Japanese shares closed lower on Friday for the first time in 4 sessions, tracking Wall Street, which fell overnight following the Fed’s interest rate views, while Toshiba shares rose sharply after opening the door to acquisitions.
The Nikkei index ended the session down 1.63% to record 27105.26 points, while the broader Topix index fell 1.19% to record 1905.15 points.
Technology stocks led the decline.
The Nikkei is down 0.04% for the whole week, while Topix is up 0.47%.
Toshiba shares jumped 4.65%, after the company said it would seek deals, including potential acquisitions.
Tokyo Electron, a chip-making equipment maker, led declines in the Nikkei index, falling 2.1%.
The share of Fast Retailing, which operates Uniqlo stores, fell 2.7%, and SoftBank’s share fell 3.01%.
All sub-indices of sectors in the Japanese stock market declined except for three.
The insurance companies index rose 0.91% as US Treasury yields rose.