Japan`s Nikkei falls on profit booking; stocks with strong outlook cap fall
Friday, February 14, 2025       10:51 WIB

Feb 14, 202510:00GMT+7
(Reuters) - Japan's Nikkei share average fell on Friday as investors booked profits after sharp gains in the previous session, while stocks with robust outlook capped losses.
The Nikkeifell 0.44% to 39,287.3 by the midday break, but was set to rise 1.7% for the week.
"Investors sold stocks to book profits and a stronger yen also hurt sentiment," said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities.
The benchmark ended more than 1% higher on Thursday in its biggest daily percentage gain in three weeks.
"The Nikkei has been hovering between a range of 38,000 and 40,000. In order for the index to rise beyond that level, investors want to have the uncertainties of U.S. President Donald Trump's tariff plan removed," said Arisawa.
Uniqlo-brand owner Fast Retailingslid 1.27% to drag the Nikkei the most. Chip-making equipment maker Tokyo Electronlost 2.21%.
The broader Topixinched up 0.04% to 2,766.67, supported by a 10% surge in Sony Group, which reported strong results at its games and music divisions.
Toppan Holdingssoared 14.74% to become the biggest percentage gainer on the Nikkei after the printing firm raised its annual net profit forecast.
Nissanand Hondaadvanced 5.85% and 3.77%, respectively, after the two automakers ended talks to forge a $60 billion car company.
Of more than 1,600 stocks trading on the Tokyo Stock Exchange's prime market, 33% rose, 62% fell and 3% traded flat.

Sumber : Reuters