Nikkei drops on strong yen

Last Updated : Mar 08 2016 | 9:47 PM IST

Japan share market declined for second session in row on Tuesday, 08 March 2016, as a firm yen and concerns about the world's second largest economy triggered profit booking. Every industry category on the main section except textile and real estate issues lost ground led by nonferrous metal, electric power and gas, and banking issues. The 225-issue Nikkei average declined 128.17 points, or 0.76%, to finish at 16783.15. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 14.18 points, or 1.04 percent, lower at 1347.72.

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Nikkei drops on strong yen