Japan Nikkei falls0.44% on US exit from Iran deal

Japan share market finished session down on Wednesday, 09 May 2018, with investors discouraged by concerned about the consequences of U.S. President Donald announcement that he is pulling the plug on the US' involvement in the Iran nuclear pact. Sanctions against Iran that were imposed against Iran years ago will be coming back into effect over the next 180 days. Among TSE33 issues, pharmaceutical, electric power and gas, and precision instrument-linked issues comprised those that declined the most. The 225-issue Nikkei Stock Average dropped 99.81 points, or 0.44%, from Tuesday to close the day at 22,408.88. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 6.91 points, or 0.39%, to finish at 1,772.91. Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1999 to 1350 and 212 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 3.63% to 14.86 a new 3-months low.

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