Japan Nikkei snaps 3-day rising streak

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Capital Market
Last Updated : Mar 01 2018 | 9:31 AM IST
The Japan share market finished session lower on Wednesday, 28 February 2018, snapping a three-day winning streak after U.S. shares weakened overnight, while the central bank's decision to trim bond buying worsened sentiment. Mining, oil and coal product and iron and steel-linked issues comprised those that declined the most by the close of play. The 225-issue Nikkei Stock Average lost 321.62 points, or 1.44%, to close at 22,068.24. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 22.10 points, or 1.23%, lower to close at 1,768.24. Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1952 to 1418 and 195 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.50% to 21.03.

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First Published: Feb 28 2018 | 5:15 PM IST

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