Nikkei retreats from 7-1/2-year high
Sunday, 15 February 2015
TOKYO, Feb 13 (Reuters): Japan's Nikkei share average fell on Friday, retreating from a 7-1/2-year closing high the previous day as investors took profits from gainers such as Fanuc Corp, but buying in cyclical stocks exposed to consumer demand limited the losses.
A ceasefire agreement between Russia and Ukraine also eased tensions in the market.
The Nikkei shed 0.4 per cent to 17,913.36, retreating from 17,979.72 marked on Thursday, the highest closing level since July 2007. For the week, the Nikkei gained 1.5 per cent.
The broader Topix outperformed, ending flat at 1,449.38 after trading in positive territory most of the day.
The JPX-Nikkei Index 400 rose 0.1 per cent to 13,147.96.