Japanese stocks decline at the end of trading on Wednesday

Japan's Nikkei Index Declines at the End of Wednesday's Trading

 

Japanese stocks closed Wednesday's trading session

in a downward direction, with losses across several sectors.

The most notable sectors to report losses were transportation, telecommunications, and paper.

The most notable decliners at the end of trading today were:

Oriental Land Co. Ltd. shares fell 3.7%.

Tobu Railway Co. shares fell 3.3%.

Tokyo Electron Ltd. shares fell 2.7%.

The Nikkei also fell 0.34%.

 

Nikkei Japan


As for the Nikkei Index Analysis,

The Nikkei is still moving in a strong general uptrend.

We are expected to see some corrections in the index soon.

However, expectations remain for the index to rise again.

Therefore, the outlook for the index remains a buy with any correction.