Nikkei ends slightly lower, but climbs nearly 20 pct in 2017

From Reuters - December 28, 2017

TOKYO, Dec 29 (Reuters) - Japans Nikkei share average erased early modest gains and ended slightly lower on its final trading day of the year on Friday, but the index still gained nearly 20 percent in 2017.

The Nikkei ended the day down 0.08 percent at 22,764.94 points, while the broader Topix was also down 0.08 percent at 1,817.56.

Advancers outnumbered decliners 332 to 266, with 64 issues ending unchanged.

The stronger global economy, as well as domestic political stability and the Bank of Japans ultra-easy monetary policy helped lift Japanese corporate earnings in 2017, which in turn helped push the Nikkei up 19.1 percent and the Topix up 19.7 percent.


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