thursday, an overall mood of wait-and-see spread among investors, Makoto Sengoku, market analyst at Tokai Tokyo Research Institute, told AFP.
The Tokyo market continued to be weighed down by semiconductor-related shares, which were hit hard by Friday's US announcement of new export controls.
Aimed at restricting China's ability to buy and manufacture high-end chips with military applications, the move has already ignited the ire of Beijing.
Chinese foreign ministry spokeswoman Mao Ning on Saturday accused Washington of attempting to maliciously block and suppress Chinese businesses.
