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.
Seventy seated Buddhist monks intoned "nenbutsu" prayers and "wasan" hymns while swaying their bodies in unison during the annual memorial service at the famed Higashi-Honganji temple in Shimogyo Ward here on Nov. 28. (Asahi)
Tokyo Metropolitan Police on Friday re-arrested more than a dozen suspects, including one organized crime member, as a part of an ongoing health insurance fraud investigation that now includes comedians affiliated with a major entertainment agency, reports Sports Hochi (Nov. 28). (Tokyo Reporter)
No major gangster bloodbath has occurred in the three months since Japan's largest yakuza organization, Yamaguchi-gumi, split into two rival mobs, but to say the sides are living in harmony would be an exaggeration. (Asahi)
Government figures show a sharp and continuous fall-off in the number of farmers over the past five years that potentially threatens the landscape as its stewards leave the sector and are not replaced. (Japan Times)