Nikkei tanks 3.05%

Last Updated : Jun 16 2016 | 8:47 PM IST

The Japan share market finished steep lower on Thursday, 16 June 2016, dragged down by yen appreciation against basket of major currencies after the Bank of Japan (BOJ) kept monetary policy steady. Selloff pressure also intensified amid uncertainty around US and Chinese growth, Britain's future in the European Union. All 33 groups on the equity gauge declined, with real estate, nonferrous metals, rubber products, and machinery issues being major losers. The benchmark Nikkei 225 index tanked 3.05%, or 485.44 points, to 15,434.14. The Topix index of all first-section issues finished down 35.55 points, or 2.78%, at 1,241.55.

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Nikkei tanks 3.05%