Nikkei slips 1%

Last Updated : Mar 28 2015 | 12:01 AM IST

Japanese share market declined for second consecutive session in volatile trade on Friday, 27 March 2015, as profit booking continued on tracking a negative lead overseas market overnight, weaker than expected domestic economic data, and ahead of the March 31 end of the Japanese fiscal year. Meanwhile, selloff pressure intensified amid renewed fears about the Yemen crisis, and ahead of speech by Federal Reserve Chairwoman Janet Yellen and U.S. gross domestic product data later in the global day. The Nikkei Stock Average retreated 185.49 points, or 0.95%, to close at 19285.63. The broader Topix index dropped 16.04 points, or 1.02%, to 1552.78.

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Nikkei slips 1%