On the 5th Tokyo stock market, the Nikkei Stock Average fell for four consecutive business days. The closing price is 116.07 yen (0 · 51%) cheaper than the previous day, 22,580 yen 83 sen. TOPIX (TSE stock index) showing the price movements of the first section of the Tokyo Stock Exchange is 13 · 28 points (0.77%) low 1704 · 96. The volume is 1,230 million shares.
The Nikkei average started trading at 33 yen lower. The impact of Typhoon No. 21 which brought about damage mainly in West Japan sold mainly related issues of travel and cosmetics related to consumption of foreign guests to Japan and expanded the range of decrease.
The poor prospects for renegotiating the North American Free Trade Agreement (NAFTA), which the US and Canada could not agree, continue to be the weight of the market. Mr. Chihiro Ota, SMBC Nikko Securities, said, "Concern about the decline of visitors due to the influence of the typhoon was a weak development, as it overlapped with concerns over the future of North American trade talks." (Waka Shinya)