Nikkei falls on uncertainty over the US presidential election
Capital Market The Japan share market stumbled on Wednesday, 02 November 2016, with risk sentiments dragged down by tracking drops in Wall Street overnight and the yen's ascent against greenback. Meanwhile, the likelihood of a tight US presidential race and concerns over the outcome of the Federal Reserve meeting spooked sentiment. Total 31 out of 33 TSE sectoral issues declined, with Nonferrous Metals, Marine Transportation, Insurance, Glass & Ceramics Products, Real Estate, Banks, and Machinery issues being major losers. The 225-issue Nikkei average erased 307.72 points, or 1.76%, to close at 17134.68. The Topix index of all first-section issues finished 24.75 points, or 1.78%, lower at 1,368.44.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
