Tokyo Stock Price Index

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Tokyo Stock Price Index

Commonly called TOPIX. A major index on the Tokyo Stock Exchange that tracks the First Section, which consists of the largest companies by market capitalization. Along with the NIKKEI average, TOPIX is considered a major indicator of the state of Japanese investment, and of the economy at large.
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References in periodicals archive ?
For the month, the Nikkei added 1.49 per cent and the Topix climbed 0.55 per cent.
The next development in the Topix could be a "dead cross" between the 13- and 26-week moving averages, which we expect to see by the time you read this.
Meanwhile, trading in derivatives such as Topix futures and Japanese government bond futures, which had been halted temporarily on Tuesday due to a system glitch, returned to normal Wednesday, according to Tokyo Stock Exchange Group Inc.
For the week, the Nikkei was up 0.72 per cent and the Topix was up 0.76 per cent.
Japan's Nikkei stock index gained ground Tuesday as investors moved to buy on dips after recent substantial falls, but the broader Topix index fell for the eighth straight trading session.
The broader Topix index fell 2.56 points, or 0.35 per cent, to 723.12.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 12.73 points, or 1.83 percent, higher at 708.24.
The benchmark Nikkei 225 Stock Average lost 254.64 points, or 2.91 per cent, to trade at 8,500.8 while the broader-based Topix index was down 19.1 points, or 2.55 per cent, at 730.3.
Tokyo stocks opened modestly higher Tuesday as investors opted to buy back after sharp falls Monday, when the benchmark Topix index ended at its lowest level in nearly 30 years.
The Nikkei closed down 73.93 points, or 0.72 per cent, at 10,211.95 while the broader Topix index declined 3.38 points, or 0.38 per cent, to 888.22.
Tokyo stocks fell sharply Monday morning amid global stock sell-offs, with the key Topix index falling below the 700 mark for the first time in more than three years amid growing concern about the global economy.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 4.42 points, or 0.53 percent lower at 831.54.