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Nikkei snaps 3-day winning streak on caution over rising oil prices

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The Nikkei index snapped a three-day winning streak with modest losses Monday as caution over soaring oil prices and the stocks' fast-paced gains in recent sessions prompted selling. The 225-issue Nikkei Stock Average ended down 13.45 points, or 0.14 percent, from Friday at 9,633.93. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, closed 0.96 point, or 0.12 percent, higher at 835.25, rising for the fourth straight trading day. Decliners were led by the mining, electricity and gas, and retail sectors. Gainers included the rubber products, pharmaceutical, and pulp and paper sectors. (Mainichi)

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