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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo stocks closed lower Wednesday on profit-taking, taking a pause after recent rallies. The benchmark Nikkei 225 index lost 0.58 percent, or 175.56 points, to 30,292.19, while the broader Topix index slipped 0.18 percent, or 3.59 points, to 1,961.49. "It is natural to see profit-taking after the Nikkei rose so fast in the past few weeks," said Shinichi Yamamoto, a broker at Okasan Securities in Tokyo. Some dealers said the market was overheating, "but sentiment is not weak at all," Yamamoto told AFP. "Although investors tend to lock in profits at this level, the market is expected to remain bullish for now," he said. The dollar fetched 105.85 yen in Asian afternoon trade, against 105.99 yen in New York late Tuesday. Toyota fell 0.67 percent to 8,247 yen after announcing plans to suspend 14 lines at nine of its 15 automobile assembly plants in Japan for up to four days as parts procurement has been affected by an earthquake that hit the northeastern part of the country on Saturday. Procurement has also been affected by cold weather across parts of the United States. Among Toyota's rivals, Honda was up 0.88 percent at 3,088 yen and Nissan jumped 2.55 percent to 617.9 yen. Bridgestone lost 4.13 percent to 4,271 yen after announcing an annual net loss. Sony fell 0.32 percent to 12,200 yen and SoftBank Group lost 0.14 percent to 10,405 yen, both on profit-taking, but Nintendo gained 0.39 percent to 68,610 yen. Japan logged a trade deficit of 323.9 billion yen ($3 billion) in January, according to finance ministry data released shortly before the opening bell. The figure -- compared with market expectations of a 625 billion yen deficit -- did not prompt a strong reaction in the market. kh-si/sah/axn
schema:headline	Tokyo stocks close lower on profit-taking
schema:mentions	Nissan Honda Sony Toyota Agence France-Presse Balance of trade Nintendo Car United States dollar Japan Earthquake Race and ethnicity in the United States Census New York City United States Strong Reaction Bridgestone Maritime transport SoftBank Group AXN Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-17 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	43 (xsd:integer)

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