TOKYO, Oct. 30 (Xinhua) -- Tokyo stocks closed essentially flat Monday as buying on optimism for more robust earnings results from domestic corporations was offset by investors wanting to secure profits.
The 225-issue Nikkei Stock Average inched up 3.22 points, or 0.01 percent, from Friday to end the day at 22,011.67.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, shed 0.21 point, or 0.01 percent, to close at 1,770.84.
Market strategists here said that trade was choppy after stocks opened higher, as some investors moved to secure profits after the markets' recent run of closing highs.
Others, however, held out on optimism that Japan Inc. would continue to turn out robust results for the fiscal first-half that ended last month.
Some brokers here said that some investors hit the sidelines on concerns of overheating, with others wanting to eye the outcomes of the Bank of Japan and the U.S. Federal Reserve's policy meetings ending Tuesday.
Pulp and paper, and mining issues comprised those that gained the most by the close of play, whereas precision instrument and securities issues led decliners.
Rising issues beat falling ones by 1,076 to 863, on the First Section, with 93 ending the day unchanged.
On the main section on Monday, 2,371.58 million shares changed hands, rising from Friday's volume of 1,991.18 million shares.
The turnover on the first trading day of the week came to 4,037.3 billion yen (35.54 billion U.S. dollars).
