TOPIX
Proper noun
Meaning
TOPIX
(finance) Acronym of Tokyo Stock Price Index.
Examples
Asian peers were seen trading higher in the early trade on Tuesday with Japan’s Nikkei jumping 1.43 per cent while the Topix index was up 1.3 per cent.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 31.14 points, or 1.74 percent, higher at 1,819.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 23.87 points, or 1.39 percent, lower at 1,697.
Japan’s Topix index rallied from its lowest level since September, advancing 2.9%, and Hong Kong’s Hang Seng Index rose 1.1%.
In Asia, the Topix index slumped 5.4% in Tokyo as traders returned from holiday, leaving it down lost 12.6% on the week, the biggest loss for the period since the global financial crisis.
The benchmark Nikkei 225 index, which has closed up for four consecutive days, slipped 0.07 percent or 15.34 points to 22,807.92 in early trade while the broader Topix index was down 0.22 percent or 3.95 points at 1,785.