Japan Market tumbles 1.47%

The Japan share market closed down on Tuesday, 02 August 2016, amid concern that a well-flagged government spending package from Prime Minister Shinzo Abe will fail to deliver much benefit to the economy. The 225-issue Nikkei Stock Average slipped 244.32 points, or 1.47%, to 16391.45. The broader Topix Index of all First Section issues on the Tokyo Stock Exchange finished 21.63 points, or 1.64%, down at 1,300.20.

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