Tokyo stocks end lower -Xinhua

Tokyo stocks end lower

Source: Xinhua| 2026-05-08 16:51:00|Editor: huaxia

TOKYO, May 8 (Xinhua) -- Tokyo stocks ended lower on Friday amid profit-taking after the benchmark Nikkei stock index soared over 3,300 points the previous day.

The 225-issue Nikkei Stock Average ended down 120.19 points, or 0.19 percent, from Thursday at 62,713.65.

The broader Topix index, meanwhile, finished 11.01 points, or 0.29 percent, lower at 3,829.48.

On the top-tier Prime Market, bank, securities house, and marine transportation issues were notable decliners.

Investor sentiment was dampened by resurfacing tensions between the United States and Iran, which exchanged fire near the Strait of Hormuz.

Profit-taking also dragged down the Nikkei after the index posted its largest-ever single-day point gain on Thursday.

However, the drop was relatively small as solid corporate earnings results during the reporting season supported market confidence, analysts said.

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