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Tokyo’s Yomiuri 333 Index Logs First Two-Day Decline Ahead of Upper House Election

Profit-taking ahead of the July 21 vote kept trading muted on Tokyo’s Prime market.

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Overview

  • The Yomiuri 333 index fell 82.22 yen (0.22%) to close at 36,598.37 yen on July 18, marking its first two-day drop.
  • More than half of its constituents declined, with 185 of the 333 stocks lower as investors locked in gains.
  • Trading volume remained subdued as market participants held back ahead of the Upper House election.
  • The index still posted a weekly gain of 131.60 yen (0.36%) compared with last Friday’s close.
  • In New York, the Dow slipped 142.30 points on reports of planned 15–20% tariffs on EU imports while the Nasdaq notched a fifth straight record high.