Nikkei drops 1.43% on stronger yen

Japanese share market closed steep lower on Friday, 16 January 2015, as risk aversion selloff triggered across the board, on tracking negative finish of Wall Street overnight and dramatic moves on the forex market. The Nikkei Stock Average was down 1.43% to 16864.16 and the broader Topix was weaker by 0.93% to 1363.73. For the week, the Nikkei index dropped 1.9%.

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