Tokyo, November 11 (QNA) - The Nikkei 225 closed down 0.14 percent on Tuesday, giving up gains it had made earlier, after investors used the rise in technology stocks as an opportunity to take profits.

It ended its trading at 50,842.93 points, after earlier in the session rising 1.18 percent to hit a one-week high of 51,513.16 points.

The broader TOPIX index likewise rose 0.13 percent, closing at 3,321.58 points.

AI-linked stocks led the Nikkei’s early advance after their counterparts on Wall Street rose overnight amid optimism for a soon end to the US government shutdown. But momentum faded in the afternoon, and the benchmark was down as much as 0.65 percent at one point.

The Nikkei had reached an all-time high of 52,636.87 points a week ago, boosted by global AI enthusiasm and hopes of fiscal stimulus from the administration of new Japanese Prime Minister Sanae Takaichi.

It ended the day with 117 of its 225 components lower, 105 stocks up, and three unchanged.

The share of SoftBank Group, an investor in AI start-ups, jumped 5.55 percent before paring gains to finish up 1.98 percent. Meanwhile, Sony Group rose 5.51 percent after announcing strong earnings during the midday break. In contrast, shares of chip-equipment manufacturers Tokyo Electron and Lasertec gave up early gains to finish flat, while Advantest plunged 4.08 percent. (QNA)