Tokyo shares fall back amid position-adjusting sales
Yomiuri -- Aug 30
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.

Source: Yomiuri
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