Japan Stocks fall on geopolitical tension concerns

The Japan share market finished session lower on Tuesday, 29 August 2017, weighed down by heightening geopolitical concerns after North Korea launched a missile over Japan. Investor sentiment was also battered by the yen's rise against the dollar, which was prompted by the missile launch. Most of TSE sectors declined with insurance, pulp and paper, and securities house-related issues comprised those that declined the most by the close of play. The 225-issue Nikkei Stock Average lost 87.35 points, or 0.45 percent, to close the day at 19,362.55. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, shed 2.36 points, or 0.15 percent, to finish at 1,597.76. Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1668 to 1469 and 307 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 4.47% to 14.52.

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