Stocks turned down on the Tokyo Stock Exchange on Friday, pressured by position-adjusting sales.
The 225-issue Nikkei average closed down 70.85 points, or 0.53 percent, at 13,388.86. On Thursday, the key market gauge climbed 121.25 points.
The TOPIX index of all First Section issues fell 10.46 points, or 0.94 percent, to end at 1,106.65 after advancing 2.48 points the previous day.
Stocks were buoyant in early trading after the European and U.S. markets advanced overnight partly thanks to better-than-expected U.S. economic data and receding concerns about the situation in Syria. Also helped by the yen's weakness, the Nikkei average briefly rose more than 150 points shortly after the opening bell.
But the market lost steam soon as investors moved to sell stocks to adjust their positions ahead of the weekend and a host of key events next week.
The operator of the disaster-hit Fukushima Daiichi nuclear plant on Friday tentatively removed part of the cover shrouding the No.1 reactor building installed in the wake of the 2011 disaster to keep radioactive materials from dispersing. (Kyodo)
Police in Tokyo have arrested a 39-year-old member of the Air Self-Defense Force on a charge of attempted murder after he pushed a man onto the train tracks at JR Okubo Station in Shinjuku Ward. (Japan Today)
The Japanese government has drafted a new space development policy that will enhance its ability to provide security. The plan includes increasing the number of intelligence-gathering satellites. (NHK)
Until only recently, Japan never celebrated Halloween. And why would it? The nation honors the spirits of its ancestors in August, during the ancient Buddhist festival of O-bon, when ancestral spirits are said to revisit the family altars -and when reported encounters with ghosts and spirits reach a fevered peak. (marketwatch.com)
In spite of a recent fall in organized crime membership, Fukuoka Prefectural Police on Monday released a manga comic to discourage participation in yakuza gangs, reports the Nishi Nippon Shimbun (Oct. 27). (Tokyo Reporter)