TOKYO, Dec 29 (Reuters) - Japan's Nikkei share average fell
on Wednesday, retreating from the previous session's one-month
high, as chip-related stocks followed their U.S. peers lower.
The Nikkei declined 0.56% to 28,906.88 at the close,
after touching an intraday high of 29,121.01 on Tuesday, a level
not seen since Nov. 26.
The broader Topix slipped 0.30%, with the
growth-stock index sliding 0.63%, while the value-share
index ended flat.
Chipmakers were among the Nikkei's worst performers, with
Tokyo Electron's 0.97% retreat the biggest drag by
index points. Trend Micro slid 2.99%, while Advantest
Overnight, the tech-focused Nasdaq lost 0.48% as U.S.
stocks snapped a four-day rally. The Philadelphia SE
Semiconductor Index sank 1.17%.
Uniqlo store-operator Fast Retailing was another
notable loser, dropping 0.71%.
The biggest percentage decliner on the Nikkei was brewer
Sapporo Holdings, falling 3.79%.
At the other end, J.Front Retailing was by far the
biggest percentage gainer on the Nikkei with a 7.40% jump, as
the department store operator reported a big increase in
customer traffic after a state of emergency was lifted at the
end of September.
That boosted peers including Isetan Mitsukoshi Holdings
, which rose 0.94%.
SoftBank Group recorded the biggest gain by index
points, rising 1.86%.
(Editing by Subhranshu Sahu)