Japanese Market Significantly Lower
RTTNews The Japanese stock market is significantly lower on Tuesday, giving some of the gains in the previous two sessions, with the Nikkei 225 falling below the 33,200 level, despite the slightly positive cues from Wall Street overnight, with a mixed trend in the market as traders remain cautious ahead of the Bank of Japan's monetary policy decision due on Friday.
The benchmark Nikkei 225 Index is down 377.28 points or 1.13 percent at 33,155.81, after hitting a low of 33,133.59 earlier. Japanese shares ended sharply higher on Friday ahead of the holiday on Monday.
Market heavyweight SoftBank Group is losing almost 4 percent and Uniqlo operator Fast Retailing is down more than 1 percent. Among automakers, Honda is gaining almost 3 percent and Toyota is adding more than 1 percent.
In the tech space, Advantest and Tokyo Electron are plunging more than 5 percent each, while Screen Holdings is declining more than 4 percent.
