The Tokyo equities markets were down on Tuesday as domestically-oriented stocks could not sustain the gains they achieved on Monday. The Nikkei 225 ended the day down by 0.8 percent to 16,238.36, while the Topix index dropped 0.5 percent to 1,665.79.

Retail was down 0.6 percent in the sector with Seven & I down 1.3 percent to ¥4,460. In transport, East Japan Railway also lost 1.3 percent on the day to ¥861,000. The securities sector also dropped, by 0.7 percent, with Nomura down to ¥2,350.

Real estate managed slight gains, with Tokyu Land gaining 1.2 percent to ¥1,081.

Export-reliant sectors were damaged by the yen’s climb in relation to the US dollar. Electrical machinery was down 0.8 as a sector, with Elpida Memory falling 3.1 percent to ¥4,100 and Hitachi declining 0.9 percent to ¥805. Elsewhere, Toyota was down 0.3 percent to ¥6,320.

Chugai Pharmaceutical dropped 3.5 percent to ¥2,195 on a downgrade from “neutral” to “sell” from Merrill Lynch, which cited a probable drop in sales of, Epogin, an anti-anemia drug.

Rising crude oil prices helped upstream oil companies, with Japan Petroleum up 1.6 percent to ¥6,830 and Inpex up to ¥1,050,000.

Tokyo’s equities markets were up on Monday as optimism about the economy sent shares in both export-dependent and domestic sectors higher on the day. The Nikkei 225 closed at 16,391.51, 1.5 percent higher and its highest close in over a month. The Topix index gained 1.7 percent to close at 1.674.66.

Among domestics, the banking sector was up 1.5 percent on the day, while real estate gained 2.2 percent, securities were up 2.5 percent, and retailers grew by 1.7 percent as a whole. Land transport was up 2.5 percent.

Within export-heavy sectors, automible manufacturing was up, including a 1.4 percent jump to ¥7,150 for Honda. Electrical machinery also gained, with Sony gaining 1.1 percent to ¥5,580.

East Japan Railway, Japan’s largest railroad operator, was up 4.1 percent to ¥872,000.

In the real estate sector, Mitsui Fudosan gained 1.7 percent to ¥2,640, while Tokyu Land was up 4.8 percent to ¥1,068.

Among banks, Mitsubishi UFJ, gained 2.4 percent to ¥1,730,000, while SMFG rose by 1.6 percent to ¥1,290,000. In the securities sector Nomura, Japan’s largest house, advanced by 2.6 percent to ¥2,380.

The retail sector was mixed on the day, with department store chain Mitsukoshi up 2.8 percent to ¥690 but convenience store operator Lawson down 0.9 percent to ¥4,470 on profit taking.